Belle Meade, Nashville, TN—37205
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Belle Meade, Nashville, TN
As of Oct '25, the median home price in Belle Meade, Nashville, TN is $1,023,000, with a year-over-year change of 2.7%. This indicates that home prices in Belle Meade, Nashville, TN are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,023,000 | 2.7% |
| Single Family | $1,222,000 | 3.6% |
| Condos | $423,000 | -2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $274,000 | -5.8% |
2 Bed | $466,000 | -1.1% |
3 Bed | $846,000 | 1.8% |
4 Bed | $1,414,000 | 4.9% |
| 5 Bed | $2,624,000 | 5.7% |
% of Housing Stock
Rental Trends — Belle Meade, Nashville, TN
As of July '25, Rentcast reports the average rent in Belle Meade, Nashville, TN is $3,060, with a year-over-year rent change of -12.1%. Per bedroom, the median rent as of July '25 in Belle Meade, Nashville, TN is 1-bedrooms: $1,580, 2-bedrooms: $2,300, 3-bedrooms: $3,530, 4-bedrooms: $5,320. The most common rental property sizes in Belle Meade, Nashville, TN are 2-bedroom and 1-bedroom, accounting for 37.7% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $3,060 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,600 | $1,580 |
| 2 Bed Rent | $2,000 | $2,300 |
| 3 Bed Rent | $3,400 | $3,530 |
| 4 Bed Rent | $4,500 | $5,320 |
% of Rental Stock
Property Listings — Belle Meade, Nashville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Belle Meade, Nashville, TN is 79. This is a increase of 34.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,250,000 | 6.0% |
Listing Count | 243 | 23.0% |
| Listings as % of Homes | 0.9% | 23.0% |
Days on Market | 79 | 34.0% |
Demographics — Belle Meade, Nashville, TN
As of the latest ACS Survey released in 2023, Belle Meade, Nashville, TN has a population of 24,600, which has remained stable by -0.9% over the past 5 years. Belle Meade, Nashville, TN is a moderately popular place for families, as children make up 18.8% of the population. The area has a highly educated workforce, with 76.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,600 | -0.9% |
% Under 18 | 18.8% | 7.4% |
% Seniors | 28.0% | 24.4% |
% WFH | 22.9% | 182.7% |
% w/ College Degree | 76.5% | 3.7% |
As of the latest ACS Survey released in 2023, Belle Meade, Nashville, TN is a predominantly white area, with 89.4% of the population identifying as white. The white population has grown by 3.0% in the last 5 years. The second most common race or ethnicity in Belle Meade, Nashville, TN is hispanic, making up 3.0% of the population. Foreign-born residents account for 5.5% of the population in Belle Meade, Nashville, TN, and this percentage has decreased by 22.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.4% | 3.0% |
% Black | 2.5% | -58.3% |
% Hispanic | 3.0% | 3.4% |
% Asian | 1.4% | -44.0% |
% Foreign Born | 5.5% | -22.5% |
Mortgage and Risk — Belle Meade, Nashville, TN
According to HUD data as of 2023, there were 549 mortgage originations in Belle Meade, Nashville, TN, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Belle Meade, Nashville, TN. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 549 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Belle Meade, Nashville, TN
As of 2024, the percent of homes in Belle Meade, Nashville, TN under the Section 8 program is 6.0%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Belle Meade, 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 | 217 |
Total Units Section 8 | 217 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $550 | $1,600 | $2,150 |
| 2 Bedroom | $380 | $2,000 | $2,380 |
| 3 Bedroom | -$390 | $3,400 | $3,010 |
| 4 Bedroom | -$800 | $4,500 | $3,700 |
Affordability — Belle Meade, Nashville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $1,023,000 |
| Median Household Income | $133,000 |