Nashville, TN Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

What does the average realtor make in Nashville, TN? ›

As of Aug 13, 2024, the average annual pay for a Real Estate Agent in Nashville is $77,318 a year.

Nashville, TN housing market

The median listing home price in Nashville, TN was $574.5K in June 2024, trending down -2.6% year-over-year. The median listing home price per square foot was $319. The median home sold price was $479K.

Realtor.com heavily relies on MLS data and public records, whereas Zillow integrates user-submitted information and broader market trends. Each platform may also interpret local market conditions differently, resulting in varying property value estimates.

Considering moving to Nashville? As one of the friendliest cities in the U.S., Music City is a great Southern city to call home, thanks to its live music scene, delicious hot chicken, budding healthcare industry, and diverse culture.

Entry Level Real Estate Agent Salary in Tennessee. $54,500 is the 25th percentile. Salaries below this are outliers. $90,800 is the 75th percentile.

According to GlassDoor, the top five states with the highest real estate broker salaries are New York, California, Nevada, Iowa, and Arizona. Commissions can vary based on city, market, property type, sales volume, and experience levels.

The momentum from the spring selling season typically carries over into the summer months in Nashville. June through August can still offer favorable conditions for selling your house, especially for properties with desirable outdoor features like gardens, patios, or pools.

Investment Opportunities in 2024

For those looking to invest, Nashville's real estate market in 2024 presents several lucrative opportunities. The steady appreciation of home values, coupled with a strong demand for housing, positions Nashville as a prime spot for real estate investments.

Zillow casts a wider net, attracting more leads through pay-per-impression advertising while potentially sacrificing quality with its inclusion of unverified FSBO listings. Realtor.com boasts higher quality leads through targeted paid programs for pre-qualified buyers but demands higher per-lead costs.

How accurate is Zillow pricing? ›

How accurate is the Zestimate? The nationwide median error rate for the Zestimate for on-market homes is 2.4%, while the Zestimate for off-market homes has a median error rate of 7.49%. The Zestimate's accuracy depends on the availability of data in a home's area.

Green Hills

You bet! Offering a vibrant community and a trio of fantastic universities (Vanderbilt, Belmont, and Lipscomb), Green Hills is a neighborhood where urbanity meets safety. Its low crime index allows residents to enjoy the best of both worlds in this thriving part of Nashville.

The average rent for a one-bedroom apartment in Nashville is currently $1,714. If you want to live comfortably and afford your rent, you should earn at least $68,560 a year, $5,713 a month, or around $32.96 per hour. Of course, that figure should serve as a baseline.

The pleasant climate in Davidson County and throughout Middle Tennessee makes the region an ideal choice for retirees seeking comfortable weather year-round. With an average annual temperature of 70°F, Nashville offers a mild climate that caters to retirees looking for a place with great weather.

Known as Music City, Nashville offers more than just tunes; it's a hub of job creation, innovation, and real estate opportunities that beckon investors far and wide. With its economy on the upswing and a real estate market teeming with potential, Nashville stands out as a prime location for investment property.

The good news is that Tennessee real estate professionals earn comparable—if not higher—salaries than in many other states. Learn more below about earning potential as a first-time real estate agent or an experienced agent considering moving to the Volunteer State.

If you want to become a real estate agent in Tennessee, the process is very simple, compared to many other states in the US. Your legal title will be “affiliate broker” and you'll just have to complete 90 hours of pre-licensing courses, pass the state exam, and select a brokerage to work with.