Nashville's real estate scene is buzzing, driven by a decade-long building boom and a lower cost of living compared to other major U.S. cities. The city has seen over 2,000 construction permits issued in 2025 alone, with a focus on high-rise condos and mixed-use projects. Luxury developments like The Residences at The Nashville EDITION, located in The Gulch, are drawing attention with prices starting at $1.65 million. These residences offer exclusive amenities like a private gym and concierge services, symbolizing Nashville's transition into a cosmopolitan hub.
The median list price for homes in Nashville is about $605,000, with homes typically spending 69 days on the market, according to Realtor.com. This robust market is supported by Tennessee's lack of state income tax, making it an attractive choice for homebuyers seeking more space and affordability.
Surrounding areas such as Brentwood, Franklin, and Mount Juliet are also seeing expansion, appealing to luxury buyers. However, the rising cost of living could lead to displacement in some neighborhoods as upscale housing projects replace older structures.
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