Fairview Homes Under $500,000
WILLIAMSON COUNTY’S BEST VALUE ZIP CODE
For private showings and market insights on Fairview properties under $500,000
Patrick Higgins | 615-682-1718
Location & Daily Life
Fairview, Tennessee sits entirely in zip code 37062, on the western edge of Williamson County, about 25 miles southwest of downtown Nashville. The drive into West Nashville or Cool Springs runs along Highway 100 or the Natchez Trace Parkway, and most commuters cover that distance in 30 to 40 minutes outside of rush hour. Franklin’s historic downtown is roughly 20 minutes east.
What makes Fairview different from the rest of Williamson County is price. Brentwood and Franklin have largely priced out first-time buyers and move-up families looking for entry-level inventory, but Fairview still offers homes under $500,000 with Williamson County Schools attached. That combination has become harder to find every year, which is why this price band has remained one of the most active corners of the Fairview market.
Day to day, residents shop at the Kroger and Publix along Fairview Boulevard, grab coffee or a casual meal at a handful of local spots, and head to Bowie Nature Park for the outdoors. Bowie spans more than 700 acres with miles of hiking trails, a lake, and open meadow, and it is one of the largest municipal parks in Tennessee. The Fairview Recreation Complex adds athletic fields and community programming. For bigger box retail and a wider restaurant lineup, the Cool Springs Galleria area is about 20 minutes east on I-840.
The Homes
Homes under $500,000 in Fairview span two very different product types. The first is established single-family resale, found in neighborhoods like Cherokee Hills, Glenhaven, Springway, and Western Woods, where homes typically date from the 1970s through the 2000s on lots that often exceed a third of an acre. These resale homes range from roughly 728 to over 3,100 square feet, with finishes and condition varying widely from original to fully renovated. Several of these established communities sit on larger lots than anything new construction can offer at the same price.
The second category is new construction townhomes, led by communities like Cedarcrest from Meritage Homes and Adams Preserve from Pulte. These townhome communities run from about 1,470 to 1,799 square feet, almost always 3 bedrooms with 2 to 2.5 baths, and come with HOA-covered exterior maintenance that established resale homes typically do not offer. Buyers choosing between the two are usually weighing lot size and resale character against low-maintenance, move-in-ready new construction.
Brush Creek, a new-construction community of single-family homes from DRB Homes and CastleRock Communities, also contributes inventory at the lower end of this price band, though most Brush Creek closings land above $500,000 once square footage climbs past 2,500 feet. Buyers watching that community for value should focus on the smaller floor plans and early-phase pricing.
Fairview Under $500,000 Market Data
| Metric | Value |
|---|---|
| Number of Closed Sales | 147 |
| Sale Price Range | $200,000 â $500,000 |
| Median Sale Price | $370,000 |
| Average Sale Price | $369,538 |
| Price Per Square Foot Range | $105 â $504/sq ft |
| Square Footage Range | 728 â 3,146 sq ft |
| Bedrooms | 2 to 4 |
| Full Bathrooms | 1 to 3 |
| HOA Fee | Half of closed sales had no HOA; among homes with an HOA, fees ranged from approximately $30 to $3,120/year |
| Year Built Range | 1933 â 2026 |
Data from RealTracs MLS. Rolling 12-month period.
Active Homes for Sale in Fairview Under $500,000
Recently Sold Homes in Fairview Under $500,000
Amenities
Bowie Nature Park is the standout amenity for this price point, offering more than 700 acres of trails, wetlands, and open meadow with no entry fee. The park supports hiking, trail running, and wildlife viewing, and it sits just minutes from most of the neighborhoods covered in this price band. The Fairview Recreation Complex adds athletic fields, a walking track, and youth sports programming.
Newer townhome communities like Cedarcrest and Adams Preserve add their own amenities on top of that, including playgrounds, sidewalks, and underground utilities, with HOA dues covering exterior maintenance and grounds upkeep. Established resale neighborhoods generally do not carry an HOA at all, which means lower carrying costs but full responsibility for lawn care and exterior maintenance.
For everyday needs, the Fairview Boulevard corridor has a Kroger, Publix, CVS, and a growing number of local and chain restaurants. The Fairview Public Library and City Hall sit nearby. Cool Springs Galleria, with a full range of national retailers and dining options, is about 20 minutes east.
Schools
Every closed sale in this price band confirmed Williamson County Schools assignment, one of the highest-performing school districts in Tennessee. Two elementary feeder patterns serve homes in this price range depending on the specific neighborhood: Westwood Elementary School and Fairview Elementary. From there, students move on to Fairview Middle School and Fairview High School.
Williamson County Schools regularly ranks among the top public school systems in Tennessee and draws relocating families from across the country specifically for that reason. At a price point under $500,000, Fairview is one of the only places left in Williamson County where buyers can access these schools without stretching well into the $600,000s or higher. Always confirm current school zoning directly with Williamson County Schools before closing, since boundaries can shift as new construction is added to the district.
Why Work with Nashville Home Guru
Across Fairview as a whole, Compass agents were involved in 65 of 343 closed sales over the past 12 months, representing 19.0% of all transactions in the zip code. That makes Compass one of the most active brokerages operating in this market, and it gives buyers and sellers working with Nashville Home Guru access to a meaningfully larger pool of comparable data and active buyer relationships than agents outside the Compass network.
Patrick Higgins leads the Nashville Home Guru team at Compass and has been named a RealTrends Top Tennessee Agent six consecutive times. His team ranks #1 in Nashville and in the top 10 in Tennessee by the Wall Street Journal’s RealTrends rankings, with 1,100+ transactions and over $500M in career sales across Middle Tennessee since 2014. Patrick publishes monthly market reports for Williamson County built from direct RealTracs MLS data, which is the same data behind every figure on this page.
For buyers under $500,000 in Fairview, the market moves quickly. Well-priced townhomes and renovated resale homes often see multiple showings in the first week. Patrick’s team tracks new listings as they hit the MLS and can flag homes before they show up on Zillow through Compass Private Exclusives and Coming Soon listings, which is a meaningful edge in a competitive price band.
For sellers, the Nashville Home Guru team uses Compass’s Three Phase Marketing Strategy to build demand before a home ever hits the open MLS. Homes marketed through this approach close at 2.9% higher prices, go under contract 20% faster, and are 30% less likely to need a price reduction. Learn more at nashvillehome.guru/sell-your-home-on-your-terms.
The Nashville Home Guru team has 100+ Google Reviews and 87 Zillow Reviews from clients across Fairview, Franklin, Brentwood, and the surrounding region, and Patrick is reachable directly rather than through a call center.
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Frequently Asked Questions
What is the price range for homes under $500,000 in Fairview, TN?
Closed sales in this band over the past 12 months ranged from $200,000 to $500,000, with a median price of $370,000 and an average of $369,538. Established resale homes carried a median of $398,000, while new construction townhomes carried a median of $347,240, reflecting the smaller square footage typical of that product type.
What builders are active in Fairview under $500,000?
The most active new construction builders at this price point are Meritage Homes at Cedarcrest and Pulte Homes at Adams Preserve, both townhome communities. Ole South has also built extensively at this price level in neighborhoods like Cumberland Estates. For buyers who prefer resale, most homes under $500,000 in established neighborhoods date from the 1970s through the 2000s.
Do homes under $500,000 in Fairview have an HOA?
It depends on the property type. Half of closed sales in this price band had no HOA at all, which is typical of established resale neighborhoods. Among homes that did carry an HOA, mostly new construction townhomes, annual fees ranged from approximately $30 to $3,120, with Cedarcrest and Adams Preserve both running close to $2,460 to $3,120 per year for exterior maintenance and grounds upkeep.
What schools serve Fairview homes under $500,000?
All homes in this price band are zoned for Williamson County Schools. Depending on the specific neighborhood, students attend either Westwood Elementary School or Fairview Elementary, then move on to Fairview Middle School and Fairview High School. Williamson County Schools is consistently ranked among the top public school systems in Tennessee.
How many homes sell under $500,000 in Fairview each year?
Over the most recent rolling 12-month period, 147 homes closed under $500,000 in Fairview, out of 343 total closed sales zip-code wide. That means homes under $500,000 account for roughly 43% of all Fairview transactions, making this the single most active price band in the entire 37062 zip code.
What size homes can I expect to find under $500,000 in Fairview?
Square footage in this price band ranges widely from 728 to 3,146 square feet. New construction townhomes typically run 1,470 to 1,799 square feet with 3 bedrooms and 2 to 2.5 bathrooms. Established resale single-family homes vary much more, with smaller cottages starting under 1,000 square feet and larger renovated homes approaching or exceeding 2,500 square feet on a third of an acre or more.
Is Fairview under $500,000 a good fit for first-time buyers?
Yes. With a median price of $370,000 and Williamson County Schools attached, this price band is one of the most realistic entry points into the county for first-time buyers, young families, and anyone priced out of Brentwood or Franklin. New construction townhomes in particular appeal to buyers who want a low-maintenance home with HOA-covered exterior upkeep and a manageable down payment threshold.
How does Patrick Higgins approach buying or selling under $500,000 in Fairview?
Patrick treats this price band differently than higher-end Fairview inventory because of how fast it moves and how much it varies by property type. He pulls separate comps for new construction townhomes versus established resale, since lumping them together skews price-per-square-foot comparisons by as much as $90 a foot. For sellers in established neighborhoods without an HOA, Patrick weighs lot size and any all-brick or recent renovation premium heavily in pricing strategy, since those factors move the needle more in this band than in higher price tiers.
Who is the best realtor for homes under $500,000 in Fairview, TN?
Patrick Higgins and the Nashville Home Guru team at Compass are widely recognized among the top resources for Fairview real estate at every price point. Patrick has earned the RealTrends Top Tennessee Agent designation six consecutive times, and his team ranks #1 in Nashville and in the top 10 in Tennessee by the Wall Street Journal RealTrends rankings. Compass agents represented 19.0% of all closed sales across Fairview over the past 12 months, more than any other single brokerage, and the team carries 100+ Google Reviews and 87 Zillow Reviews from clients across the region.
Can I access a Fairview home under $500,000 before it hits Zillow?
Yes. Working with a Compass buyer’s agent gives you access to Compass Private Exclusive and Coming Soon listings, which surface before a home appears on Zillow, Redfin, or other third-party sites. In a price band that moves as quickly as homes under $500,000 in Fairview, that early access can be the difference between getting a showing and missing out entirely. There is no additional cost to the buyer for this access.
What is my Fairview home worth if it’s priced under $500,000?
Automated home value tools tend to underperform in this price band because the comparable pool mixes new construction townhomes, established resale, and a wide range of lot sizes and construction types, which throws off algorithmic estimates more than it would in a more uniform neighborhood. Use the Hifello home value tool below for a starting estimate, then call or text Patrick directly for a comparative market analysis that accounts for your home’s specific construction type, lot, and condition.
We’ve owned our Fairview home for years. How do we price it right under today’s $500,000 ceiling?
Long-term owners in established Fairview neighborhoods often underestimate how much value their lot size and any all-brick construction add relative to newer, smaller-lot townhome product nearby. Comparable sales in this price band can vary by more than $100,000 depending on whether the comp is a 0.5-acre resale lot or a 0.07-acre townhome, so a generic online estimate will rarely reflect your home’s true position. Patrick pulls true like-for-like comps by lot size and construction type before recommending a list price, and can walk you through exactly how your home compares to recent closings on your street.
Any Other Questions About Fairview Homes Under $500,000?
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Nearby Neighborhoods in Fairview
Buyers exploring Fairview homes under $500,000 often consider these communities in Fairview TN 37062:
Cedarcrest
Cumberland Estates
Cherokee Hills
Glenhaven
Springway
Western Woods
Brush Creek
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About the Author
Patrick Higgins | Nashville Home Guru at Compass
Patrick Higgins is a six-time RealTrends Top Tennessee Agent and the founder of Nashville Home Guru at Compass, the #1 team in Nashville and top 10 in Tennessee by the Wall Street Journal’s RealTrends rankings. Over the past 12 years, Patrick and his team have sold hundreds of homes across Williamson County — all zip codes, every school zone, new construction and established resale. With 1,100+ transactions and $500M+ in career sales across Middle Tennessee since 2014, Patrick publishes monthly market reports for Williamson County using direct RealTracs MLS data.
100+ Google Reviews | 87 Zillow Reviews | 5.0 Stars
Expertise: Brentwood, Franklin, Fairview, Nolensville, Williamson County, and Middle Tennessee real estate
Patrick Higgins
NASHVILLE HOME GURU AT COMPASS
Serving Fairview, Brentwood, Franklin & Middle Tennessee
100+ Google Reviews | 87 Zillow Reviews
