You need a six-figure salary to buy a home in Nashville

Driving the news: To afford a median-priced home in the Nashville metropolitan area ($455,000), a family would need a household income of $124,095 which is up 19% year over year in August, according to a Redfin analysis.

• That's about $44,000 more than the typical Nashville-area household makes.

The intrigue: Affordable housing is a top issue in Nashville. It was a prominent topic in this year's mayoral race, and creatives who give Music City its identity have pondered leaving for a cheaper market.

The latest: Although some firms had predicted dramatic price drops in Nashville this year, that has not been the case.

Yes, but: The market does seem to have cooled down since a white-hot period in 2021.

• Greater Nashville Realtors, which analyzes data across nine Middle Tennessee counties, found that median house prices in September had dropped slightly year over year while condo prices had ticked up a bit.