Nashville home prices (US$/m²): returns since 2013
Nashville home prices, measured as the typical value per square meter (data: Redfin). This is the value of the property itself — bricks and mortar — not an investor's total return.
It excludes rent received and all costs (closing, property taxes, maintenance, vacancy). Compare it against U.S. inflation (CPI) and the S&P 500 below to see whether Nashville real estate kept up.
Nashville is Tennessee's capital and the economic anchor of a fast-growing Southeast region built on healthcare administration, music, tourism and finance back-office work. It was among the Sun Belt metros that surged after 2020 as companies and residents moved in from higher-cost states, then saw the heat come off as borrowing costs climbed. Tennessee levies no broad state income tax, which has long been part of the relocation pitch. Prices sit in the affordable-to-mid tier relative to the coasts, though the boom narrowed that gap and the metro now reads as pricier than much of the surrounding region.
Cumulative return by window (in U.S. dollars)
| Window | Cumulative |
|---|---|
| 1 year | -2% |
| 5 years | 17% |
| 10 years | 97% |
Largest historical drop: -9% · annual volatility: 10% . Typical home price per m² (Redfin). Excludes rent received, closing costs, property taxes, maintenance and vacancy — the value of the property itself, not the investor's total return.
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Descriptive, educational content computed from official public data. Not investment advice. Past performance does not guarantee future results.