Belle Meade, TN housing market
Homes typically sell in 129 days, below asking.
Home values, sales, trends and how Belle Meade compares with the towns next door — updated as new data is published.
Belle Meade at a glance
A balanced market
About 5.2 months of supply: neither buyers nor sellers have a clear edge.
Home prices up 48% in 5 years
The federal house price index for the ZIP codes around Belle Meade rose 48% over the past 5 years, slower than across Tennessee (60%). Last year prices fell 2.4%. Carrying the Census median home value forward with that index puts the typical Belle Meade home at roughly $2,107,000 today.
Show as a table
| Year | Change that year | Since 2000 | Tennessee since 2000 |
|---|---|---|---|
| 2025 | −2.4% | +258% | +186% |
| 2024 | +8.5% | +266% | +180% |
| 2023 | −0.6% | +238% | +167% |
| 2022 | +26% | +239% | +149% |
| 2021 | +12% | +170% | +105% |
| 2020 | +4.1% | +142% | +80% |
| 2019 | +4.2% | +133% | +72% |
| 2018 | +5.7% | +123% | +63% |
| 2017 | +5.6% | +111% | +52% |
| 2016 | +8.6% | +100% | +42% |
| 2015 | +6.3% | +84% | +34% |
| 2014 | +7.6% | +73% | +28% |
| 2013 | +5% | +61% | +23% |
| 2012 | +1.4% | +54% | +21% |
| 2011 | −2.7% | +51% | +23% |
| 2010 | −1.5% | +56% | +26% |
| 2009 | −3.2% | +58% | +30% |
| 2008 | +1.4% | +63% | +34% |
| 2007 | +5.6% | +61% | +33% |
| 2006 | +15% | +52% | +28% |
| 2005 | +11% | +32% | +20% |
| 2004 | +6.5% | +20% | +12% |
| 2003 | +3.1% | +12% | +8.2% |
| 2002 | +3.1% | +8.8% | +6.3% |
| 2001 | +5.6% | +5.6% | +3.8% |
| 2000 | — | — | — |
How Belle Meade ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 37205, 37215, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
6 new homes permitted in 2025
Builders were permitted 6 new homes in Belle Meade in 2025, all single-family houses, worth about $31 million to build. That's 2.2 per 1,000 residents, slower than across Tennessee (7.8). Over the past 10 years, Belle Meade has permitted 77 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Belle Meade's population fell by 11 even though 61 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Tennessee: 2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 3 | 3 | 0 | $19.5 million |
| 2025 | 6 | 6 | 0 | $31 million |
| 2024 | 4 | 4 | 0 | $18.6 million |
| 2023 | 4 | 4 | 0 | $13.9 million |
| 2022 | 9 | 9 | 0 | $27 million |
| 2021 | 14 | 14 | 0 | $48.9 million |
| 2020 | 6 | 6 | 0 | $12.3 million |
| 2019 | 7 | 7 | 0 | $18.4 million |
| 2018 | 11 | 11 | 0 | $21.5 million |
| 2017 | 9 | 9 | 0 | $30.3 million |
| 2016 | 7 | 7 | 0 | $11.3 million |
| 2015 | 13 | 13 | 0 | $16.2 million |
| 2014 | 4 | 4 | 0 | $9.3 million |
| 2013 | 8 | 8 | 0 | $13.9 million |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 2 | 2 | 0 | $3.7 million |
| 2009 | 5 | 5 | 0 | $8.1 million |
| 2008 | 6 | 6 | 0 | $10.1 million |
| 2007 | 8 | 8 | 0 | $12.8 million |
| 2006 | 7 | 7 | 0 | $8.8 million |
| 2005 | 8 | 8 | 0 | $10.3 million |
| 2004 | 10 | 10 | 0 | $5.3 million |
| 2003 | 11 | 11 | 0 | $5.7 million |
| 2002 | 16 | 16 | 0 | $9.8 million |
| 2001 | 9 | 9 | 0 | $11.3 million |
| 2000 | 4 | 4 | 0 | $1.8 million |
How Belle Meade ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Belle Meade and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Belle Meade | −2.4%† | $2,230 | 6 | $250,001 |
| Forest Hills | +3.6%† | $2,230 | 0 | $250,001 |
† FHFA price index change, where Zillow has no home value for the town.
8 years of income
The typical Belle Meade home costs about 8 years of the town's median household income, more than across Tennessee (4.8 years).
How Belle Meade ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,230
HUD's Fair Market Rent for a two-bedroom in Belle Meade is $2,230 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Belle Meade pay a median of $3,501. A two-bedroom takes about 11% of the town's median household income.
Studio $1,940 · 4 bedrooms $3,460
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (37205, 37215; Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Belle Meade
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.