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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.

29,100

Jobs Created
2.8%

$67,733

Median Household Income
2.8%

22,235

Total Housing Permits
18.6%

387

Total Number of Projects
-3.0%

$375,670

SFD New Home List Price
-4.2%

0

New Home Sales
8.6%
Monthly

Market Health

Nashville s population is 2.0M, with a total workforce of 1.0M. The labor market grew by 29,100 jobs over the past year, up by 2.8%. The median household income in Nashville is $67,733, 2.8% higher than last year and 7.2% above the national average of $63,179.
In the housing market, total permits issued totaled 22,235 over the last twelve months, up 18.6% year-over-year. Nashville has 387 active new home projects on the market, 3.0% fewer than the 399 from last year. The average list price in the market is $375,670, 4.2% lower than last year and 16.9% above the national average. Over the last three months, new home contracts increased by 8.6% to 2,266. 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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