Is Nashville, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nashville is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Nashville was a Seller's Market.

Key Takeaway

Nashville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Nashville, GA

How much do homes in Nashville, GA cost?

Median Sold Price

$200,000

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$24,987(+14.3%)

Key Takeaway

Homes in Nashville have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in Nashville was $200,000 in December 2024, up 14.3% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$262.5K
N/A
2 $65K$115K
+76.9%
3 $152K$179.9K
+18.4%
4 $249.9K$349K
+39.7%
5+ $210.8K$308.9K
+46.5%

Summary: Nashville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 76.9%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 39.7%, and 5+ bedroom homes increased by 46.5%.

Housing Supply in Nashville, GA

How many homes are available in Nashville, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
40400.0%

Summary: The Nashville real estate market had 40 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 2524
-4.0%
4 1010
0.0%
5+ 11
0.0%

Summary: The Nashville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nashville, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Nashville in December 2024, down by 50.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Nashville, GA

How long does it take to sell a home in Nashville, GA?

Average Sale Time

Dec 2023Dec 2024CHANGE
98 Days105 Days+7.6%

Summary: Homes in Nashville had an average of 105 days on market in Dec 2024, up by 7.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Nashville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 5 homes were sold in Nashville; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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