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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.

30,500

Jobs Created
3%

$66,630

Median Household Income
4.2%

18,484

Total Housing Permits
-5%

376

Total Number of Projects
24.9%

$400,990

SFD New Home List Price
3.5%

1,599

New Home Sales
12.5%
Monthly

Market Health

Nashville s population is 1.9M, with a total workforce of 1.0M. The labor market grew by 30,500 jobs over the past year, up by 3.0%. 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 18,484 over the last twelve months, down 5.0% year-over-year. Nashville has 376 active new home projects on the market, 24.9% more than the 301 from last year. The average list price in the market is $400,990, 3.5% higher than last year and 32.5% above the national average. Over the last three months, new home contracts increased by 12.5% to 1,599. 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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