$5,225 Closing Credit*
$440,000
3,037 SqFt
4 Beds
•3 Full Baths
Lorena Myers, Listing Office: Keller Williams Realty
Is Nashville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Nashville has remained a Seller's Market.
Key Takeaway
Nashville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Nashville, NC
How much do homes in Nashville, NC cost?
Median Sold Price
$304,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$43,500(+16.7%)
Key Takeaway
Homes in Nashville have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Nashville was $304,500 in October 2024, up 16.7% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $239K | $212K | -11.3% |
| 3 Bedrooms | $262K | $306K | +16.8% |
| 4 Bedrooms | $258K | $370K | +43.4% |
| 5+ Bedrooms | $320K | $290K | -9.4% |
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 11.3%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 43.4%, and 5+ bedroom homes decreased by 9.4%.
Median Sold Price Compared To Nearby Cities
| Nashville | $261K | $304.5K | +16.7% |
| Nashville Township | $261K | $304.5K | +16.7% |
| Oak Level Township | $292.5K | $270K | -7.7% |
Housing Supply in Nashville, NC
How many homes are available in Nashville, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 79 | 83 | +5.1% |
Summary: The Nashville real estate market had 83 homes for sale in October 2024, a 5.1% 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 57 | 56 | -1.8% |
| 4 Bedrooms | 15 | 20 | +33.3% |
| 5+ Bedrooms | 1 | 2 | +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 decreased by 16.7%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 23 | +64.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nashville, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Nashville in October 2024, up by 64.3% month-over-month. Of the 23 sold homes, 57% were sold under asking, 26% were sold at asking, and 17% were sold over asking.
Days on Market for Nashville, NC
How long does it take to sell a home in Nashville, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 66 Days | +17.5% |
Summary: Homes in Nashville had an average of 66 days on market in Oct 2024, up by 17.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Nashville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in Nashville; 48% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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