Frequently, we are asked about the state of the housing market and what the future holds. Middle Tennessee has also been fortunate in its growth. As the City of Nashville becomes a hub of the south, the surrounding areas are affected through housing and labor. Nashville was recently named an emerging leader in the housing market by the Urban Land Institute (ULI). We can all see the daily effects the growth of Nashville. But what does that mean for you? It is our goal to provide meaningful content that puts you in a position of power because knowledge is power. To keep you informed, we’re providing the monthly housing statistics for the Middle TN area. Remember that outliers in counties like Davidson and Williamson can affect the average price.
Average single-family sale prices in February dipped below January prices in Maury, Lewis, and Rutherford Counties. Williamson, Davidson, Lewis, and Marshall experienced an increase in the average single-family sale price.
Maury County
Average sale price for single-family residences: $270,886
Average sale price for residential condos: $213,350
Williamson County
Average sale price for single-family residences: $607,309
Average sale price for residential condos: $280,608
Davidson County
Average sale price for single-family residences: $368,945
Average sale price for residential condos: $270,685
Lewis County
Average sale price for single-family residences: $132,600
Average sale price for land and farms: $63,044
Marshall County
Average sale price for single-family residences: $175,968
Average sale price for land and farms: $71,000
Rutherford County
Average sale price for single-family residences: $276,437
Average sale price for residential condos: $200,888
Want more information or need the numbers for a specific neighborhood? Let us know! We are happy to provide updates to help you with your housing decisions and to keep you informed.
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