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  5. /Hendersonville Area, Nashville, TN - 37189

Hendersonville Area, Nashville, TN—37189

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$400,000
1.9% YoY Growth
Household Income
$93,600
43.5% YoY Growth
Days on Market
55
53.0% Shorter YoY
Home Price Forecast
-0.1%
Median Rent
$950
47.3% YoY Growth
1-Bed Rent
$900
N/A
2-Bed Rent
$1,200
25.0% YoY Growth
3-Bed Rent
$2,300
8.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Hendersonville Area, Nashville, TN

As of May '26, the median home price in Hendersonville Area, Nashville, TN is $400,000, with a year-over-year change of -1.9%. This indicates that home prices in Hendersonville Area, Nashville, TN are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$400,000-1.9%
Single Family $401,000-2.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$314,000-2.2%
    3 Bed
    		$380,000-2.1%
    4 Bed
    		$518,000-2.4%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    4.1%
    2 Bedrooms
    14.1%
    3 Bedrooms
    53.6%
    4 Bedrooms
    22.1%
    5+ Bedrooms
    6.0%

    Rental Trends — Hendersonville Area, Nashville, TN

    As of July '25, Rentcast reports the average rent in Hendersonville Area, Nashville, TN is $1,250, with a year-over-year rent change of -47.3%. Per bedroom, the median rent as of July '25 in Hendersonville Area, Nashville, TN is 1-bedrooms: $917, 2-bedrooms: $1,200, 3-bedrooms: $2,300. The most common rental property sizes in Hendersonville Area, Nashville, TN are 3-bedroom and 2-bedroom, accounting for 39.4% and 30.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$950$1,250
    Studio Rent N/AN/A
    1 Bed Rent $900$917
    2 Bed Rent $1,200$1,200
    3 Bed Rent $2,300$2,300
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    1 Bedroom
    29.8%
    2 Bedrooms
    30.7%
    3 Bedrooms
    39.4%

    Property Listings — Hendersonville Area, Nashville, TN

    As of May '26, Realtor.com reports that the median days on market for a home in Hendersonville Area, Nashville, TN is 55. This is a decrease of -53.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 42.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$527,000-21.0%
    Listing Count
    		1910.0%
    Listings as % of Homes0.4%10.0%
    Days on Market
    		55-53.0%
    Loading chart...

    Demographics — Hendersonville Area, Nashville, TN

    As of the latest ACS Survey released in 2023, Hendersonville Area, Nashville, TN has a population of 3,590, which has decreased by -5.5% over the past 5 years. Hendersonville Area, Nashville, TN is a moderately popular place for families, as children make up 17.9% of the population. The area has a moderately educated workforce, with 43.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,590-5.5%
    % Under 18
    		17.9%-13.9%
    % Seniors
    		18.5%15.6%
    % WFH
    		23.2%364.0%
    % w/ College Degree
    		43.9%41.2%
    Loading chart...

    As of the latest ACS Survey released in 2023, Hendersonville Area, Nashville, TN is a predominantly white area, with 50.5% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Hendersonville Area, Nashville, TN is black, making up 44.9% of the population. Foreign-born residents account for 1.7% of the population in Hendersonville Area, Nashville, TN, and this percentage has decreased by 34.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		50.5%-4.4%
    % Black
    		44.9%8.7%
    % Hispanic
    		2.3%-52.1%
    % Asian
    		0.3%-25.0%
    % Foreign Born
    		1.7%-34.6%
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    Mortgage and Risk — Hendersonville Area, Nashville, TN

    Hendersonville Area, Nashville, TN lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
    Loading chart...
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    Rentals and Section 8 — Hendersonville Area, Nashville, TN

    Hendersonville Area, Nashville, TN lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		44
    Total Units Section 8
    		44
    % Rentals under Section 8
    		19.7%
    % Occupied Section 8
    		85.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$520$900$1,420
    2 Bedroom$370$1,200$1,570
    3 Bedroom-$320$2,300$1,980
    4 BedroomN/AN/A$2,440

    Affordability — Hendersonville Area, Nashville, TN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.3
    Median Home Price$400,000
    Median Household Income$93,600

    Hendersonville Area, Nashville, TN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Haynes Area, Nashville, TN

    37207

    Metrocenter / North Roads Park, TN

    37228

    Bordeaux, Nashville, TN

    37218

    Murfreesboro South, Nashville, TN

    37080

    Germantown, Nashville, TN

    37208

    Frequently Asked Questions