A new stretch of State Route 840 that opened last fall looks poised to deliver a growth spurt in a relatively affordable part of wealthy Williamson County: the small town of Fairview, southwest of Nashville.
The housing sector is hot throughout the Nashville area, and home sales in popular parts of Williamson County average well above $400,000. Fairview, by contrast, runs less than half that, and may be still down a bit since the recession.
Since the town is part of Williamson County’s sought-after school district, Fairview Mayor Beverly Totty is hopeful the wealth will flow west along the new highway.
“We average about a hundred listings in our area of Fairview – 37062 zip code. Out of those hundred, there’s about 45 under contract. So that’s almost a 50 percent sold market, which is insane.”
Realtors watching the area say that’s not an embellishment, noting sales are double compared to this time last year, as in a few other places around Middle Tennessee. And there’s one other sign growth is on the way: a new Wal-Mart is opening, banking not just on the families in Fairview, but the ones that are going to be there.