How much house does $500,000 buy you in Nashville?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Nashville?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Nashville right now. Listings below $500,000 were included if necessary.
905 Aberdeen Ct, Columbia, TN 38401
- Price: $500,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,167
- See 905 Aberdeen Ct, Columbia, TN 38401 on Redfin.com
1426 Alamo Ave, Murfreesboro, TN 37129
- Price: $500,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,717
- See 1426 Alamo Ave, Murfreesboro, TN 37129 on Redfin.com
213 April Dr, Old Hickory, TN 37138
- Price: $500,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,974
- See 213 April Dr, Old Hickory, TN 37138 on Redfin.com
308 Due Ln, Columbia, TN 38401
- Price: $499,999
- 4 bedrooms, 3 bathrooms
- Square feet: 2,835
- See 308 Due Ln, Columbia, TN 38401 on Redfin.com
1231 Wentworth Dr, Gallatin, TN 37066
- Price: $500,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,725
- See 1231 Wentworth Dr, Gallatin, TN 37066 on Redfin.com
633 Nawakwa Trl, Madison, TN 37115
- Price: $500,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,528
- See 633 Nawakwa Trl, Madison, TN 37115 on Redfin.com
314 Deep Wood Dr, Goodlettsville, TN 37072
- Price: $500,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,256
- See 314 Deep Wood Dr, Goodlettsville, TN 37072 on Redfin.com
4600 Buckpasser Ave, Antioch, TN 37013
- Price: $500,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,780
- See 4600 Buckpasser Ave, Antioch, TN 37013 on Redfin.com
3633 Capstone Dr, Murfreesboro, TN 37128
- Price: $500,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,765
- See 3633 Capstone Dr, Murfreesboro, TN 37128 on Redfin.com
104 Jasmond Ct, Murfreesboro, TN 37128
- Price: $500,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,647
- See 104 Jasmond Ct, Murfreesboro, TN 37128 on Redfin.com
102 Murrell Rd, Dickson, TN 37055
- Price: $500,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,561
- See 102 Murrell Rd, Dickson, TN 37055 on Redfin.com
211 Cornice Dr, La Vergne, TN 37086
- Price: $499,999
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,406
- See 211 Cornice Dr, La Vergne, TN 37086 on Redfin.com
3636 Pelham Wood Dr, Murfreesboro, TN 37128
- Price: $499,999
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,357
- See 3636 Pelham Wood Dr, Murfreesboro, TN 37128 on Redfin.com
224 Glade Dr, Mount Juliet, TN 37122
- Price: $500,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,300
- See 224 Glade Dr, Mount Juliet, TN 37122 on Redfin.com
904 43Rd Ave N, Nashville, TN 37209
- Price: $499,999
- 4 bedrooms, 2 bathrooms
- Square feet: 1,640
- See 904 43Rd Ave N, Nashville, TN 37209 on Redfin.com
4904 Inglewood Ct, Nashville, TN 37216
- Price: $500,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,545
- See 4904 Inglewood Ct, Nashville, TN 37216 on Redfin.com
335 Grace St, Nashville, TN 37207
- Price: $500,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,296
- See 335 Grace St, Nashville, TN 37207 on Redfin.com
189 Village Cir, Lebanon, TN 37087
- Price: $499,999
- 3 bedrooms, 3 bathrooms
- Square feet: 2,292
- See 189 Village Cir, Lebanon, TN 37087 on Redfin.com
335 Jim Courtney Rd, Portland, TN 37148
- Price: $500,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,047
- See 335 Jim Courtney Rd, Portland, TN 37148 on Redfin.com
1645 Stonewater Dr, Hermitage, TN 37076
- Price: $500,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,634
- See 1645 Stonewater Dr, Hermitage, TN 37076 on Redfin.com
1044 Fulman Rd, Hendersonville, TN 37075
- Price: $499,999
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,440
- See 1044 Fulman Rd, Hendersonville, TN 37075 on Redfin.com
7925 Boone Trce, Nashville, TN 37221
- Price: $500,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,114
- See 7925 Boone Trce, Nashville, TN 37221 on Redfin.com
713 Brent Glen Pl, Nashville, TN 37211
- Price: $499,999
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,076
- See 713 Brent Glen Pl, Nashville, TN 37211 on Redfin.com
152 Dueler Dr, Hermitage, TN 37076
- Price: $500,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,746
- See 152 Dueler Dr, Hermitage, TN 37076 on Redfin.com
11012 Sligo Ct, Smyrna, TN 37167
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,438
- See 11012 Sligo Ct, Smyrna, TN 37167 on Redfin.com
3008 Fernwood Ln, Columbia, TN 38401
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,747
- See 3008 Fernwood Ln, Columbia, TN 38401 on Redfin.com
613 River Rouge Dr, Nashville, TN 37209
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,619
- See 613 River Rouge Dr, Nashville, TN 37209 on Redfin.com
6204 Henry Ford Dr, Nashville, TN 37209
- Price: $499,999
- 3 bedrooms, 1 bathroom
- Square feet: 1,370
- See 6204 Henry Ford Dr, Nashville, TN 37209 on Redfin.com
2917 Lee Davis Rd, Nashville, TN 37216
- Price: $499,999
- 2 bedrooms, 1 bathroom
- Square feet: 902
- See 2917 Lee Davis Rd, Nashville, TN 37216 on Redfin.com
3802 Elkins Ave, Nashville, TN 37209
- Price: $500,000
- 1 bedroom, 1 bathroom
- Square feet: 1,107
- See 3802 Elkins Ave, Nashville, TN 37209 on Redfin.com
