Davidson County, TN

Description

Why Build in Davidson County?

 

Strong Housing Market with Increasing Demand

Davidson County continues to experience steady growth, fueled by Nashville’s booming economy and cultural appeal. The county’s population has steadily increased as new residents and businesses are drawn to its blooming job market and quality of life. Alongside this growth, the median household income continues to rise, reflecting a strong and stable local economy that supports new residential developments.

The real estate market in this county remains competitive, with the median home price reaching $442,500 in May 2024. This marks a slight 0.3% increase from the previous year, indicating a resilient housing market. Homes are selling in an average of 44 days, underscoring sustained buyer demand despite limited inventory. These conditions create an excellent opportunity for builders to introduce new residential projects and meet the county’s growing housing needs.

Secure Neighborhoods and Community Appeal

Davidson County is home to some of Tennessee’s highest-rated schools, making it a prime location for families. The county’s commitment to educational excellence further enhances its desirability for homebuyers seeking long-term stability and community investment.

Safety is a key factor contributing to Davidson County’s appeal. The county’s violent crime rate remains below the national average, providing a secure environment for families and professionals alike. With well-planned neighborhoods, strong community engagement, and ongoing public safety initiatives, Davidson County offers a high quality of life for residents looking to invest in a welcoming community.

Population
729,505
Median Income
$71,863
Median Home Price
$470,000
Housing Affordability Index
115

Median Home Value

Block

$285,096

Tract

$428,529

Zip

$401,449

Price Appreciation Since 2011

Tract

N/A

Zip

4.16X

County

2.65X

County Schools

Lockeland Elementary School: 10/10

Martin Luther King Jr. Academic Magnet High School: 10/10

Hume-Fogg Academic Magnet High School: 10/10

Median Income

County

$68,005

State

$61,449

National

$72,603

Forecasted Income Growth

Tract

2.19%

Zip

9.57%

Crime

Overall Crime Index: 4.99X

Property Crime Index: 4.92X

Personal Crime Index: 4.54X

Median Home Value

Block

$285,096

Tract

$428,529

Zip

$401,449

Price Appreciation Since 2011

Tract

N/A

Zip

4.16X

County

2.65X

Median Income

County

$68,005

State

$61,449

National

$72,603

Forecasted Income Growth

Tract

2.19%

Zip

9.57%

County Schools

Lockeland Elementary School: 10/10

Martin Luther King Jr. Academic Magnet High School: 10/10

Hume-Fogg Academic Magnet High School: 10/10

Crime

Overall Crime Index: 4.99X

Property Crime Index: 4.92X

Personal Crime Index: 4.54X