Nolensville, TN—37135
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nolensville, TN
As of Nov '25, the median home price in Nolensville, TN is $801,000, with a year-over-year change of 0.9%. This indicates that home prices in Nolensville, TN are flat. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $801,000 | 0.9% |
| Single Family | $812,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $561,000 | 0.0% |
4 Bed | $860,000 | 1.1% |
| 5 Bed | $1,070,434 | 0.7% |
% of Housing Stock
Rental Trends — Nolensville, TN
As of July '25, Rentcast reports the average rent in Nolensville, TN is $3,080, with a year-over-year rent change of -1.6%. Per bedroom, the median rent as of July '25 in Nolensville, TN is 1-bedrooms: $950, 2-bedrooms: $2,030, 3-bedrooms: $2,750, 4-bedrooms: $3,560. The most common rental property sizes in Nolensville, TN are 3-bedroom and 2-bedroom, accounting for 50.6% and 23.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,850 | $3,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $950 |
| 2 Bed Rent | $2,000 | $2,030 |
| 3 Bed Rent | $2,750 | $2,750 |
| 4 Bed Rent | $3,300 | $3,560 |
% of Rental Stock
Property Listings — Nolensville, TN
As of Nov '25, Realtor.com reports that the median days on market for a home in Nolensville, TN is 52. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $755,000 | 1.0% |
Listing Count | 239 | 19.0% |
| Listings as % of Homes | 1.6% | 19.0% |
Days on Market | 52 | -1.0% |
Demographics — Nolensville, TN
As of the latest ACS Survey released in 2023, Nolensville, TN has a population of 23,200, which has increased by 87.6% over the past 5 years. Nolensville, TN is a popular place for families, as children make up 26.8% of the population. The area has a highly educated workforce, with 65.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,200 | 87.6% |
% Under 18 | 26.8% | -14.1% |
% Seniors | 11.6% | 23.4% |
% WFH | 31.0% | 171.9% |
% w/ College Degree | 65.8% | 8.8% |
As of the latest ACS Survey released in 2023, Nolensville, TN is a predominantly white area, with 80.9% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Nolensville, TN is hispanic, making up 5.9% of the population. Foreign-born residents account for 16.5% of the population in Nolensville, TN, and this percentage has increased by 175.0% 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 | 80.9% | 1.5% |
% Black | 4.2% | -57.6% |
% Hispanic | 5.9% | 73.5% |
% Asian | 4.6% | 4.5% |
% Foreign Born | 16.5% | 175.0% |
Mortgage and Risk — Nolensville, TN
According to HUD data as of 2023, there were 955 mortgage originations in Nolensville, TN, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Nolensville, TN. Investor activity is low, as 0.0% 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 | 955 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Rentals and Section 8 — Nolensville, TN
As of 2024, the percent of homes in Nolensville, 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. In Nolensville, 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 | 2 |
Total Units Section 8 | 2 |
% 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 | $1,520 | $950 | $2,470 |
| 2 Bedroom | $740 | $2,000 | $2,740 |
| 3 Bedroom | $710 | $2,750 | $3,460 |
| 4 Bedroom | $960 | $3,300 | $4,260 |
Affordability — Nolensville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $801,000 |
| Median Household Income | $146,000 |