Current Real Estate Market Trends:

Average price per square foot for Nashville TN was $122, an increase of 14% compared to the same period last year. The median sales price for homes in Nashville TN for Feb 10 to Apr 10 was $145,000 based on 1,432 home sales. Compared to the same period one year ago, the median home sales price increased 3.6%, or $5,000, and the number of home sales increased 1%.

The average listing price for homes for sale in Nashville TN was $305,310 for the week ending May 12, which represents an increase of 0.4%, or $1,302, compared to the prior week. Popular neighborhoods in Nashville include West Meade and Hillsboro West End, with average listing prices of $466,673 and $326,055.

History of Nashville:

The state capital and second-largest city in Tennessee and is located in the north-central part of the state on the Cumberland River. It is coextensive with Davidson County.

During the winter of 1779–1780, James Robertson and John Donelson founded a settlement at Big Salt Lick by the Cumberland River at the present site of the city. They built forts on both sides of the river, naming one of them Fort Nashborough in honor of Francis Nash, a Revolutionary War general. In 1784, the town was named Nashville, and it was incorporated as a city in 1806.

Nashville became the capital of Tennessee in 1843 and was the seat of Davidson County until 1963, when it merged with the county to become Nashville-Davidson.

The city is a port of entry and an important industrial and commercial center serving the Upper South. Its economy is based on a number of industries, including automobiles, apparel, publishing, insurance, and banking. Health care services are the largest sector, but Nashville is best known for its music industry. It is a major recording center, especially for country music and is home to the Grand Ole Opry.

Nashville is home to several religious organizations and is a major tourist attraction and convention center. Its many institutions of higher education include Vanderbilt University, Fisk University, and the Tennessee State University.

Nashville Chamber of Commerce