NASHVILLE, Tenn. (WKRN) — When it comes to buying a house in and around Nashville, what areas are the most affordable? Also, what does "affordability" currently look like? News 2 set out to answer those questions.

“Obviously, Nashville is on fire. It's a great city to be in. We all love it,” Eva Angelina Romero, broker and owner of Century 21 Capital Properties in Nashville, said. 

According to Romero, the meaning of “affordability” has shifted drastically in and around Davidson County.  

“It's changed tremendously in the last 10 years, even the last five years,” Romero said. 

As a result, first-time homebuyers are being pushed out into surrounding counties. However, there are a few areas considered to be hidden gems.  

“Definitely Madison, Gallatin, and Goodlettsville -- I would say those areas are good to look into. Those areas are just growing and booming,” Romero said. 

But what price range defines “affordability” in the Davidson County area? 

“In Davidson County, the median price point is nearing $500,000, so I would say anything within $350,000, $300,000, I would deem that as more affordable,” Romero said.  

According to Greater Nashville Realtors, their data shows median sale prices for Priest Lake, Madison, and Goodlettsville stood around $375,000 in 2024. However, condos appear to be a more affordable option.

“Young professionals are opting for the condos -- they're trying to get into something -- and then families, it's a little bit more challenging when it comes to condos. They're looking for the yard, so a lot of them are being pushed out to the outskirts of Davidson County,” Romero said. 

However, Romero said new builders are offering incentives for first-time homebuyers, such as down payment and closing costs assistance.  

“If you’re looking to buy, I’m always 'Get into something versus nothing.' Start with something, even if it's a condo, even if it's a townhouse, and then move up because that's what's going to get you in the door,” Romero said. 

News Source : https://www.wkrn.com/news/local-news/nashville/affordable-areas-to-buy-a-house-in-and-around-nashville/