Donelson, Nashville, TN—37214
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Donelson, Nashville, TN
As of Oct '25, the median home price in Donelson, Nashville, TN is $366,000, with a year-over-year change of -0.9%. This indicates that home prices in Donelson, 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 | $366,000 | -0.9% |
| Single Family | $378,000 | -1.3% |
| Condos | $249,000 | -1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $201,000 | -3.8% |
2 Bed | $279,000 | -1.8% |
3 Bed | $384,000 | -1.3% |
4 Bed | $494,000 | -0.8% |
| 5 Bed | $599,000 | -0.2% |
% of Housing Stock
Rental Trends — Donelson, Nashville, TN
As of July '25, Rentcast reports the average rent in Donelson, Nashville, TN is $2,120, with a year-over-year rent change of 2.4%. Per bedroom, the median rent as of July '25 in Donelson, Nashville, TN is studios: $1,270, 1-bedrooms: $1,250, 2-bedrooms: $1,770, 3-bedrooms: $2,320, 4-bedrooms: $2,880. The most common rental property sizes in Donelson, Nashville, TN are 2-bedroom and 1-bedroom, accounting for 49.0% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,120 |
| Studio Rent | $1,250 | $1,270 |
| 1 Bed Rent | $1,160 | $1,250 |
| 2 Bed Rent | $1,750 | $1,770 |
| 3 Bed Rent | $2,260 | $2,320 |
| 4 Bed Rent | $2,800 | $2,880 |
% of Rental Stock
Property Listings — Donelson, Nashville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Donelson, Nashville, TN is 55. This is a increase of 12.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $416,000 | 0.0% |
Listing Count | 193 | 31.0% |
| Listings as % of Homes | 0.5% | 31.0% |
Days on Market | 55 | 12.0% |
Demographics — Donelson, Nashville, TN
As of the latest ACS Survey released in 2023, Donelson, Nashville, TN has a population of 30,500, which has increased by 1.3% over the past 5 years. Donelson, Nashville, TN is a moderately popular place for families, as children make up 17.2% of the population. The area has a highly educated workforce, with 45.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,500 | 1.3% |
% Under 18 | 17.2% | -7.5% |
% Seniors | 14.0% | 6.9% |
% WFH | 18.2% | 193.5% |
% w/ College Degree | 45.7% | 20.3% |
As of the latest ACS Survey released in 2023, Donelson, Nashville, TN is a predominantly white area, with 64.5% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Donelson, Nashville, TN is black, making up 18.1% of the population. Foreign-born residents account for 10.0% of the population in Donelson, Nashville, TN, and this percentage has increased by 23.5% 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 | 64.5% | -8.3% |
% Black | 18.1% | -7.7% |
% Hispanic | 9.6% | 71.4% |
% Asian | 3.4% | 78.9% |
% Foreign Born | 10.0% | 23.5% |
Mortgage and Risk — Donelson, Nashville, TN
According to HUD data as of 2023, there were 442 mortgage originations in Donelson, Nashville, TN, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Donelson, Nashville, TN. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 442 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Donelson, Nashville, TN
As of 2024, the percent of homes in Donelson, Nashville, TN under the Section 8 program is 3.0%. 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. In Donelson, Nashville, TN, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 260 |
Total Units Section 8 | 171 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $690 | $1,160 | $1,850 |
| 2 Bedroom | $300 | $1,750 | $2,050 |
| 3 Bedroom | $330 | $2,260 | $2,590 |
| 4 Bedroom | $390 | $2,800 | $3,190 |
Affordability — Donelson, Nashville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $366,000 |
| Median Household Income | $72,000 |