• Over the past couple of years, Tennessee was one of the strongest housing markets in the U.S. due to factors such as rapid population growth and limited real estate inventory
  • As 2019 approaches to an end, the housing space in the state and particularly in Nashville seems to be cooling off in terms of transactions, although home price appreciation is still expected
  • The median home value in Tennessee is $172,000.
  • Tennessee home values have gone up 5.5% over the past year and Zillow predicts they will rise 4.4% within the next year.
  • Average market rent in Tennessee is $1,091/month
  • 8% of the homes are Single-Family homes
  • PwC ranked the Nashville real estate market as the #5 among US Markets to Watch for overall real estate perspectives in its annual Emerging Trends in Real Estate