2024 Nashville August Market Update

Let’s explore the most sought-after areas around Nashville, Tennessee. We will focus on the market conditions as of the last day of July, providing you with the latest updates and insights. Most of the stats we will compare from now and the market from exactly 5 years ago.

Nashville Today & 5 Years Ago

CityCurrent Median PricesMedian Prices in July 2019Dollar AppreciationPercentage Change (%)
Antioch, TN$389,985$249,000$140,98556.62%
Ashland City, TN$360,000$241,990$118,01048.77%
Bell Buckle, TN$366,750$192,500$174,25090.52%
Brentwood, TN$1,372,500$748,500$624,00083.37%
Carthage, TN$289,950$220,000$69,95031.80%
Castalian Springs, TN$429,400$233,500$195,90083.87%
Cedar Hill, TN$500,000$299,900$200,10066.72%
Centerville, TN$210,888$134,500$76,38856.79%
Chapel Hill, TN$412,500$270,000$142,50052.78%
Christiana, TN$387,950$227,495$160,45570.53%
Clarksville, TN$315,000$208,000$107,00051.44%
Cross Plains, TN$482,500$220,000$262,500119.32%
Dickson, TN$365,000$200,000$165,00082.50%
Eagleville, TN$655,000$328,474$326,52699.41%
Fairview, TN$643,535$345,996$297,53985.99%
Franklin, TN$899,732$545,000$354,73265.09%
Gallatin, TN$501,460$285,450$216,01075.65%
Goodlettsville, TN$397,000$247,000$150,00060.73%
Greenbrier, TN$424,500$244,000$180,50073.98%
Hendersonville, TN$539,900$317,750$222,15069.91%
Hermitage, TN$470,788$270,000$200,78874.37%
Kingston Springs, TN$416,250$275,804$140,44650.92%
La Vergne, TN$370,000$210,000$160,00076.19%
Lafayette, TN$278,000$160,400$117,60073.32%
Lebanon, TN$450,000$298,950$151,05050.53%
Lewisburg, TN$287,000$187,400$99,60053.15%
Madison, TN$369,450$217,500$151,95069.86%
Manchester, TN$387,500$206,000$181,50088.11%
Mount Juliet, TN$595,700$378,750$216,95057.28%
Nashville, TN$607,000$362,000$245,00067.68%
Nolensville, TN$875,000$522,445$352,55567.48%
Old Hickory, TN$395,000$274,900$120,10043.69%
Pegram, TN$703,000$320,000$383,000119.69%
Pleasant View, TN$420,462$263,400$157,06259.63%
Portland, TN$355,000$210,000$145,00069.05%
Rockvale, TN$500,000$361,000$139,00038.50%
Shelbyville, TN$320,445$189,900$130,54568.74%
Smyrna, TN$460,000$302,000$158,00052.32%
Spring Hill, TN$524,000$349,500$174,50049.93%
Springfield, TN$354,900$214,900$140,00065.15%
Thompsons Station, TN$834,900$374,900$460,000122.70%
Westmoreland, TN$289,950$177,000$112,95063.81%
White Bluff, TN$325,000$202,000$123,00060.89%
White House, TN$390,000$258,000$132,00051.16%
Source from Realtrcas MLS

Top 5 Cities with the Greatest Percentage Increase in Property Prices:

  1. Thompsons Station, TN: Increased by 122.70% (Current Price: $834,900)
  2. Pegram, TN: Increased by 119.69% (Current Price: $703,000)
  3. Cross Plains, TN: Increased by 119.32% (Current Price: $482,500)
  4. Eagleville, TN: Increased by 99.41% (Current Price: $655,000)
  5. Bell Buckle, TN: Increased by 90.52% (Current Price: $366,750)

5 Cheapest Places to Live Now:

  1. Centerville, TN: Current Price: $210,888
  2. Lafayette, TN: Current Price: $278,000
  3. Lewisburg, TN: Current Price: $287,000
  4. Westmoreland, TN: Current Price: $289,950
  5. Carthage, TN: Current Price: $289,950

Top 5 Most Affordable Areas that Appreciated the Most:

  1. Centerville, TN: Price in July 2019: $134,500; Current Price: $210,888 (+56.79%)
  2. Lafayette, TN: Price in July 2019: $160,400; Current Price: $278,000 (+73.32%)
  3. Westmoreland, TN: Price in July 2019: $177,000; Current Price: $289,950 (+63.81%)
  4. Lewisburg, TN: Price in July 2019: $187,400; Current Price: $287,000 (+53.15%)
  5. Shelbyville, TN: Price in July 2019: $189,900; Current Price: $320,445 (+68.74%)

Top Most Affordable & Close to Downtown:

La Vergne, TN

  • Current Price: $370,000
  • Proximity: La Vergne is about 20 miles southeast of downtown Nashville, offering a reasonable commute while remaining relatively affordable.

Madison, TN

  • Current Price: $369,450
  • Proximity: Madison is located just north of Nashville, approximately 8-10 miles from downtown. It provides a shorter commute compared to other affordable areas.

Hermitage, TN

  • Current Price: $470,788
  • Proximity: Located about 10 miles east of downtown Nashville, Hermitage offers a good balance between affordability and proximity to the city.

Old Hickory, TN

  • Current Price: $395,000
  • Proximity: Similar to Hermitage, Old Hickory is about 12 miles northeast of downtown Nashville, making it another viable option for those looking to stay close to the city.

Smyrna, TN

  • Current Price: $460,000
  • Proximity: Smyrna is about 24 miles southeast of downtown Nashville. While slightly farther, it remains a popular choice due to its affordability and community amenities.

Nashville Today & When Rates First Increased

AreaCurrent Median PricesMedian Prices (March 2022)Dollar ChangePercent Change
Antioch, TN$389,985$370,000199855.401
Ashland City, TN$360,000$330,000300009.091
Bell Buckle, TN$366,750$407,500-40750-10.000
Brentwood, TN$1,372,500$1,300,000725005.577
Carthage, TN$289,950$292,450-2500-0.855
Castalian Springs, TN$429,400$350,0007940022.686
Cedar Hill, TN$500,000$277,50022250080.180
Centerville, TN$210,888$220,000-9112-4.142
Chapel Hill, TN$412,500$382,000305007.984
Christiana, TN$387,950$423,950-36000-8.492
Clarksville, TN$315,000$304,900101003.313
Cross Plains, TN$482,500$424,9005760013.556
Dickson, TN$365,000$303,4506155020.283
Eagleville, TN$655,000$475,00018000037.895
Fairview, TN$643,535$430,00021353549.659
Franklin, TN$899,564$810,0008956411.057
Gallatin, TN$501,460$470,000314606.694
Goodlettsville, TN$395,000$415,000-20000-4.819
Greenbrier, TN$424,500$375,0004950013.200
Hendersonville, TN$539,900$500,000399007.980
Hermitage, TN$470,788$400,0007078817.697
Kingston Springs, TN$416,250$430,950-14700-3.411
La Vergne, TN$370,000$339,100309009.112
Lafayette, TN$278,000$275,00030001.091
Lebanon, TN$450,000$400,0005000012.500
Lewisburg, TN$287,000$247,5003950015.960
Madison, TN$369,450$350,000194505.557
Manchester, TN$387,500$295,0009250031.356
Mount Juliet, TN$596,168$559,000371686.649
Nashville, TN$608,500$579,900286004.932
Nolensville, TN$875,000$826,632483685.851
Old Hickory, TN$395,000$390,00050001.282
Pegram, TN$703,000$370,50033250089.744
Pleasant View, TN$420,462$426,000-5538-1.300
Portland, TN$352,500$295,0005750019.492
Rockvale, TN$500,000$532,000-32000-6.015
Shelbyville, TN$320,445$297,950224957.550
Smyrna, TN$460,000$425,000350008.235
Spring Hill, TN$528,000$531,350-3350-0.630
Springfield, TN$354,900$351,01238881.108
Thompsons Station, TN$834,900$752,5008240010.950
Westmoreland, TN$289,950$240,0004995020.812
White Bluff, TN$325,000$322,55024500.760
White House, TN$390,000$380,000100002.632

The areas appreciating the most in terms of percentage change from March 2022 to August 2024 are:

  1. Pegram, TN: 89.744% increase
  2. Cedar Hill, TN: 80.180% increase
  3. Eagleville, TN: 37.895% increase
  4. Manchester, TN: 31.356% increase
  5. Castalian Springs, TN: 22.686% increase

Appreciated (More than 5% increase)

  • Antioch, TN: 5.401%
  • Ashland City, TN: 9.091%
  • Brentwood, TN: 5.577%
  • Castalian Springs, TN: 22.686%
  • Cedar Hill, TN: 80.180%
  • Chapel Hill, TN: 7.984%
  • Cross Plains, TN: 13.556%
  • Dickson, TN: 20.283%
  • Eagleville, TN: 37.895%
  • Fairview, TN: 49.659%
  • Franklin, TN: 11.057%
  • Gallatin, TN: 6.694%
  • Greenbrier, TN: 13.200%
  • Hendersonville, TN: 7.980%
  • Hermitage, TN: 17.697%
  • La Vergne, TN: 9.112%
  • Lebanon, TN: 12.500%
  • Lewisburg, TN: 15.960%
  • Madison, TN: 5.557%
  • Manchester, TN: 31.356%
  • Mount Juliet, TN: 6.649%
  • Nolensville, TN: 5.851%
  • Pegram, TN: 89.744%
  • Portland, TN: 19.492%
  • Shelbyville, TN: 7.550%
  • Smyrna, TN: 8.235%
  • Thompsons Station, TN: 10.950%
  • Westmoreland, TN: 20.812%

Count: 28 out of 44

Stayed Same (Appreciated less than 5% and depreciated less than -5%)

  • Carthage, TN: -0.855%
  • Centerville, TN: -4.142%
  • Clarksville, TN: 3.313%
  • Goodlettsville, TN: -4.819%
  • Kingston Springs, TN: -3.411%
  • Lafayette, TN: 1.091%
  • Nashville, TN: 4.932%
  • Old Hickory, TN: 1.282%
  • Pleasant View, TN: -1.300%
  • Springfield, TN: 1.108%
  • White Bluff, TN: 0.760%
  • White House, TN: 2.632%

Count: 12 out of 44

Depreciated (More than -5% decrease)

  • Bell Buckle, TN: -10.000%
  • Christiana, TN: -8.492%
  • Rockvale, TN: -6.015%

Count: 3 out of 44

Nashville Today & Last Month

Here is the updated table comparing the median prices from June 2024 to end of the month July 2024:

AreaCurrent median Prices (2024)Median Prices (June 2024)Dollar ChangePercent Change
Antioch, TN$389,985$395,000-5015-1.270
Ashland City, TN$360,000$408,400-48400-11.838
Bell Buckle, TN$366,750$413,000-46250-11.199
Brentwood, TN$1,372,500$1,730,000-357500-20.665
Carthage, TN$289,950$348,800-58850-16.896
Castalian Springs, TN$429,400$370,0005940016.054
Cedar Hill, TN$500,000$425,0007500017.647
Centerville, TN$210,888$249,900-39012-15.611
Chapel Hill, TN$412,500$439,000-26500-6.036
Christiana, TN$387,950$545,150-157200-28.816
Clarksville, TN$315,000$322,000-7000-2.174
Cross Plains, TN$482,500$385,0009750025.325
Dickson, TN$365,000$410,000-45000-10.976
Eagleville, TN$655,000$640,000150002.344
Fairview, TN$643,535$739,600-96065-13.024
Franklin, TN$899,564$925,000-25436-2.750
Gallatin, TN$501,460$469,500319606.838
Goodlettsville, TN$395,000$375,300197005.245
Greenbrier, TN$424,500$384,1004040010.504
Hendersonville, TN$539,900$541,000-1100-0.205
Hermitage, TN$470,788$480,615-9827-2.044
Kingston Springs, TN$416,250$703,500-287250-40.832
La Vergne, TN$370,000$350,000200005.714
Lafayette, TN$278,000$275,00030001.091
Lebanon, TN$450,000$430,300197004.654
Lewisburg, TN$287,000$297,000-10000-3.367
Madison, TN$369,450$379,500-10050-2.552
Manchester, TN$387,500$330,0005750017.460
Mount Juliet, TN$596,168$605,000-8832-1.460
Nashville, TN$608,500$610,000-1500-0.246
Nolensville, TN$875,000$742,80013220017.845
Old Hickory, TN$395,000$407,500-12500-3.127
Pegram, TN$703,000$395,00030800077.975
Pleasant View, TN$420,462$425,000-4538-1.068
Portland, TN$352,500$337,450150504.460
Rockvale, TN$500,000$439,0266097413.888
Shelbyville, TN$320,445$324,900-4455-1.371
Smyrna, TN$460,000$490,020-30020-6.126
Spring Hill, TN$528,000$508,195198053.897
Springfield, TN$354,900$296,0005890019.899
Thompsons Station, TN$834,900$848,208-13308-1.569
Westmoreland, TN$289,950$235,4505450023.147
White Bluff, TN$325,000$349,900-24900-7.116
White House, TN$390,000$380,46595352.506

Top 5 Areas that Appreciated the Most:

  1. Pegram, TN: 77.975% increase
  2. Cross Plains, TN: 25.325% increase
  3. Westmoreland, TN: 23.147% increase
  4. Springfield, TN: 19.899% increase
  5. Nolensville, TN: 17.845% increase

5 Areas that Depreciated the Most:

  1. Kingston Springs, TN: -40.832% decrease
  2. Christiana, TN: -28.816% decrease
  3. Brentwood, TN: -20.665% decrease
  4. Carthage, TN: -16.896% decrease
  5. Centerville, TN: -15.611% decrease

Nashville Today & 3 Months Ago

Here is the updated table comparing the median prices from April 2024 to end of the month July 2024:

AreaCurrent Median PricesMedian Prices (April 2024)Dollar ChangePercent Change
Antioch, TN$389,985$390,000-15-0.004
Ashland City, TN$360,000$297,5006250021.008
Bell Buckle, TN$366,750$450,000-83250-18.482
Brentwood, TN$1,372,500$1,282,500900007.018
Carthage, TN$289,950$235,0005495023.409
Castalian Springs, TN$429,400$585,000-155600-26.598
Cedar Hill, TN$500,000$269,50023050085.529
Centerville, TN$210,888$279,900-69012-24.683
Chapel Hill, TN$412,500$369,0004350011.789
Christiana, TN$387,950$379,90080502.119
Clarksville, TN$315,000$310,00050001.646
Cross Plains, TN$482,500$563,500-81000-14.367
Dickson, TN$365,000$360,00050001.389
Eagleville, TN$655,000$715,000-60000-8.392
Fairview, TN$643,535$648,460-4925-0.759
Franklin, TN$899,564$974,888-75324-7.737
Gallatin, TN$501,460$463,000384608.252
Goodlettsville, TN$395,000$400,000-5000-1.248
Greenbrier, TN$424,500$380,0004450011.711
Hendersonville, TN$539,900$581,000-41100-7.074
Hermitage, TN$470,788$445,000257885.795
Kingston Springs, TN$416,250$560,000-143750-25.670
La Vergne, TN$370,000$360,000100002.778
Lafayette, TN$278,000$274,75032501.183
Lebanon, TN$450,000$470,000-20000-4.219
Lewisburg, TN$287,000$260,0002700010.427
Madison, TN$369,450$385,000-15550-4.039
Manchester, TN$387,500$312,0007550024.199
Mount Juliet, TN$596,168$595,00011680.213
Nashville, TN$608,500$600,00085001.434
Nolensville, TN$875,000$870,00050000.575
Old Hickory, TN$395,000$398,000-3000-0.754
Pegram, TN$703,000$1,049,963-346963-33.045
Pleasant View, TN$420,462$424,999-4537-1.068
Portland, TN$352,500$328,050244507.453
Rockvale, TN$500,000$577,751-77751-13.458
Shelbyville, TN$320,445$310,000104453.369
Smyrna, TN$460,000$465,000-5000-1.075
Spring Hill, TN$528,000$502,500255005.075
Springfield, TN$354,900$339,000159004.690
Thompsons Station, TN$834,900$754,0008090010.729
Westmoreland, TN$289,950$232,0005795024.978
White Bluff, TN$325,000$322,50025000.775
White House, TN$390,000$393,990-3990-1.013

The five areas that appreciated the most from April 2024 to August 2024 are:

  1. Cedar Hill, TN: 85.529% increase
  2. Westmoreland, TN: 24.978% increase
  3. Manchester, TN: 24.199% increase
  4. Carthage, TN: 23.409% increase
  5. Ashland City, TN: 21.008% increase

The five areas that depreciated the most from April 2024 to August 2024 are:

  1. Pegram, TN: -33.045% decrease
  2. Castalian Springs, TN: -26.598% decrease
  3. Kingston Springs, TN: -25.670% decrease
  4. Centerville, TN: -24.683% decrease
  5. Bell Buckle, TN: -18.482% decrease ​

Nashville Today & 6 Months Ago

Here is the corrected table comparing the median prices from January 2024 to August 2024, with the percentage change rounded to three decimal places:

AreaCurrent Median PricesMedian Prices (January 2024)Dollar ChangePercent Change
Antioch, TN$389,985$407,002-17017-4.181
Ashland City, TN$360,000$343,500165004.727
Bell Buckle, TN$366,750$472,000-105250-22.373
Brentwood, TN$1,372,500$1,188,75018375015.385
Carthage, TN$289,950$289,900500.017
Castalian Springs, TN$429,400$450,000-20600-4.578
Cedar Hill, TN$500,000$288,50021150073.310
Centerville, TN$210,888$269,100-58212-21.690
Chapel Hill, TN$412,500$334,0007850023.503
Christiana, TN$387,950$355,000329509.312
Clarksville, TN$315,000$306,50085002.773
Cross Plains, TN$482,500$200,000282500141.250
Dickson, TN$365,000$360,00050001.389
Eagleville, TN$655,000$466,50018850040.320
Fairview, TN$643,535$440,00020353546.258
Franklin, TN$899,564$999,900-100336-10.044
Gallatin, TN$501,460$428,5007296017.007
Goodlettsville, TN$395,000$397,825-2825-0.711
Greenbrier, TN$424,500$437,450-12950-2.960
Hendersonville, TN$539,900$487,5005240010.749
Hermitage, TN$470,788$442,500282886.393
Kingston Springs, TN$416,250$550,000-133750-24.318
La Vergne, TN$370,000$375,000-5000-1.333
Lafayette, TN$278,000$260,000180006.923
Lebanon, TN$450,000$420,000300007.145
Lewisburg, TN$287,000$260,0002700010.427
Madison, TN$369,450$370,000-550-0.122
Manchester, TN$387,500$287,00010050035.064
Mount Juliet, TN$596,168$600,000-3832-0.639
Nashville, TN$608,500$540,0006850012.685
Nolensville, TN$875,000$820,000550006.707
Old Hickory, TN$395,000$440,000-45000-10.227
Pegram, TN$703,000$775,000-72000-9.290
Pleasant View, TN$420,462$518,000-97538-18.830
Portland, TN$352,500$325,000275008.462
Rockvale, TN$500,000$472,050279505.921
Shelbyville, TN$320,445$305,258151874.975
Smyrna, TN$460,000$471,990-11990-2.540
Spring Hill, TN$528,000$575,000-47000-8.174
Springfield, TN$354,900$381,250-26350-6.911
Thompsons Station, TN$834,900$652,50018240027.954
Westmoreland, TN$289,950$279,900100503.591
White Bluff, TN$325,000$375,000-50000-13.333
White House, TN$390,000$373,000170004.558

The five areas that appreciated the most from January 2024 to August 2024 are:

  1. Cross Plains, TN: 141.250% increase
  2. Cedar Hill, TN: 73.310% increase
  3. Fairview, TN: 46.258% increase
  4. Eagleville, TN: 40.320% increase
  5. Manchester, TN: 35.064% increase

The five areas that depreciated the most from January 2024 to August 2024 are:

  1. Kingston Springs, TN: -24.318% decrease
  2. Bell Buckle, TN: -22.373% decrease
  3. Centerville, TN: -21.690% decrease
  4. Pleasant View, TN: -18.830% decrease
  5. White Bluff, TN: -13.333% decrease ​

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