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Nashville

Home to the Grand Ole Opry and honky-tonks, alongside Vanderbilt and health care jobs, this state capital is Music City, USA.

23,100

Jobs Created
2.3%

$66,630

Median Household Income
4.2%

19,256

Total Housing Permits
3.0%

387

Total Number of Projects
9.0%

$427,454

SFD New Home List Price
18.4%

0

New Home Sales
16.0%
Monthly

Market Health

Nashville s population is 1.9M, with a total workforce of 1.0M. The labor market grew by 23,100 jobs over the past year, up by 2.3%. The median household income in Nashville is $66,630, 4.2% higher than last year and 8.6% above the national average of $61,372.
In the housing market, total permits issued totaled 19,256 over the last twelve months, up 3.0% year-over-year. Nashville has 387 active new home projects on the market, 9.0% more than the 355 from last year. The average list price in the market is $427,454, 18.4% higher than last year and 36.7% above the national average. Over the last three months, new home contracts increased by 16.0% to 1,880. Nashville and Murfreesboro had the highest concentration of the new home contracts in the Nashville market.

Our Experts

Work with leaders in the industry.

Mollie Carmichael

Principal

Mollie Carmichael

Principal


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