The Nations, Nashville, TN—37209
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — The Nations, Nashville, TN
As of Oct '25, the median home price in The Nations, Nashville, TN is $553,000, with a year-over-year change of -0.2%. This indicates that home prices in The Nations, Nashville, TN are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $553,000 | -0.2% |
| Single Family | $576,000 | -0.2% |
| Condos | $402,000 | -2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $280,000 | -3.4% |
2 Bed | $394,000 | -1.7% |
3 Bed | $571,000 | -0.5% |
4 Bed | $750,000 | -0.4% |
| 5 Bed | $962,000 | 2.0% |
% of Housing Stock
Rental Trends — The Nations, Nashville, TN
As of July '25, Rentcast reports the average rent in The Nations, Nashville, TN is $2,860, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in The Nations, Nashville, TN is studios: $1,440, 1-bedrooms: $1,520, 2-bedrooms: $2,010, 3-bedrooms: $3,150, 4-bedrooms: $4,040. The most common rental property sizes in The Nations, Nashville, TN are 2-bedroom and 1-bedroom, accounting for 44.9% and 33.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,860 |
| Studio Rent | $1,410 | $1,440 |
| 1 Bed Rent | $1,460 | $1,520 |
| 2 Bed Rent | $1,900 | $2,010 |
| 3 Bed Rent | $3,100 | $3,150 |
| 4 Bed Rent | $4,150 | $4,040 |
% of Rental Stock
Property Listings — The Nations, Nashville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in The Nations, Nashville, TN is 71. This is a increase of 29.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $650,000 | -7.0% |
Listing Count | 418 | 15.0% |
| Listings as % of Homes | 1.1% | 15.0% |
Days on Market | 71 | 29.0% |
Demographics — The Nations, Nashville, TN
As of the latest ACS Survey released in 2023, The Nations, Nashville, TN has a population of 38,400, which has decreased by -1.1% over the past 5 years. The Nations, Nashville, TN is a less popular place for families, as children make up 14.6% of the population. The area has a highly educated workforce, with 57.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,400 | -1.1% |
% Under 18 | 14.6% | -23.6% |
% Seniors | 10.5% | 25.0% |
% WFH | 23.8% | 376.0% |
% w/ College Degree | 57.3% | 37.1% |
As of the latest ACS Survey released in 2023, The Nations, Nashville, TN is a predominantly white area, with 64.9% of the population identifying as white. The white population has grown by 13.1% in the last 5 years. The second most common race or ethnicity in The Nations, Nashville, TN is black, making up 17.8% of the population. Foreign-born residents account for 10.4% of the population in The Nations, Nashville, TN, and this percentage has decreased by 14.0% 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 | 64.9% | 13.1% |
% Black | 17.8% | -29.6% |
% Hispanic | 8.4% | 13.5% |
% Asian | 5.1% | -3.8% |
% Foreign Born | 10.4% | -14.0% |
Mortgage and Risk — The Nations, Nashville, TN
According to HUD data as of 2023, there were 1001 mortgage originations in The Nations, Nashville, TN, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in The Nations, Nashville, TN. Investor activity is low, as 4.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,001 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — The Nations, Nashville, TN
As of 2024, the percent of homes in The Nations, Nashville, TN under the Section 8 program is 7.7%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in The Nations, 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 | 860 |
Total Units Section 8 | 860 |
% Rentals under Section 8 | 7.7% |
% Occupied Section 8 | 75.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,460 | $1,770 |
| 2 Bedroom | $60 | $1,900 | $1,960 |
| 3 Bedroom | -$620 | $3,100 | $2,480 |
| 4 Bedroom | -$1,100 | $4,150 | $3,050 |
Affordability — The Nations, Nashville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $553,000 |
| Median Household Income | $75,800 |