East Nashville, Nashville, TN—37206
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Nashville, Nashville, TN
As of Oct '25, the median home price in East Nashville, Nashville, TN is $612,000, with a year-over-year change of -0.8%. This indicates that home prices in East Nashville, Nashville, TN are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $612,000 | -0.8% |
| Single Family | $620,000 | -0.8% |
| Condos | $533,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $330,000 | -4.9% |
2 Bed | $434,000 | -0.7% |
3 Bed | $620,000 | -0.6% |
4 Bed | $802,000 | -1.1% |
| 5 Bed | $1,007,000 | 0.3% |
% of Housing Stock
Rental Trends — East Nashville, Nashville, TN
As of July '25, Rentcast reports the average rent in East Nashville, Nashville, TN is $2,900, with a year-over-year rent change of 2.5%. Per bedroom, the median rent as of July '25 in East Nashville, Nashville, TN is studios: $1,390, 1-bedrooms: $1,760, 2-bedrooms: $2,280, 3-bedrooms: $3,090, 4-bedrooms: $4,340. The most common rental property sizes in East Nashville, Nashville, TN are 2-bedroom and 1-bedroom, accounting for 40.0% and 25.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,900 |
| Studio Rent | $1,380 | $1,390 |
| 1 Bed Rent | $1,730 | $1,760 |
| 2 Bed Rent | $2,300 | $2,280 |
| 3 Bed Rent | $3,100 | $3,090 |
| 4 Bed Rent | $3,900 | $4,340 |
% of Rental Stock
Property Listings — East Nashville, Nashville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in East Nashville, Nashville, TN is 63. This is a increase of 9.0% 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 | $725,000 | 2.0% |
Listing Count | 208 | 10.0% |
| Listings as % of Homes | 1.0% | 10.0% |
Days on Market | 63 | 9.0% |
Demographics — East Nashville, Nashville, TN
As of the latest ACS Survey released in 2023, East Nashville, Nashville, TN has a population of 29,400, which has increased by 15.3% over the past 5 years. East Nashville, Nashville, TN is a moderately popular place for families, as children make up 22.6% of the population. The area has a highly educated workforce, with 59.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,400 | 15.3% |
% Under 18 | 22.6% | 15.3% |
% Seniors | 7.1% | -16.5% |
% WFH | 28.1% | 205.4% |
% w/ College Degree | 59.5% | 35.8% |
As of the latest ACS Survey released in 2023, East Nashville, Nashville, TN is a predominantly white area, with 59.9% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in East Nashville, Nashville, TN is black, making up 28.7% of the population. Foreign-born residents account for 5.3% of the population in East Nashville, Nashville, TN, and this percentage has increased by 20.5% 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 | 59.9% | 0.3% |
% Black | 28.7% | -9.5% |
% Hispanic | 5.4% | 35.0% |
% Asian | 1.3% | 44.4% |
% Foreign Born | 5.3% | 20.5% |
Mortgage and Risk — East Nashville, Nashville, TN
According to HUD data as of 2023, there were 604 mortgage originations in East Nashville, Nashville, TN, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in East Nashville, Nashville, TN. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 604 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — East Nashville, Nashville, TN
As of 2024, the percent of homes in East Nashville, Nashville, TN under the Section 8 program is 28.4%. 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. In East Nashville, Nashville, TN, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 1,952 |
Total Units Section 8 | 1,927 |
% Rentals under Section 8 | 28.4% |
% Occupied Section 8 | 79.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $1,730 | $1,710 |
| 2 Bedroom | -$410 | $2,300 | $1,890 |
| 3 Bedroom | -$710 | $3,100 | $2,390 |
| 4 Bedroom | -$960 | $3,900 | $2,940 |
Affordability — East Nashville, Nashville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $612,000 |
| Median Household Income | $88,600 |