Nashville Home Prices Hit Another Record | Nashville Public Radio

Nashville Home Prices Hit Another Record

Jul 7, 2015

The median home price in the Nashville area is at its highest level ever.

June was the fourth month in a row that the region hit a record median price — this time, it was $240,000, according to the Greater Nashville Association of Realtors.

Vanessa Chang has watched those prices march higher. She bought her home in Donelson earlier this year.

"I got a really good deal for it, but I know it's going up. My brother is trying to move here too, and he's trying to buy a house, and yes, the price is definitely going up."

And it’s not just price that’s spiking. The number of homes sold in June is the highest it’s been since summer of 2006.

Below are visuals that help represent trends in Nashville's growth from 2004 to present.   

The number of home sales has been increasing over the past five years. Data provided by the Greater Nashville Association of Realtors.
Credit Lily Williams / WPLN
The median home price has been increasing since 2004, and is significantly higher this year than last. Data provided by the Greater Nashville Association of Realtors.
Credit Lily Williams / WPLN

According to data provided as of June 6, these are the numbers of listings for Davidson County ZIP codes 32301 through 32321.

Different areas of the city have differing amounts of available inventory. Data provided by WelcomehomeTN.com.
Credit Lily Williams / WPLN