February 2019 Housing Stats

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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