Goodlettsville, Nashville, TN37115

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$325,000
1.1% YoY Growth
Median Household Income
$53,000
21.9% 5-Year Growth
Days on Market
52
4.0% Longer than last year
Home Price Forecast
0.7%
Median Rent
$1,700
3.2% YoY Growth
1-Bed Rent
$1,070
0.9% YoY Growth
2-Bed Rent
$1,400
1.4% YoY Growth
3-Bed Rent
$2,150
2.7% YoY Growth

Property Listings — Goodlettsville, Nashville, TN

As of Oct '25, Realtor.com reports that the median days on market for a home in Goodlettsville, Nashville, TN is 52. This is a increase of 4.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$384,000-1.0%
Listing Count
22531.0%
Listings as % of Homes0.6%31.0%
Days on Market
524.0%
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Demographics — Goodlettsville, Nashville, TN

As of the latest ACS Survey released in 2023, Goodlettsville, Nashville, TN has a population of 41,300, which has increased by 2.0% over the past 5 years. Goodlettsville, Nashville, TN is a moderately popular place for families, as children make up 22.6% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
41,3002.0%
% Under 18
22.6%-2.2%
% Seniors
14.1%11.0%
% WFH
9.8%151.3%
% w/ College Degree
23.1%24.9%
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As of the latest ACS Survey released in 2023, Goodlettsville, Nashville, TN is a predominantly white area, with 36.5% of the population identifying as white. The white population has shrunk by 14.3% in the last 5 years. The second most common race or ethnicity in Goodlettsville, Nashville, TN is black, making up 32.0% of the population. Foreign-born residents account for 18.1% of the population in Goodlettsville, Nashville, TN, and this percentage has increased by 70.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
36.5%-14.3%
% Black
32.0%-9.6%
% Hispanic
25.8%44.1%
% Asian
1.8%63.6%
% Foreign Born
18.1%70.8%
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Mortgage and Risk — Goodlettsville, Nashville, TN

According to HUD data as of 2023, there were 664 mortgage originations in Goodlettsville, Nashville, TN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Goodlettsville, Nashville, TN. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
664
% Conventional Loans
75.0%
% Government Loans
25.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Goodlettsville, Nashville, TN

As of 2024, the percent of homes in Goodlettsville, Nashville, TN under the Section 8 program is 18.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Goodlettsville, Nashville, TN, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
1,967
Total Units Section 8
1,964
% Rentals under Section 8
18.9%
% Occupied Section 8
83.3%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$430$1,070$1,500
2 Bedroom$260$1,400$1,660
3 Bedroom-$50$2,150$2,100
4 Bedroom-$100$2,680$2,580

Affordability — Goodlettsville, Nashville, TN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.1
Median Home Price$325,000
Median Household Income$53,000

Goodlettsville, Nashville, TN — ZIP Code Boundary Map

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Frequently Asked Questions