Williamson County, TN: Top 10 in Stability

Natchez Trace Parkway Bridge

Williamson County, TN: Top 10 county more likely to maintain value than elsewhere in the country.

According to a recent report, Nashville MLS used 2022 third-quarter ATTOM real estate data to evaluate county-level housing markets around the United States that are vulnerable or at risk of declines. Comparing several factors such as affordability indexes, underwater mortgages ( mortgage balances exceeding estimated property values), unemployment, and foreclosure rates, the most at-risk markets are throughout the Eastern Seaboard and central California areas, comprising 28 of the 52 counties that made the list of most at-risk markets for a decline.

Tennessee had three of the Top 10 counties that are least at-risk, and four of the 52 least-risky counties are located in the Nashville metropolitan area. Williamson County is included in the least-vulnerable counties.

“Least-vulnerable counties continue to have more-affordable homes along with lower levels of underwater mortgages, foreclosure activity and unemployment.”

In the third quarter of 2022, Williamson County showed only 1.9% of residential mortgages being underwater, meaning owners owed more than their estimated property value. Williamson County led the state with the lowest unemployment rate at 2.1%. Furthermore, future job growth over the next ten years is predicted to be 41.6%, which is higher than the US average of 33.5%.

Middle Tennessee remains one of the hottest real estate growth markets in the country for 2023. Due to Williamson County’s healthy economy, low unemployment and predicted job growth, quality education, and exceptional quality of life offerings, experts are predicting home prices will not fall any time in the near future, even with rising interest rates.



Nashvilles MLS

Read More About Williamson County, TN