Green Hills, Nashville, TN—37215
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Green Hills, Nashville, TN
As of Oct '25, the median home price in Green Hills, Nashville, TN is $1,170,000, with a year-over-year change of 3.4%. This indicates that home prices in Green Hills, Nashville, TN are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,170,000 | 3.4% |
| Single Family | $1,380,000 | 3.8% |
| Condos | $396,000 | -1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $224,000 | -5.5% |
2 Bed | $408,000 | -2.2% |
3 Bed | $973,000 | 3.6% |
4 Bed | $1,498,000 | 3.6% |
| 5 Bed | $2,396,000 | 5.1% |
% of Housing Stock
Rental Trends — Green Hills, Nashville, TN
As of July '25, Rentcast reports the average rent in Green Hills, Nashville, TN is $3,690, with a year-over-year rent change of 12.8%. Per bedroom, the median rent as of July '25 in Green Hills, Nashville, TN is studios: $1,660, 1-bedrooms: $1,580, 2-bedrooms: $2,190, 3-bedrooms: $4,560, 4-bedrooms: $6,960. The most common rental property sizes in Green Hills, Nashville, TN are 2-bedroom and 1-bedroom, accounting for 48.3% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $3,690 |
| Studio Rent | $1,520 | $1,660 |
| 1 Bed Rent | $1,500 | $1,580 |
| 2 Bed Rent | $2,200 | $2,190 |
| 3 Bed Rent | $3,950 | $4,560 |
| 4 Bed Rent | $6,750 | $6,960 |
% of Rental Stock
Property Listings — Green Hills, Nashville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Green Hills, Nashville, TN is 76. This is a increase of 5.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,690,000 | 0.0% |
Listing Count | 240 | 17.0% |
| Listings as % of Homes | 0.9% | 17.0% |
Days on Market | 76 | 5.0% |
Demographics — Green Hills, Nashville, TN
As of the latest ACS Survey released in 2023, Green Hills, Nashville, TN has a population of 22,200, which has remained stable by -1.0% over the past 5 years. Green Hills, Nashville, TN is a moderately popular place for families, as children make up 18.4% of the population. The area has a highly educated workforce, with 80.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 25.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,200 | -1.0% |
% Under 18 | 18.4% | -4.7% |
% Seniors | 23.4% | 7.3% |
% WFH | 25.0% | 133.6% |
% w/ College Degree | 80.6% | 1.5% |
As of the latest ACS Survey released in 2023, Green Hills, Nashville, TN is a predominantly white area, with 84.0% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Green Hills, Nashville, TN is asian, making up 5.2% of the population. Foreign-born residents account for 8.8% of the population in Green Hills, Nashville, TN, and this percentage has increased by 72.5% 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 | 84.0% | -5.4% |
% Black | 3.0% | -11.8% |
% Hispanic | 2.6% | 18.2% |
% Asian | 5.2% | 36.8% |
% Foreign Born | 8.8% | 72.5% |
Mortgage and Risk — Green Hills, Nashville, TN
According to HUD data as of 2023, there were 568 mortgage originations in Green Hills, Nashville, TN, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Green Hills, Nashville, TN. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 568 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Green Hills, Nashville, TN
As of 2024, the percent of homes in Green Hills, Nashville, TN under the Section 8 program is 0.2%. 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 Green Hills, 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 | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $660 | $1,500 | $2,160 |
| 2 Bedroom | $190 | $2,200 | $2,390 |
| 3 Bedroom | -$930 | $3,950 | $3,020 |
| 4 Bedroom | -$3,030 | $6,750 | $3,720 |
Affordability — Green Hills, Nashville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $1,170,000 |
| Median Household Income | $151,000 |