$4,738 Closing Credit*
$399,000
6,400 SqFt
4 Beds
•3 Full Baths, 2 Partial
Jennifer Kirsch, Listing Office: Axis Agency, LLC
Is Nashville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Nashville was a Seller's Market.
Key Takeaway
Nashville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Nashville, IL
How much do homes in Nashville, IL cost?
Median Sold Price
$146,000
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,500(-1.0%)
Key Takeaway
Homes in Nashville have sold for 1% less than they did a year ago.
Summary: The median home sold price in Nashville was $146,000 in October 2024, down 1% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107K | - | N/A |
| 2 Bedrooms | $128K | $109.9K | -14.1% |
| 3 Bedrooms | $145K | $165K | +13.8% |
| 4 Bedrooms | $299K | $263K | -12.0% |
| 5+ Bedrooms | $325K | $350K | +7.7% |
Summary: Nashville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.1%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Nashville | $147.5K | $146K | -1.0% |
| Nashville Township | $147.5K | $146K | -1.0% |
Housing Supply in Nashville, IL
How many homes are available in Nashville, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Summary: The Nashville real estate market had 26 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Nashville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Nashville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Nashville in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Nashville, IL
How long does it take to sell a home in Nashville, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 104 Days | 47 Days | -54.1% |
Summary: Homes in Nashville had an average of 47 days on market in Oct 2024, down by 54.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Nashville has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Nashville; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.