Middle Tennesseans can expect to see a significant increase in home prices in the following year, especially in rural areas.
Because of increasing home prices in Davidson County, buyers are more frequently looking in outlying areas for more affordable options, but that does not always work out quite as they intend.
Jason Galaz, founder of Find A Home, Inc. and team lead for the Find A Home in Tennessee team, explained, “If more people want to move to the country or even just smaller towns, that increases demand, which we are already at a low inventory, so that does increase the price quite a bit, but you know those people who own those homes have earned that and they deserve it, so it’s kind of a give and take.”
Galaz noted that Tennessee has been a popular state for buying a home, and he does not predict that to change anytime soon.
