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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.

21,800

Jobs Created
2.2%

$66,556

Median Household Income
4.1%

18,091

Total Housing Permits
-2.5%

341

Total Number of Projects
31.7%

$369,384

SFD New Home List Price
-2.2%

1,260

New Home Sales
2.6%
Monthly

Market Health

Nashville s population is 1.9M, with a total workforce of 1.0M. The labor market grew by 21,800 jobs over the past year, up by 2.2%. The median household income in Nashville is $66,556, 4.1% higher than last year and 8.4% above the national average of $61,372. In the housing market, total permits issued totaled 18,091 over the last twelve months, down 2.5% year-over-year. Nashville has 341 active new home projects on the market, 31.7% more than the 259 from last year. The average list price in the market is $369,384, 2.2% lower than last year and 19.3% above the national average. Over the last three months, new home contracts increased by 2.6% to 1,260. Murfreesboro and Nashville 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


Michael Timmerman

Senior Vice President

Michael Timmerman

Senior Vice President


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