Nashville pairs top-tier population and job growth, including one of the lowest unemployment rates among the 50+ largest U.S. metros.
Closing faster, at higher prices, as new supply falls 27%.
Realtracs MLS · Single Family · Nashville, TN
Up +14.8% in two years; ≈+42% since Jun 2021 (≈$665K).
Metro vs. U.S. · +136,000 net new residents
U.S. Census · Davidson = fastest-growing TN county
No single-industry dependence: healthcare and government provide recession ballast; tech and finance relocations deepen the high-income renter and buyer pool.
| Market | Median Sale Price | YoY | $/Sq Ft | Growth Signal |
|---|---|---|---|---|
| ★ Nashville, TN | $475,000 | +0.5% | $276 | #2 job growth; #2 luxury demand |
| Austin, TX | $542,000 | −2.3% | $320 | Slowest major market |
| Dallas, TX | $499,000 | +9.8% | — | Steady expansion |
| Phoenix, AZ | $464,000 | +0.9% | $279 | #2 most-searched destination |
| Las Vegas, NV | $450,000 | −0.1% | — | +2.1% jobs (top 3) |
| Tampa, FL | $443,000 | −1.4% | $298 | Luxury-led |
| Raleigh, NC | $437,000* | −2.2% | — | +2.2% jobs (#1) |
| Charlotte, NC | $435,000 | +2.3% | $246 | #1 metro job growth |
| Orlando, FL | $410,000 | −2.0% | $254 | #1 most-searched destination |
| Jacksonville, FL | $300,000 | −0.1% | — | Logistics/healthcare-led |
| United States | $398,771 | +2.0% | — | National reference |
*Raleigh: Zillow home value. Nashville's SF-only MLS median ($660K) runs higher as it excludes condos/townhomes. TN is a top-5 move-to state; Nashville is #2 nationwide in luxury pending-sales growth (+24.5% YoY).
Nashville held (+0.5%) while Austin fell 2.3% as the nation's slowest market. The Sun Belt boom, softer landing.
Sellers outnumber buyers ~2:1 — concessions, buydowns, below-list deals in a top-5 in-migration market.
#2 for job growth + income, ~2.5% unemployment, zero state income tax — a deepening renter and buyer pool.
New listings down 27% YoY, supply falling. When supply thins as absorption rises, the window narrows.
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Get the NewsletterBook a Strategy CallSources: Realtracs MLS (Jun 2026) · Redfin (May 2026) · Zillow · U.S. BLS · U.S. Census · Checkr 2025. Informational only; not investment, legal, or tax advice. Past performance doesn't guarantee future results. Andreas Mueller · KW Music City Realty · TN Lic. #258331 · Equal Housing Opportunity.