Nashville Housing Market Conditions
Nashville continues to see pre-pandemic volume in its housing market. Entry-level buyers are poised for great suburban options offering affordable new homes. It is a tight market for vacant developed lot supply.
Even with higher mortgage rates, the promising job market translates to one of the lowest unemployment rates in the U.S. and great potential for prospective new home buyers. This fast-growing market draws both new households and employers.
While not as affordable as in the past, the selection of new home communities will draw you to this region. Live in Nashville as it stays the course and offers more new homes for sale throughout 2023.
Things to Do in Nashville, TN
Nashville, Tennessee, is the funky and eclectic state capital where you can find live music around every corner, from the Ryman Auditorium to the world-famous Grand Ole Opry to rooftop bars and small coffee shops. From up-and-coming amateur artists to established music stars, Nashville has it all. Fabulous family-friendly attractions include Opryland, which combines excellent entertainment with amusement rides and family fun, and the Country Music Hall of fame, rich with country music history and memorabilia. Stroll along the lush rolling hillside that was once home to President Andrew Jackson's Hermitage. Nashville is a charming city with lots of southern hospitality and something for everyone.
Industries in the Nashville Area
With its vibrant history and continued contributions to the music industry, it is no surprise that Nashville's economy is supported by the tourism and entertainment industries. The city's thriving economy also offers many healthcare, government, and education job opportunities.
You'll find many great new home communities throughout Nashville and the surrounding region. South of the city, down Interstate 24, you'll find scores of new developments in Murfreesboro, TN. If you head east on Interstate 40, you'll find great new home subdivisions in Lebanon and the surrounding area. There are also a significant number of new home communities located in the heart of downtown Nashville.
School Districts in the Nashville Area
There’s no need to worry about the quality of education as the school districts are stellar. Professional educators are committed to providing a rich learning environment for your children. State of the art teaching practices and student success are at the forefront of districts like Metro Nashville Public Schools, Williamson County Schools, Rutherford County Schools and Wilson County Schools.
Learn More About Living in Nashville, TN
Here are resources that can help you find the perfect new home.
Popular Housing Developments in Nashville, TN
Market Overview: New Construction Homes in Nashville, TN
Here is a quick overview of new housing developments in the Nashville area and the new construction market for new build homes in Nashville:
| Market Name | Nashville |
| State Name | Tennessee |
| Subdivisions | 342 |
| Homes Under Construction | 740 |
| Quick Move-in Homes | 996 |
| Floor Plans | 3,460 |
| Starting Price | $100,000 |
| Average Price | $607,738 |
| Price Per SqFt | $238 |
| New Home Builders | 73 |
| Leading Builders | - Meritage Homes
- Lennar
- Ole South
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