Rising Home Values in Nashville Suburbs

Lee

February 2020

A recent article from The Tennessean indicates that not only is Nashville growing at an unprecedented rate, surrounding suburbs are also experiencing tremendous growth. Sumner County, to the northeast of Nashville, and also home to Omni’s offices, saw an increase in 2019 of more than $22,000 for single-family home values based on information provided by Greater Nashville Realtors. The median price for a single family home sold in Sumner County in 2019 was $289,000. The number of higher value ($500,000 to $1 million) single-family home sales in Sumner also increased by approximately 75 percent, from 2018. The Nashville area continues its upwards trajectory in real estate. To learn more about how Omni can help you with Nashville or surrounding area real estate investing, or property management, click HERE.