Neighborhood Profile

Forest Acres Estates

Nashville, TN | Davidson County
Scored premium profile
Best Neighborhoods USA Index
46.8
National rank: #8,791 of 14,967
Stability and Strength
57.7
Score
Value Opportunity
59.9
Score
Momentum
10.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNashville, TN
CountyDavidson County
National rank#8,791 of 14,967
State rank#281 of 571
City rank#226 of 442
County rank#226 of 442
National percentile41.3
National bandMIDDLE_50_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$440,555
Year-over-year home value change-5.2%
Month-over-month home value change-0.25%
Home value to income ratio4.08
Median household income$107,922
Bachelor's degree or higher41.2%
Civilian unemployment rate9.6%
Homeownership rate73.3%
Housing vacancy rate3.5%
Rent burden 30% or higher39.0%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Forest Acres Estates

What is the Best Neighborhoods USA ranking for Forest Acres Estates?

Forest Acres Estates is ranked #226 of 442 eligible neighborhoods in Nashville; #281 of 571 eligible neighborhoods in TN; and #8,791 of 14,967 eligible neighborhoods in the United States.

Is Forest Acres Estates one of the best neighborhoods in Nashville?

Forest Acres Estates has a Best Neighborhoods USA Index of 46.8 and a city ranking of #226 of 442 eligible neighborhoods in Nashville.

How much are homes worth in Forest Acres Estates?

The current Zillow Home Value Index for Forest Acres Estates is approximately $440,555.

Are home values rising or falling in Forest Acres Estates?

Zillow neighborhood values changed -5.2% year over year and -0.25% month over month.

What is the Neighborhood Momentum Score for Forest Acres Estates?

Forest Acres Estates has a Neighborhood Momentum Score of 10.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Forest Acres Estates?

The NDS-derived neighborhood median household income is approximately $107,922.

How affordable is Forest Acres Estates relative to household income?

The current Zillow home-value-to-household-income ratio is 4.08. Price-to-income affordability is a major Value Opportunity input.

Is Forest Acres Estates primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 73.3%.

What is the unemployment rate in Forest Acres Estates?

The NDS-derived civilian unemployment rate is approximately 9.6%.

How educated are residents of Forest Acres Estates?

Approximately 41.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Forest Acres Estates face high rent burden?

Approximately 39.0% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Forest Acres Estates?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications10
Estimated originations6
Home-purchase applications4
Origination rate64.2%
Home-purchase share44.7%
Average application loan$322,255
Total application loan amount$3,178,750
National application rank#12,536 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -8.5% YoY; originations 4.3% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.