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Nashville, Davidson, Murfreesboro, Franklin Metro Area Housing

 

As of 2010-2014, median price of a house in Nashville, Davidson, Murfreesboro, Franklin Area is $171,700, which is higher than the state average of $139,900 and is about the same as the national average of $175,700. The median year that a house in Nashville, Davidson, Murfreesboro, Franklin Area was built is 1985, which is newer than the median year for a house built in the state which is 1981 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 430,700 Owner Occupied Houses in Nashville, Davidson, Murfreesboro, Franklin Area, #184
Nashville, Davidson, Murfreesboro, Franklin Area
171,700 USD
Tennessee
139,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Nashville, Davidson, Murfreesboro, Franklin Area
4.19%
Tennessee
50.43%
U.S.
46.91%

*The Nashville, Davidson, Murfreesboro, Franklin Area median house price growth rate is since 2005-2009. The Tennessee and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Nashville, Davidson, Murfreesboro, Franklin AreaTennesseeU.S.
Total Housing Units715,164, see rank, 100%2,839,142132,741,033
Occupied Housing Units654,063, 91.46%, see rank87.61%87.55%
Owner Occupied430,700, 60.22%, see rank58.82%56.34%
Renter Occupied223,363, 31.23%, see rank28.79%31.21%
Vacant Housing Units61,101, 8.54%, see rank12.39%12.45%
For Rent15,342, 2.15%, see rank2.61%2.34%
For Sale Only8,671, 1.21%, see rank1.32%1.20%
Rented or Sold, Not Occupied6,581, 0.92%, see rank1.07%0.92%
For Seasonal, Recreational, or Occasional Use7,103, 0.99%, see rank2.44%3.97%
For Migrant Workers208, 0.03%, see rank0.02%0.03%
Other Vacant23,196, 3.24%, see rank4.93%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #114
Nashville, Davidson, Murfreesboro, Franklin AreaTennesseeU.S.
198519811976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Nashville, Davidson, Murfreesboro, Franklin Area%TennesseeU.S.
Owner-Occupied Units430,700100%1,669,95374,787,460
With a Mortgage302,61770.26%, see rank61.60%65.58%
Without a Mortgage128,08329.74%, see rank38.40%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Nashville, Davidson, Murfreesboro, Franklin Area
1,366 USD
Tennessee
1,197 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsNashville, Davidson, Murfreesboro, Franklin Area%TennesseeU.S.
$299 or Less5600.19%, see rank0.28%0.20%
$300 to $4994,2301.40%, see rank2.56%1.59%
$500 to $69913,2864.39%, see rank8.39%5.01%
$700 to $99949,16716.25%, see rank23.06%14.32%
$1,000 to $1,499110,79936.61%, see rank34.56%27.90%
$1,500 to $1,99963,89421.11%, see rank16.87%20.35%
$2,000 to $2,99943,22514.28%, see rank10.45%19.52%
$3,000 or More17,4565.77%, see rank3.83%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Nashville, Davidson, Murfreesboro, Franklin Area
22.90% of the Total Income
Tennessee
22.70% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Nashville, Davidson, Murfreesboro, Franklin Area%TennesseeU.S.
10% or Less17,5305.79%, see rank6.05%5.86%
10% to 20%102,79533.97%, see rank34.78%31.95%
20% to 30%89,34429.52%, see rank28.01%27.64%
30% to 40%41,83613.82%, see rank12.76%13.74%
40% or More49,85816.48%, see rank17.77%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Nashville, Davidson, Murfreesboro, Franklin Area
417 USD
Tennessee
359 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsNashville, Davidson, Murfreesboro, Franklin Area%TennesseeU.S.
$199 or Less7,0055.47%, see rank10.63%7.76%
$200 to $29920,33315.87%, see rank23.38%14.70%
$300 to $49958,29645.51%, see rank42.62%34.63%
$500 to $69926,42820.63%, see rank15.15%21.16%
$700 or More16,02112.51%, see rank8.22%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Nashville, Davidson, Murfreesboro, Franklin Area
10.60% of the Total Income
Tennessee
11.00% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Nashville, Davidson, Murfreesboro, Franklin Area%TennesseeU.S.
10% or Less60,41047.16%, see rank45.34%40.19%
10% to 20%39,39230.76%, see rank31.24%31.47%
20% to 30%13,08610.22%, see rank10.84%12.24%
30% to 40%5,8134.54%, see rank4.71%5.64%
40% or More8,1696.38%, see rank6.65%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Nashville, Davidson, Murfreesboro, Franklin AreaTennesseeU.S.
Total Housing Units715,164, 100%2,839,142132,741,033
1-unit, Detached471,855, 65.98%, see rank68.74%61.65%
1-unit, Attached37,831, 5.29%, see rank3.11%5.82%
2 Units23,983, 3.35%, see rank3.00%3.75%
3 or 4 Units19,048, 2.66%, see rank3.14%4.43%
5 to 9 Units34,747, 4.86%, see rank4.62%4.78%
10 or More Units88,665, 12.40%, see rank7.73%13.08%
Mobile Home, Boat, RV, Van, etc.39,035, 5.46%, see rank9.67%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Nashville, Davidson, Murfreesboro, Franklin AreaTennesseeU.S.
Total Housing Units715,164, 100%2,839,142132,741,033
1 Room7,821, 1.09%, see rank1.08%1.95%
2 Rooms11,170, 1.56%, see rank1.43%2.48%
3 Rooms52,018, 7.27%, see rank6.75%9.13%
4 Rooms112,336, 15.71%, see rank16.35%16.60%
5 Rooms143,887, 20.12%, see rank22.36%20.41%
6 Rooms131,026, 18.32%, see rank19.26%18.06%
7 Rooms94,718, 13.24%, see rank13.02%12.27%
8 Rooms66,993, 9.37%, see rank8.63%8.48%
9 Rooms or More95,195, 13.31%, see rank11.12%10.60%
Median Rooms5.70, see rank5.605.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Nashville, Davidson, Murfreesboro, Franklin AreaTennesseeU.S.
Total Housing Units715,164, 100%2,839,142132,741,033
No Bedroom8,532, 1.19%, see rank1.18%2.17%
1 Bedroom63,642, 8.90%, see rank7.78%11.16%
2 Bedrooms180,075, 25.18%, see rank26.67%26.69%
3 Bedrooms326,504, 45.65%, see rank46.66%39.70%
4 Bedrooms110,926, 15.51%, see rank14.27%16.05%
5 or More Bedrooms25,485, 3.56%, see rank3.44%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Nashville, Davidson, Murfreesboro, Franklin AreaTennesseeU.S.
Total Housing Units654,063, 100%2,487,349116,211,092
Utility Gas227,108, 34.72%, see rank33.15%48.85%
Bottled, Tank, or LP Gas22,249, 3.40%, see rank4.33%4.86%
Electricity395,429, 60.46%, see rank59.47%36.68%
Fuel Oil, Kerosene, etc.1,122, 0.17%, see rank0.47%5.86%
Coal or Coke50, 0.01%, see rank0.04%0.12%
Wood6,138, 0.94%, see rank2.14%2.12%
Solar Energy135, 0.02%, see rank0.02%0.05%
Other Fuel437, 0.07%, see rank0.11%0.47%
No Fuel Used1,395, 0.21%, see rank0.27%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalNashville, Davidson, Murfreesboro, Franklin AreaTennesseeU.S.
Occupied Units Paying Rent210,641, 100%747,96239,201,928
$199 or Less4,243, 2.01%, see rank2.40%1.50%
$200 to $2996,258, 2.97%, see rank4.03%3.18%
$300 to $49912,592, 5.98%, see rank10.84%7.37%
$500 to $69937,254, 17.69%, see rank24.36%16.01%
$700 to $99981,840, 38.85%, see rank35.12%29.17%
$1,000 to $1,49952,876, 25.10%, see rank18.39%26.88%
$1,500 to $1,99910,459, 4.97%, see rank3.36%9.79%
$2,000 or More5,119, 2.43%, see rank1.49%6.10%
Median$855, see rank$757$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Nashville, Davidson, Murfreesboro, Franklin AreaTennesseeU.S.
Occupied Housing Units654,063, 100%2,487,349116,211,092
No Vehicles Available34,780, 5.32%, see rank6.39%9.12%
1 Vehicles Available210,424, 32.17%, see rank32.88%33.80%
2 Vehicles Available261,712, 40.01%, see rank38.26%37.48%
3 or More Vehicles Available147,147, 22.50%, see rank22.47%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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