Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$424,273−2.6% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 23% have cut their price
Income needed to buy, per year$91,973About 1.1× the local median income ($80,803): a stretch for a typical household
Days on market68 daysAbout the same pace as a year ago
Next 12 months+0.2%Zillow expects prices to stay about flat
The typical home in Davidson County, TN is worth $424,273, down 2.6% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $392,623, so the area is 8.1% overvalued. It is a buyer's market: homes take about 68 days to sell, listings are up 11% from a year ago, 23% of listings have had a price cut. Zillow expects prices to rise about 0.2% over the next year. A household needs about $91,973 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $80,803. Typical rent is $1,820 a month, or $2,384 for a house. In the latest IRS figures, 4,045 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$424,273
Change in 1 year
−2.6%
Overvalued %
+8.1%
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Fair home value
$392,623
Change in 5 years
+15.9%
Zillow forecast, next 12 months
+0.2%
Home value to income
5.3×
Monthly mortgage payment (20% down)
$2,299
Income needed to afford it
$91,973
Property tax rate
0.60%
Rent and investing
Typical rent
$1,820
Typical rent for houses
$2,384
Price-to-rent ratio
19.4×
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HUD Fair Market Rent, 2 bedrooms
$1,798
Gross rental yield
5.15%
Cap rate (estimate)
3.35%
Market activity
Listings vs a year ago
+11.1%
Days on market
68
Listings with a price cut
23.4%
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Homes for sale
4,621
Pending sales per 100 listings
22
Asking price per sq ft
$300
People and jobs
Median household income
$80,803
Population change (1 year)
+1.3%
Unemployment rate
4.5%
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Population
745,904
Income adjusted for cost of living
$83,908
Net moves in (IRS)
−4,045
Cost of living (US = 100)
96.3
Schools, risk and environment
School rating (1 to 10)
4.1
FEMA hazard risk score (0 to 100)
97.2
Unhealthy air days a year
1
Show 4 more
Flood risk score
98.2
Wildfire risk score
57.5
Walkability (1 to 20)
10.3
Road, rail and air noise
53 dB
Questions people ask
Is Davidson County, TN overvalued?
Home prices in Davidson County, TN are slightly above what local incomes have historically supported: fair value is about $392,623, so the area is 8.1% overvalued.
Is Davidson County, TN a buyer's or seller's market?
Davidson County, TN is a buyer's market: homes take about 68 days to sell, listings are up 11% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Davidson County, TN?
Home values in Davidson County, TN are down 2.6% over the last year. Zillow's forecast for the next 12 months is +0.2%.
How much do you need to earn to buy a home in Davidson County, TN?
A household needs about $91,973 a year to afford the typical home in Davidson County, TN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $80,803.