Nashville Rated as One of America’s Best Places to Buy a Home

by Jon Styf


Nashville was rated as the fifth-best real estate market in the country in a new report from WalletHub.

The finance website rated the country’s top 300 cities based upon 17 factors to gauge the current environment based upon everything from building permits to property appreciation to affordability.

Nashville’s current market was ranked fifth but its affordability was ranked 77th. Murfreesboro, meanwhile, ranked 13th overall with the 17th best market for real estate and ranking eighth for affordability.

Knoxville was 97th and Memphis was ranked 220th on the list.

Overall, the national real estate market is slowing as home sales dropped 19.3% year over year in July, according to Redfin. Meanwhile, the pace of increasing home prices has slowed to 7.7% after two years of double digit percentage increases.

“Nashville, where 32.3% of homes for sale had price drops, represents the typical metro area in July: Half the metros in this analysis had a higher share of price drops, and half had a lower share of price drops,” Redfin’s report said.

Knoxville, meanwhile, saw 28.3% of its homes drop in price while Memphis had 28.0% drop its price.

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Jon Styf is an award-winning editor and reporter who has worked in Illinois, Texas, Wisconsin, Florida and Michigan in local newsrooms over the past 20 years, working for Shaw Media, Hearst and several other companies. Styf is a reporter for The Center Square. 




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5 Thoughts to “Nashville Rated as One of America’s Best Places to Buy a Home”

  1. Cannoneer2

    What crackhead came to THIS conclusion???

  2. Carolyn

    Why would You Ever put those two things on the importance list for someone moving to Nashville. I lived most of my life in Orange County CA and before I left there I always had a loaded shotgun loaded and ready to cock it hoping the person trying to break In would hear it and leave. I don’t feel that way here in the Nashville area. Maybe if I lived in Memphis TN I would feel that way for sure.

    1. 83ragtop50

      I included those “must buy” items because of the rampant crime in Nashville/Davidson County. Just watch the early morning news.

  3. william delzell

    Really? I thought Nashville was one of the most expensive places in the nation to buy a house, as I do that when I lived here over thirty years ago, Nashville was already more expensive than Springfield/Holyoke, Massachusetts.

  4. 83ragtop50

    Be sure to add security locks and a defensive handgun to the list of necessary items when you move in to your new Nashville home.