Nashville, TN Foreclosures
How much do homes sell for in Nashville, TN?
The average home price is currently $690,966.
In Nashville, TN, how many homes are available?
There are currently 731 active home listings available in Nashville.
What’s the average rental cost in Nashville, TN?
The average rental price in Nashville is $1,769.
What is the most expensive home in Nashville?
The most expensive home sold in Nashville had a price of $105,339,000.
What is currently the cheapest priced home in Nashville, TN?
The cheapest home for sale in Nashville is priced at $19,856.
Living in Nashville, TN
Nashville, known as Music City, is a vibrant and bustling metropolis famous for its rich musical heritage. With a blend of modern amenities and Southern charm, it offers a rich cultural scene along with a variety of dining and shopping experiences. The city's diverse neighborhoods provide a range of living options, from historic homes to newly developed condos, making it an attractive place for both families and young professionals.
Current Market Conditions in Nashville, TN
Nashville's real estate market has experienced significant growth in recent years, driven by an influx of new residents attracted to its job opportunities and vibrant lifestyle. The demand for housing in Nashville continues to rise, with new developments on the market and homes selling faster than last year. Inventory remains low, which has put upward pressure on home prices, resulting in a competitive market for buyers. Subsequently, the city has seen a boom in construction of multi-family units and single-family homes to keep up with growing demand.
In the latest quarter, the average home price in Nashville has risen, reflecting national trends. Homes in desirable neighborhoods such as East Nashville and The Gulch are seeing quicker sales and competitive bidding scenarios, while areas slightly further from the urban core are also witnessing increased interest and sales. As more corporate entities establish a presence in Nashville, the job market growth is expected to continue driving demand for housing.
Home Value Estimator For Nashville, TN
There are currently 140,122 real estate properties
in Nashville, TN,
with a median automated valuation model (AVM) price
of $463,021.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Nashville, TN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Nashville, TN,
is $690,966.00, with the most expensive house
in Nashville, TN, topping out
at $105,339,000.00 and the cheapest home
in Nashville, TN,
clocking in at $19,856.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nashville, TN!
Rent Prices
In Nashville, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nashville, TN, is on
a rollercoaster ride. The
average rent price in Nashville, TN,
is $1,769.00. Indeed, when looking to rent in
Nashville, TN, you can expect to pay as little
as $610.00 or as much
as $3,860.00,
with the average rent median estimated to
be $1,630.00. The good news is that finding
an affordable and desirable property to rent in Nashville, TN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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