Mount Juliet South, Nashville, TN—37138
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Juliet South, Nashville, TN
As of Oct '25, the median home price in Mount Juliet South, Nashville, TN is $384,000, with a year-over-year change of -0.3%. This indicates that home prices in Mount Juliet South, 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 | $384,000 | -0.3% |
| Single Family | $387,000 | -0.3% |
| Condos | $315,000 | 0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $285,000 | -0.7% |
3 Bed | $372,000 | -0.5% |
4 Bed | $578,000 | 1.9% |
| 5 Bed | $788,000 | 4.5% |
% of Housing Stock
Rental Trends — Mount Juliet South, Nashville, TN
As of July '25, Rentcast reports the average rent in Mount Juliet South, Nashville, TN is $2,010, with a year-over-year rent change of -6.1%. Per bedroom, the median rent as of July '25 in Mount Juliet South, Nashville, TN is 1-bedrooms: $986, 2-bedrooms: $1,710, 3-bedrooms: $2,150, 4-bedrooms: $2,380. The most common rental property sizes in Mount Juliet South, Nashville, TN are 3-bedroom and 2-bedroom, accounting for 33.5% and 31.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,010 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $925 | $986 |
| 2 Bed Rent | $1,840 | $1,710 |
| 3 Bed Rent | $2,200 | $2,150 |
| 4 Bed Rent | $2,380 | $2,380 |
% of Rental Stock
Property Listings — Mount Juliet South, Nashville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Juliet South, Nashville, TN is 58. This is a increase of 38.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $448,000 | -4.0% |
Listing Count | 165 | 25.0% |
| Listings as % of Homes | 1.0% | 25.0% |
Days on Market | 58 | 38.0% |
Demographics — Mount Juliet South, Nashville, TN
As of the latest ACS Survey released in 2023, Mount Juliet South, Nashville, TN has a population of 22,500, which has decreased by -7.0% over the past 5 years. Mount Juliet South, Nashville, TN is a moderately popular place for families, as children make up 21.2% of the population. The area has a moderately educated workforce, with 39.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,500 | -7.0% |
% Under 18 | 21.2% | -9.4% |
% Seniors | 17.3% | 8.8% |
% WFH | 14.0% | 180.0% |
% w/ College Degree | 39.8% | 23.6% |
As of the latest ACS Survey released in 2023, Mount Juliet South, Nashville, TN is a predominantly white area, with 80.3% of the population identifying as white. The white population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in Mount Juliet South, Nashville, TN is black, making up 9.9% of the population. Foreign-born residents account for 4.1% of the population in Mount Juliet South, Nashville, TN, and this percentage has decreased by 8.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.3% | 0.5% |
% Black | 9.9% | 22.2% |
% Hispanic | 5.6% | -31.7% |
% Asian | 1.3% | 160.0% |
% Foreign Born | 4.1% | -8.9% |
Mortgage and Risk — Mount Juliet South, Nashville, TN
According to HUD data as of 2023, there were 602 mortgage originations in Mount Juliet South, Nashville, TN, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Mount Juliet South, Nashville, TN. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 602 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Mount Juliet South, Nashville, TN
As of 2024, the percent of homes in Mount Juliet South, Nashville, TN under the Section 8 program is 23.8%. 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 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Mount Juliet South, Nashville, TN, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 475 |
Total Units Section 8 | 470 |
% Rentals under Section 8 | 23.8% |
% Occupied Section 8 | 90.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $685 | $925 | $1,610 |
| 2 Bedroom | -$60 | $1,840 | $1,780 |
| 3 Bedroom | $50 | $2,200 | $2,250 |
| 4 Bedroom | $390 | $2,380 | $2,770 |
Affordability — Mount Juliet South, Nashville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $384,000 |
| Median Household Income | $87,400 |