NASHVILLE, Tenn. (WKRN) — A welcoming, eclectic vibe has launched East Nashville into one of Davidson County’s hippest zip codes.
“If you’re moving to East Nashville, it’s because you’re seeking out that diverse, rich culture,” said Jack Gaughan, president-elect of Greater Nashville Realtors.
The area has turned into one of the most in-demand neighborhoods, attracting new businesses, nightlife and people.
“When people come to East Nashville, they think of food, they think of good vibes, high entertainment,” he added.
Gaughan, who is also a real estate agent with RE/MAX Properties East Nashville, explained to News 2 how Cleveland Park is transforming.
“Twenty-plus years ago, you would have never thought about, ‘O, what’s going to happen off Cleveland Park or Trinity?” he expressed. “And nowadays, every day you drive down, you’re like, when did that pop up? Where did that come from?”
The median price for a single-family home in the 37207 zip code of Cleveland Park is approximately $437,500, according to data from Greater Nashville Realtors. Gaughan said the massive investment in River North from Oracle will only catapult this corner of East Nashville.
The 37206 zip code, which includes high-price neighborhoods like Lockeland Springs and Eastwood, have already seen home prices climb to more than $700,000.
“When we’re hearing all this news about things sitting on the market or staying longer, that doesn’t always apply to these parts of East Nashville,” explained Gaughan. “This is something where people are still seeking. If it’s priced correctly, they really want to live in this area still. So if you’re doing that, you need to be prepared to be in that kind of competitive mindset.”
Leaders say one big selling point of life in East Nashville in the future are big roads, like on Gallatin Pike, which are ideal for putting in brand new bus rapid transit.
“Before long, you’re going to start seeing people who never thought they would have done that, ride it, if it means they won’t have to sit in hours-long worth of traffic,” said Gaughan, who also sits on the Moving Forward Committee with the Nashville Chamber of Commerce.
“I hope Nashville improves to something like that,” said John Mattick.
Mattick has called East Nashville home since the eighties, but he worries about his son being able to put down roots in the area like he did.
“As a father who has an adult son who lives in this neighborhood, who would like to be able to buy a house in this neighborhood, I wish it would be possible for someone who earns a good, middle class income to buy a home in this neighborhood,” concluded Mattick.
