| Context | Value |
|---|---|
| Location | Nashville, TN |
| County | Davidson County |
| National rank | Not available |
| State rank | Not available |
| City rank | Not available |
| County rank | Not available |
| National percentile | Not available |
| National band | Not available |
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $302,418 |
| Year-over-year home value change | -3.4% |
| Month-over-month home value change | 0.01% |
| Home value to income ratio | Not available |
| Median household income | Not available |
| Bachelor's degree or higher | 11.4% |
| Civilian unemployment rate | 0.0% |
| Homeownership rate | 44.7% |
| Housing vacancy rate | 6.7% |
| Rent burden 30% or higher | 40.6% |
Covington Place is ranked No published Nashville rank is currently available; No published TN rank is currently available; and No published the United States rank is currently available.
Covington Place has a Best Neighborhoods USA Index of Not available and a city ranking of No published Nashville rank is currently available.
The current Zillow Home Value Index for Covington Place is approximately $302,418.
Zillow neighborhood values changed -3.4% year over year and 0.01% month over month.
Covington Place has a Neighborhood Momentum Score of 22.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
The NDS-derived neighborhood median household income is approximately Not available.
The current Zillow home-value-to-household-income ratio is Not available. Price-to-income affordability is a major Value Opportunity input.
The NDS-derived homeownership rate is approximately 44.7%.
The NDS-derived civilian unemployment rate is approximately 0.0%.
Approximately 11.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
Approximately 40.6% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
HMDA Mortgage Intelligence
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.
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.