What is the cost of living in Nashville?

To understand the cost of living, let's look at housing prices. The typical home in the Nashville metro area is currently listed at $539,900. This is very similar to last month but a bit lower than last year. Right now, there are 11,374 homes for sale, which is a significant increase of 13.3% compared to last year. More homes on the market can give you more choices. Even with more homes available, they are taking a little longer to sell. Homes are staying on the market for 52 days, which is about six percent longer than last year. This means you might have more time to make a decision. The price per square foot is currently $263, which is slightly down from last year. This suggests that the cost for the amount of space you get has become a little more affordable. About 18.7% of homes have had their prices lowered. This is a bit less than last year, but still shows that some sellers are adjusting their expectations. If you are looking to buy a home in Nashville, the slightly lower prices and longer time on the market could give you a bit more breathing room to find the right place.