Smyrna West, Nashville, TN—37076
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Smyrna West, Nashville, TN
As of Oct '25, the median home price in Smyrna West, Nashville, TN is $402,000, with a year-over-year change of -0.9%. This indicates that home prices in Smyrna West, Nashville, TN are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $402,000 | -0.9% |
| Single Family | $413,000 | -1.0% |
| Condos | $291,000 | 0.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $279,000 | -0.4% |
3 Bed | $390,000 | -1.3% |
4 Bed | $505,000 | -0.8% |
| 5 Bed | $545,000 | -1.8% |
% of Housing Stock
Rental Trends — Smyrna West, Nashville, TN
As of July '25, Rentcast reports the average rent in Smyrna West, Nashville, TN is $2,130, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in Smyrna West, Nashville, TN is studios: $1,090, 1-bedrooms: $1,290, 2-bedrooms: $1,690, 3-bedrooms: $2,270, 4-bedrooms: $2,540. The most common rental property sizes in Smyrna West, Nashville, TN are 2-bedroom and 1-bedroom, accounting for 50.6% and 30.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,130 | $2,130 |
| Studio Rent | $1,040 | $1,090 |
| 1 Bed Rent | $1,210 | $1,290 |
| 2 Bed Rent | $1,650 | $1,690 |
| 3 Bed Rent | $2,250 | $2,270 |
| 4 Bed Rent | $2,480 | $2,540 |
% of Rental Stock
Property Listings — Smyrna West, Nashville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Smyrna West, Nashville, TN is 59. This is a increase of 36.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $462,000 | -3.0% |
Listing Count | 283 | 11.0% |
| Listings as % of Homes | 0.7% | 11.0% |
Days on Market | 59 | 36.0% |
Demographics — Smyrna West, Nashville, TN
As of the latest ACS Survey released in 2023, Smyrna West, Nashville, TN has a population of 38,100, which has decreased by -2.1% over the past 5 years. Smyrna West, Nashville, TN is a moderately popular place for families, as children make up 20.1% of the population. The area has a moderately educated workforce, with 39.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,100 | -2.1% |
% Under 18 | 20.1% | -3.4% |
% Seniors | 14.0% | 1.4% |
% WFH | 18.3% | 266.0% |
% w/ College Degree | 39.9% | 11.5% |
As of the latest ACS Survey released in 2023, Smyrna West, Nashville, TN is a predominantly white area, with 58.0% of the population identifying as white. The white population has shrunk by 11.6% in the last 5 years. The second most common race or ethnicity in Smyrna West, Nashville, TN is black, making up 24.2% of the population. Foreign-born residents account for 7.7% of the population in Smyrna West, Nashville, TN, and this percentage has increased by 2.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 58.0% | -11.6% |
% Black | 24.2% | 12.6% |
% Hispanic | 11.0% | 35.8% |
% Asian | 1.6% | -51.5% |
% Foreign Born | 7.7% | 2.7% |
Mortgage and Risk — Smyrna West, Nashville, TN
According to HUD data as of 2023, there were 406 mortgage originations in Smyrna West, Nashville, TN, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Smyrna West, Nashville, TN. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 406 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Smyrna West, Nashville, TN
As of 2024, the percent of homes in Smyrna West, Nashville, TN under the Section 8 program is 7.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Smyrna West, Nashville, TN, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 578 |
Total Units Section 8 | 575 |
% Rentals under Section 8 | 7.5% |
% Occupied Section 8 | 86.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $420 | $1,210 | $1,630 |
| 2 Bedroom | $160 | $1,650 | $1,810 |
| 3 Bedroom | $40 | $2,250 | $2,290 |
| 4 Bedroom | $330 | $2,480 | $2,810 |
Affordability — Smyrna West, Nashville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $402,000 |
| Median Household Income | $74,600 |