Nashville Real Estate

Written by Shirley Parker
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Nashville Real Estate brings many different thoughts to mind. When someone hears the name Nashville, their first simultaneous thoughts are often music and Tennessee, rather than real estate. Yet the more than half million people who live in Nashville itself obviously require housing in many different price ranges.

Nashville is situated amid green meadows, rolling hills, and forests. Nashville real estate includes newer, planned communities with pools and clubhouses, along with historic neighborhoods, ranch-style communities, horse farms, apartments, and condominiums. Riverfront apartments for lease along the Cumberland are in demand, and lakefront properties beckon, a little further out.

Nashville's economy throughout the eight counties that comprise the Nashville Metropolitan Statistical Area (MSA) encompasses more than its world famous music. It is a reflection of the many industries that make up the entire country, including high tech, telephone, agricultural, and automotive, and outstanding Vanderbilt University that includes a distinguished medical center. Some other acclaimed higher education institutions located in Middle Tennessee are Middle Tennessee State University, Fisk University, Tennessee State University, Meharry Medical College, and David Lipscomb University.

Families Searching for Nashville Real Estate

The MSA population total is approximately one and a quarter million people, with somewhat more people moving in than out. This keeps desirable Nashville real estate very alive and active. With a higher percentage of young people in Nashville, homes large enough for families are in demand and available.

Family housing ranges from homes in the revitalized downtown neighborhoods of Davidson County or Metropolitan Nashville to the neighborhoods near Vanderbilt University where houses are being remodeled and thus selling quickly. Middle and upper income housing developments range from those built in the 30s, 40s, and 50s, which have been well maintained over the years, to large suburban communities with newer, stricter zoning laws.

Many people who work in Nashville choose to live in Williamson County. Per capita income there is perhaps the highest in the state, but a main attraction for families with children is the top-notch public school system in the Brentwood area. The lakes in Wilson and Sumner counties of the MSA expand the scope of Nashville real estate to include doorstep access to outdoor living, when water sports are a family's love.

Nashville Real Estate Accommodates Any Budget

Attractive housing to fit any budget is almost always within reach in Nashville. While per capita income tends to fall below that in other areas, housing costs are lower than those in many regions, including the Midwest, Southwest, Mountain States, and Florida. Additionally, both rental costs and mortgage payments in the Nashville area are dramatically lower than those being paid by residents of New York City, Boston, San Francisco, Los Angeles, and San Diego.

Seniors are not shut out of Nashville real estate. Whether they prefer seniors-only living or prefer to be around middle-aged and young people, accommodations are available. Some examples include apartments, garden villas, skilled nursing units, and assisted living units already in existence and under construction. With more than 65 agents and brokers in Nashville, real estate professionals can help seniors find what they want. The Council on Aging of Greater Nashville also provides additional information on services for seniors.

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