Your Real Estate: Why Investing in Sumner County is a Smart Move

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By: Kari Powell

According to Nashville’s Chamber of Commerce, Sumner County, Nashville’s North Shore, is growing due to the large manufacturing and distribution operations, an outstanding mix of professional service companies and a rapidly expanding retail sector anchor in Sumner County’s business community. The county’s entire sixty-three-mile southern border meanders along Old Hickory Lake, which gives Sumner a unique claim within the area, to a major navigable waterway with lakeside living and unlimited water recreation.

We have seen a thirty percent population increase since the year 2000, rising to over 172,000 residents. Making Sumner County even more desirable for families that are looking for quality in education with its great mix of public and private school sector, which have the highest ratings of nine and ten reported by greatschools.org.

One of the fastest growing cities in middle Tennessee, Gallatin has experienced a fifteen-percent population increase over the last five years, and yet it’s retained a small community feel. Gallatin’s schools, infrastructure and natural amenities make it one of the best places to live in the Nashville Metro Area. The 35,000 people who live in Gallatin include Mayor Paige Brown, who moved away for a while and found her way back. “This is a great time to be in Gallatin with all of our smart growth,” Brown says. “There is an energetic vibe that is attracting everyone from millennial to the senior generation.”

Family Circle Magazine and other publications have long ranked the city of Hendersonville one of the top ten cities for families to live in the United States and Gallatin has “WON” the title of Nicest Place in America according to Reader’s Digest and was featured on the cover of the November issue.

While home prices remain relatively low compared to the rest of the country, Sumner County has seen a twenty percent increase on median priced homes which have risen from $233,000 in 2015 to $289,000 in 2017 (year to date). Sumner County has less than three months supply of inventory for single family homes which is fueling new home sales which are up over twenty-five percent from the last twelve months reporting from September 2016.

The Sumner County real estate market is thriving and accommodating to it’s mature and new residents alike, offering a diverse range of homes from new apartment complexes, single family homes, luxury lake homes to urban and walk-able town homes. The unprecedented growth we are seeing in Nashville makes surrounding suburb counties a strategic and sound real estate investment.

 

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