Hillsboro Village, Nashville, TN—37212
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hillsboro Village, Nashville, TN
As of Oct '25, the median home price in Hillsboro Village, Nashville, TN is $765,000, with a year-over-year change of 0.5%. This indicates that home prices in Hillsboro Village, Nashville, TN are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $765,000 | 0.5% |
| Single Family | $973,000 | 0.4% |
| Condos | $375,000 | -5.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $272,000 | -7.8% |
2 Bed | $491,000 | -3.9% |
3 Bed | $885,000 | 0.6% |
4 Bed | $1,182,000 | -0.2% |
| 5 Bed | $1,756,000 | 3.1% |
% of Housing Stock
Rental Trends — Hillsboro Village, Nashville, TN
As of July '25, Rentcast reports the average rent in Hillsboro Village, Nashville, TN is $3,010, with a year-over-year rent change of -2.9%. Per bedroom, the median rent as of July '25 in Hillsboro Village, Nashville, TN is studios: $1,420, 1-bedrooms: $1,670, 2-bedrooms: $2,640, 3-bedrooms: $3,610, 4-bedrooms: $5,440. The most common rental property sizes in Hillsboro Village, Nashville, TN are 1-bedroom and 2-bedroom, accounting for 45.3% and 34.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $3,010 |
| Studio Rent | $1,150 | $1,420 |
| 1 Bed Rent | $1,550 | $1,670 |
| 2 Bed Rent | $2,250 | $2,640 |
| 3 Bed Rent | $3,500 | $3,610 |
| 4 Bed Rent | $4,800 | $5,440 |
% of Rental Stock
Property Listings — Hillsboro Village, Nashville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Hillsboro Village, Nashville, TN is 70. This is a increase of 14.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $881,000 | 0.0% |
Listing Count | 167 | 26.0% |
| Listings as % of Homes | 0.6% | 26.0% |
Days on Market | 70 | 14.0% |
Demographics — Hillsboro Village, Nashville, TN
As of the latest ACS Survey released in 2023, Hillsboro Village, Nashville, TN has a population of 20,000, which has decreased by -4.7% over the past 5 years. Hillsboro Village, Nashville, TN is a less popular place for families, as children make up 9.3% of the population. The area has a highly educated workforce, with 77.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,000 | -4.7% |
% Under 18 | 9.3% | -22.5% |
% Seniors | 7.6% | 13.4% |
% WFH | 28.8% | 213.0% |
% w/ College Degree | 77.5% | 13.3% |
As of the latest ACS Survey released in 2023, Hillsboro Village, Nashville, TN is a predominantly white area, with 71.2% of the population identifying as white. The white population has grown by 0.1% in the last 5 years. The second most common race or ethnicity in Hillsboro Village, Nashville, TN is black, making up 11.6% of the population. Foreign-born residents account for 10.1% of the population in Hillsboro Village, Nashville, TN, and this percentage has increased by 18.8% 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 | 71.2% | 0.1% |
% Black | 11.6% | -22.7% |
% Hispanic | 4.0% | 2.6% |
% Asian | 9.3% | 24.0% |
% Foreign Born | 10.1% | 18.8% |
Mortgage and Risk — Hillsboro Village, Nashville, TN
According to HUD data as of 2023, there were 244 mortgage originations in Hillsboro Village, Nashville, TN, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Hillsboro Village, Nashville, TN. Investor activity is low, as 7.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 244 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 7.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Hillsboro Village, Nashville, TN
As of 2024, the percent of homes in Hillsboro Village, Nashville, TN under the Section 8 program is 5.3%. 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 units appear to be good home sizes to consider for Section 8 housing in Hillsboro Village, Nashville, TN, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 194 |
Total Units Section 8 | 193 |
% Rentals under Section 8 | 5.3% |
% Occupied Section 8 | 84.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $1,550 | $1,740 |
| 2 Bedroom | -$320 | $2,250 | $1,930 |
| 3 Bedroom | -$1,060 | $3,500 | $2,440 |
| 4 Bedroom | -$1,800 | $4,800 | $3,000 |
Affordability — Hillsboro Village, Nashville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.7 |
| Median Home Price | $765,000 |
| Median Household Income | $86,500 |