Nolensville, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Nolensville Neighborhoods Since 2000




Nolensville, TN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Nolensville Housing Market Information

With 6,939 people, 1,931 houses or apartments, and a median cost of homes of $374,885, Nolensville house prices are not only among the most expensive in Tennessee, Nolensville real estate also is some of the most expensive in all of America.

Nolensville is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Nolensville than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Nolensville. Owner-occupied housing accounts for 92.54% of Nolensville's homes, and 86.99% have either three or four bedrooms, which is average sized relative to America.

Nolensville homes and real estate are some of the newest in America. 61.69% of Nolensville's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Nolensville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.57%), and between 1940-1969 ( 1.83%).

Nolensville Home Appreciation Rates

In the last 10 years, Nolensville has experienced some of the highest home appreciation rates of any community in the nation. Nolensville real estate appreciated 28.90% over the last ten years, which is an average annual home appreciation rate of 2.57%, putting Nolensville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Nolensville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Nolensville that despite a nationwide downturn in the housing market, Nolensville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Nolensville appreciation rates continue to be some of the highest in America, at 10.26%, which is higher than appreciation rates in 94.46% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Nolensville. Nolensville appreciation rates in the latest quarter were at 2.76%, which equates to an annual appreciation rate of 11.51%.

Importantly, this makes Nolensville one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Tennessee, our data show that Nolensville's latest annual appreciation rate is higher than 90% of the other cities and towns in Tennessee.

Average Home Values

 

Median Home Value:
$374,885

Nolensville, TN HOME PRICES

Value Range
> $1,308,000 1.3
$981,001 - $1,308,000 2.6
$654,001 - $981,000 21.3
$523,001 - $654,000 11.6
$392,001 - $523,000 25.5
$262,001 - $392,000 29.0
$131,001 - $262,000 7.9
$65,001 - $131,000 0.0
$0 - $65,000 0.8

Very High for TN
Very High for Nation

Value Relative to Nation Value Relative to State
10.6586194773233 2.29591836734694

Number Of Homes And Apartments:
1,931

Nolensville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TN*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
82.80% 3.56% 10 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,616 / per month

Homeownership Rate

Homeownership
Owners 92.54
Renters 7.46
Vacant 1.88

Housing Market Details

 

Age of Homes

AGE OF Nolensville HOMES
2000 or Newer 61.7
1970 - 1999 35.6
1940 - 1969 1.8
1939 or Older 0.9

Types of Homes

TYPE OF Nolensville HOMES
Single-Family 97.4
Townhomes 0.4
Small Apt. Buildings 0.0
Apt. Complexes 0.2
Mobile Homes 2.1
Other 0.0

Home Size

SIZE OF Nolensville HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 0.61
3 Bedrooms 38.67
4 Bedrooms 48.32
5 or more bedrooms 12.40