NASHVILLE, Tenn. (WKRN) — SmartAsset looked at 41 of the largest metropolitan areas in the U.S. and found that Nashville was among the top five most popular markets for Millennials last year.

More than 25,000 conventional mortgages were originated for Millennials, the study found. Overall, 4.08% of local Millennials bought a home in the Nashville Metro area last year. That put Nashville in fourth place behind the Raleigh, North Carolina Metro area; the Indianapolis, Indiana Metro area and the Charlotte, North Carolina Metro area. Cincinnatti, Ohio's Metro rounded out the top five.

Check out the table below to see SmartAsset's full ranking:

Nearly one-third of the area's population is between ages 25 and 44, which is what SmartAsset considered a Millennial in the study. On average, the property value for the mortgages listed was $455,000 and homebuyers had an average income of $123,000.

News Source : https://www.wkrn.com/news/local-news/nashville/nashville-metro-area-top-5-millennial-homebuyers/