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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Nolensville, TN Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Nolensville, TN Housing Market Trends

With a population of 16,872, 4,266 total housing units (homes and apartments), and a median house value of $927,657, 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 93.18% of Nolensville's homes, and 78.63% 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. 74.39% 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 ( 23.78%), and before 1939 ( 0.99%).

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 118.24% over the last ten years, which is an average annual home appreciation rate of 8.12%, putting Nolensville in the top 20% 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.

Over the last year, Nolensville appreciation rates have trailed the rest of the nation. In the last twelve months, Nolensville's appreciation rate has been 0.66%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Nolensville were at -1.32%, which equates to an annual appreciation rate of -5.18%.

Notably, Nolensville's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

Median Home Value

$927,657

Nolensville, TN Home Prices
> $1,358,000
$1,019,001 - $1,358,000
$680,001 - $1,019,000
$543,001 - $680,000
$408,001 - $543,000
$272,001 - $408,000
$136,001 - $272,000
$68,001 - $136,000
$0 - $68,000
11.5%
11.5%
21.5%
21.5%
35.3%
35.3%
16.9%
16.9%
7.6%
7.6%
3.7%
3.7%
1.6%
1.6%
0.4%
0.4%
1.5%
1.5%
0% 100.0%
% of Homes
Very High

for Tennessee

Very High

for nation

Number of Homes And Apartments:

4,266

Nolensville Appreciation Rates

Rent & Ownership

Average Market Rent:

$4,867 / per month

Homeownership Rate

Owners
Renters
93.2%
93.2%
6.8%
6.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
1.3%
1.3%
98.7%
98.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
74.4%
74.4%
23.8%
23.8%
0.8%
0.8%
1.0%
1.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
92.7%
92.7%
4.4%
4.4%
0.0%
0.0%
0.0%
0.0%
2.9%
2.9%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.2%
0.2%
0.0%
0.0%
3.1%
3.1%
24.0%
24.0%
54.6%
54.6%
18.0%
18.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Nolensville

Zip Codes in Nolensville, TN