Nashville Residential Real Estate Market Update: Spotlight on Donelson & Hermitage

by Troy Charlton

Spring and early summer are always lively times for Nashville’s real estate market, and 2025 is no exception. The city’s vibrant culture, strong job market, and welcoming neighborhoods continue to attract buyers from across the country. But what’s happening right now, especially in sought-after areas like Donelson and Hermitage? Let’s take a closer look.

Market Pulse: Nashville at a Glance

As of May 2025, Nashville’s residential market remains dynamic. Median home prices have seen a modest year-over-year increase, with the citywide average hovering around $465,000. Inventory has ticked up slightly compared to last year, giving buyers a bit more breathing room, but well-priced homes are still moving quickly—often within two weeks of listing.

Spotlight on Donelson & Hermitage

Donelson and Hermitage, nestled just east of downtown, are two neighborhoods that have captured the attention of buyers seeking both convenience and community charm. Here’s what the numbers look like:

  • Donelson: The median sales price is approximately $410,000, with homes typically spending just 10-14 days on the market. This area is especially popular with young professionals and families, thanks to its proximity to the airport and downtown, as well as its friendly, established neighborhoods.
  • Hermitage: Median home prices are slightly lower, around $385,000. Inventory here has grown by about 8% over the past year, giving buyers more options. Hermitage is known for its parks, good schools, and easy access to Old Hickory Lake, making it a favorite for outdoor enthusiasts.

Recent Sales Snapshot

In the past 90 days, Donelson has seen over 120 residential sales, with most properties closing at or just above asking price. Hermitage isn’t far behind, recording nearly 100 sales in the same period. Multiple offers are still common, especially for updated homes in move-in-ready condition.

Tips: Preparing Your Home for the Summer Market

If you’re thinking about selling, summer is prime time. Here are some top tips to make your home shine and attract eager buyers:

  • Boost Curb Appeal: Freshen up landscaping, add colorful flowers, and power-wash walkways. First impressions matter!
  • Let the Light In: Clean windows and open curtains to showcase natural light. Bright spaces feel more inviting.
  • Declutter & Depersonalize: Help buyers envision themselves in your home by minimizing personal items and creating open, tidy spaces.
  • Keep It Cool: Make sure your air conditioning is in top shape—buyers will notice if your home is a comfortable escape from the summer heat.
  • Stage Outdoor Spaces: Set up patio furniture or a grill to highlight your home’s potential for summer entertaining.

Final Thoughts

Nashville’s residential market, especially in Donelson and Hermitage, remains competitive but offers real opportunity for both buyers and sellers. Whether you’re looking to make a move or simply want to stay updated on your neighborhood, staying informed is your best advantage. Ready to take the next step? Let’s connect and make your real estate goals a reality!

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