$6,828 Closing Credit*
$575,000
2,994 SqFt
3 Beds
•2 Full Baths
Brenna Goethel, Listing Office: Armstrong Real Estate - Keller Williams
Is East Nashville, TN 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, East Nashville was a Seller's Market.
Key Takeaway
East Nashville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Nashville, TN
How much do homes in East Nashville, TN cost?
Median Sold Price
$574,969
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,597(+5.2%)
Key Takeaway
Homes in East Nashville have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in East Nashville was $574,969 in October 2024, up 5.2% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $317.4K | $295K | -7.1% |
| 2 Bedrooms | $415K | $425K | +2.4% |
| 3 Bedrooms | $568K | $569K | 0.2% |
| 4 Bedrooms | $775K | $752.3K | -2.9% |
| 5+ Bedrooms | $1.0M | $994.4K | -3.0% |
Summary: East Nashville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Neighborhoods
| Capitol View | $344.7K | $435K | +26.2% |
| East Nashville | $546.3K | $574.9K | +5.2% |
| East Hill | $649.9K | $599.9K | -7.7% |
Housing Supply in East Nashville, TN
How many homes are available in East Nashville, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 513 | 566 | +10.3% |
Summary: The East Nashville real estate market had 566 homes for sale in October 2024, a 10.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 20 | -4.8% |
| 2 Bedrooms | 91 | 87 | -4.4% |
| 3 Bedrooms | 233 | 249 | +6.9% |
| 4 Bedrooms | 137 | 172 | +25.5% |
| 5+ Bedrooms | 31 | 38 | +22.6% |
Summary: The East Nashville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.8%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes increased by 22.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 98 | 72 | -26.5% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Nashville, you may be able to get a good deal. 50.7% of homes here sold below asking price last month.
Summary: A total of 72 homes were sold or pending in East Nashville in October 2024, down by 26.5% month-over-month. Of the 71 sold homes, 51% were sold under asking, 28% were sold at asking, and 21% were sold over asking.
Days on Market for East Nashville, TN
How long does it take to sell a home in East Nashville, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 25 Days | -12.6% |
Summary: Homes in East Nashville had an average of 25 days on market in Oct 2024, down by 12.6% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Nashville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 72 homes were sold in East Nashville; 65% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.