$1,364 Closing Credit*
$114,900
1,548 SqFt
4 Beds
•1 Full Bath, 1 Partial
Michael J Brubaker, Amber L Anderson, Listing Office: RE/MAX Perrett Associates, Homegenius Real Estate LLC
Is Nashville, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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, MI
How much do homes in Nashville, MI cost?
Median Sold Price
$212,500
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,500(+18.1%)
Key Takeaway
Homes in Nashville have sold for 18.1% more than they did a year ago.
Summary: The median home sold price in Nashville was $212,500 in November 2024, up 18.1% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.5K | $300K | +84.6% |
| 2 Bedrooms | $155K | $121.5K | -21.6% |
| 3 Bedrooms | $179.9K | $216K | +20.1% |
| 4 Bedrooms | $275.5K | $210K | -23.8% |
| 5+ Bedrooms | $251.8K | $192.5K | -23.6% |
Summary: Nashville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 84.6%, 2 bedroom homes decreased by 21.6%, 3 bedroom homes increased by 20.1%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 23.6%.
Median Sold Price Compared To Nearby Cities
| Nashville | $180K | $212.5K | +18.1% |
| Castleton Township | $160K | $176K | +10.0% |
| Vermontville Township | $204K | $215K | +5.4% |
Housing Supply in Nashville, MI
How many homes are available in Nashville, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 16 | -27.3% |
Summary: The Nashville real estate market had 16 homes for sale in November 2024, a 27.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 6 | 2 | -66.7% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Nashville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nashville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Nashville in November 2024, down by 85.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Nashville, MI
How long does it take to sell a home in Nashville, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 41 Days | +120.8% |
Summary: Homes in Nashville had an average of 41 days on market in Nov 2024, up by 120.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Nashville has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Nashville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.