Real Estate Investing in Nolensville, Tennessee (37135)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Williamson County • Population: 23,231 • Data updated: September 2026

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Should you buy in 37135 (Nolensville, TN)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Nolensville, TN (37135)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $817,999
Avg Monthly Rent $2,993
1% Rule ✗ Does Not Meet
Median Income $140,024
% Renters 5.8%

Market Analysis: 37135 Nolensville

Investors eyeing 37135 need to respect the fundamentals at play. Home values of $818K come alongside slower price movement and elevated management overhead.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 37135 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

In the broader TN picture, 37135 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Resident income in 37135 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

The 37135 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Nolensville:

B Good
Buy Confidence Score: 70/100
Affordability
10/25
Appreciation
22/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.8× the median income
Value Trend
Stable (+2.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,993/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Nashville-Davidson--Murfreesboro--Franklin, TN Metro Area
More inventory, negotiating room for buyers
62 days
Average time to sell
Slow
11.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Nashville-Davidson--Murfreesboro--Franklin, TN metro data
🏠

Property Strategy for 37135

Which property type performs best in this market?

Best for Cash Flow
3BR
4.2% cap rate
Best for Appreciation
5BR
+9.6% 5yr CAGR
Best Overall Value
3BR
$188,322/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $564,966 $3,320 4.2% +7.6% $188,322
4BR $862,674 $4,050 3.4% +9.1% $215,669
5BR $1,074,484 +9.6% $214,897

Market Trends

Home Value History (with trend line)

$868K$744K$621K$497K$373K$249KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$3,154$3,091$3,028$2,965$2,902$2,838Feb 2024May 2025Jul 2026

📊 How Does 37135 Compare?

Metric 37135 Nolensville Nashville-Davidson--Murfreesboro--Franklin, TN Tennessee
Home Value $817,999 $817,999 N/A $327,001
5-Year CAGR 5.7% 5.7% N/A 7.7%
Avg Rent $2,993 $2,993 N/A -
Cap Rate 2.9% 2.9% - -
💡 Why Invest in 37135? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 37135 (Nolensville, TN). Anonymous, moderated, never written by AI.

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Property managers serving Williamson County

Manage rentals here? List your business →

The domain gasserhome.com is available for purchase, with options for website hosting, design, and IT consulting services from DigiTimber. summary from their website

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Gemstone Solutions offers property management and realty services. summary from their website

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Ziser Realty Property Management provides comprehensive management services for Nashville homeowners, including marketing, tenant screening, and maintenance coordination. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
2.9%
Low
5yr Growth
+5.7%
Moderate

📊 Market Snapshot

Home Value $817,999
Monthly Rent $2,993
Price-to-Rent 22.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.4%
Cap Rate 2.9%
5-Year IRR 8.6%

📈 Home Appreciation

1-Year +2.2% ▲
3-Year CAGR +2.1% ▲
5-Year CAGR +5.7% ▲
10-Year CAGR +7.1% ▲

🏠 Rent Trends

1-Year -1.6% ▼
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
3.7%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.7%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 37135

Population: 23,231

💰 Median Household Income
$140,024
This area
$140,024
State
$60,881
USA
$74,580
🏠 Renter Occupied
5.8%
This area
5.8%
State
25.6%
USA
34.0%
💼 Unemployment Rate
2.0%
This area
2.0%
State
-22.2%
USA
3.7%
🎓 College Educated
69.2%
This area
69.2%
State
-6.3%
USA
33.7%
👤 Median Age
36.7 years
This area
36.7 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
3.7%
This area
3.7%
State
15.4%
USA
10.5%
👥 Population by Ethnicity
White 83.3%
Other/Mixed 6.5%
Black/African American 5.7%
Asian 4.6%
Hispanic/Latino 4.4%
👶 Under 18
28.2%
This area
28.2%
USA
22.0%
👴 65 and Over
7.9%
This area
7.9%
USA
17.3%
📊 Poverty Rate
0.6%
This area
0.6%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 37135

B Avg School Grade
4 Schools
16.2:1 Avg Class Size
$12,699 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Mill Creek Elementary School

📚 K – 05 Elementary
👥
702 Students
👨‍🏫
14.6:1 Class Size
💰
$12,699 Per Student
B Good

Mill Creek Middle School

📚 06 – 08 Middle
👥
914 Students
👨‍🏫
15.7:1 Class Size
💰
$12,699 Per Student
B Good

Nolensville Elementary

📚 Pre-K – 05 Elementary
👥
888 Students
👨‍🏫
15.8:1 Class Size
💰
$12,699 Per Student
C+ Average

Nolensville High School

📚 09 – 12 High School
👥
1,486 Students
👨‍🏫
18.6:1 Class Size
💰
$12,699 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby
D
Empire Beauty School-Nashville
125 students · 8.8 mi
C
Williamson Christian College
57 students · 9.4 mi
D
Fortis Institute-Nashville
392 students · 10.5 mi
D
Franklin Hair Academy School of Cosmetology
75 students · 12.2 mi
C+
Lipscomb University
5,047 students · 14.1 mi
C
Nashville Film Institute
33 students · 14.6 mi
C
Paul Mitchell the School-Murfreesboro
231 students · 14.8 mi
D
Remington College-Nashville Campus
279 students · 15.0 mi

Frequently Asked Questions

What are rental rates like in Nolensville, TN?

Rent in Nolensville, TN is around $2,993/mo. The resulting rent-to-value relationship with $818K pricing is reasonable for most investor models.

Is it easy to find good tenants in Nolensville, TN?

Working renters make up the core of the Nolensville, TN tenant base. The pool is reasonable for investors targeting long-term holds.

Where do home prices stand in Nolensville, TN?

In Nolensville, TN the median home value sits at $818K. Against the broader TN market, that reads as reasonable for most investors.

What kind of market is Nolensville, TN for investors?

The 3.0/5 investability rating in Nolensville, TN reflects its $818K prices and $2,993/mo rents. Investors generally consider it a solid option within TN.

Which real estate strategy fits Nolensville, TN?

In Nolensville, TN the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $818K prices and $2,993/mo rents suits that approach.

You know 37135 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 37135 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 37135 ranks in Nashville-Davidson--Murfreesboro--Franklin, TN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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