Market Value Analysis for Davidson County Housing

This memo is a technical report detailing the Market Value Analysis (MVA) conducted by Reinvestment Fund in partnership with the Metro Government of Nashville and Davidson County. The MVA serves as an analytic tool aimed at guiding community revitalization and investment efforts within Davidson County's housing market. It outlines the methodology employed, including data collection and cluster analysis, to identify distinct housing market types categorized into Regional, Strong, Developing, and Vulnerable markets. The report emphasizes the importance of leveraging public subsidies to stimulate private investment and the necessity of engaging local residents in decision-making processes. The findings reveal eight distinct housing markets, each with unique characteristics and recommendations for resource allocation. The report stresses the need to address the challenges posed by rising housing prices and the importance of preserving affordable housing options in the face of ongoing development pressures.