South Nashville, Nashville, TN—37210
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Nashville, Nashville, TN
As of Oct '25, the median home price in South Nashville, Nashville, TN is $365,000, with a year-over-year change of -2.9%. This indicates that home prices in South Nashville, Nashville, TN are decreasing. 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 | $365,000 | -2.9% |
| Single Family | $367,000 | -2.4% |
| Condos | $362,000 | -3.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $286,000 | -8.0% |
2 Bed | $318,000 | -2.5% |
3 Bed | $405,000 | -2.2% |
4 Bed | $536,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — South Nashville, Nashville, TN
As of July '25, Rentcast reports the average rent in South Nashville, Nashville, TN is $2,260, with a year-over-year rent change of -10.3%. Per bedroom, the median rent as of July '25 in South Nashville, Nashville, TN is studios: $1,560, 1-bedrooms: $1,240, 2-bedrooms: $1,780, 3-bedrooms: $2,860, 4-bedrooms: $3,120. The most common rental property sizes in South Nashville, Nashville, TN are 2-bedroom and 1-bedroom, accounting for 40.2% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,260 |
| Studio Rent | $1,580 | $1,560 |
| 1 Bed Rent | $1,150 | $1,240 |
| 2 Bed Rent | $1,550 | $1,780 |
| 3 Bed Rent | $2,850 | $2,860 |
| 4 Bed Rent | $3,500 | $3,120 |
% of Rental Stock
Property Listings — South Nashville, Nashville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in South Nashville, Nashville, TN is 87. This is a increase of 40.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $541,000 | 2.0% |
Listing Count | 113 | 6.0% |
| Listings as % of Homes | 0.7% | 6.0% |
Days on Market | 87 | 40.0% |
Demographics — South Nashville, Nashville, TN
As of the latest ACS Survey released in 2023, South Nashville, Nashville, TN has a population of 17,100, which has decreased by -4.6% over the past 5 years. South Nashville, Nashville, TN is a moderately popular place for families, as children make up 16.8% of the population. The area has a moderately educated workforce, with 31.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,100 | -4.6% |
% Under 18 | 16.8% | -31.7% |
% Seniors | 11.7% | 37.6% |
% WFH | 15.5% | 269.0% |
% w/ College Degree | 31.8% | 26.7% |
As of the latest ACS Survey released in 2023, South Nashville, Nashville, TN is a predominantly white area, with 40.0% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in South Nashville, Nashville, TN is black, making up 33.8% of the population. Foreign-born residents account for 14.7% of the population in South Nashville, Nashville, TN, and this percentage has decreased by 16.5% 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 | 40.0% | -2.9% |
% Black | 33.8% | 5.3% |
% Hispanic | 19.0% | -10.4% |
% Asian | 3.2% | -15.8% |
% Foreign Born | 14.7% | -16.5% |
Mortgage and Risk — South Nashville, Nashville, TN
According to HUD data as of 2023, there were 232 mortgage originations in South Nashville, Nashville, TN, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in South Nashville, Nashville, TN. Investor activity is low, as 9.0% 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 | 232 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 9.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — South Nashville, Nashville, TN
As of 2024, the percent of homes in South Nashville, Nashville, TN under the Section 8 program is 26.2%. 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 South Nashville, 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 | 1,612 |
Total Units Section 8 | 1,611 |
% Rentals under Section 8 | 26.2% |
% Occupied Section 8 | 89.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $1,150 | $1,490 |
| 2 Bedroom | $100 | $1,550 | $1,650 |
| 3 Bedroom | -$770 | $2,850 | $2,080 |
| 4 Bedroom | -$940 | $3,500 | $2,560 |
Affordability — South Nashville, Nashville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.6 |
| Median Home Price | $365,000 |
| Median Household Income | $43,300 |