Nashville, TN Foreclosures
How much do homes sell for in Nashville, TN?
The average home price is currently $687,829.
In Nashville, TN, how many homes are available?
There are currently 88 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 $104,238,248.
What is currently the cheapest priced home in Nashville, TN?
The cheapest home for sale in Nashville is priced at $19,720.
Living in Nashville, TN
Nashville, TN is a vibrant city known for its influential music scene, historical sites, and delicious cuisine. With plenty of parks and outdoor recreational activities, residents can enjoy a mix of culture and nature. The city’s strong economy, supported by healthcare and education, makes it an attractive place to live and work.
Current Market Conditions in Nashville, TN
Nashville's real estate market is currently experiencing a surge in demand, with home prices steadily increasing over the past few months. The influx of new residents, fueled by job opportunities and the city's appealing lifestyle, has led to lower inventory levels. This competitive market tends to favor sellers, who often receive multiple offers within days of listing their homes. Despite rising prices, the market remains attractive for buyers looking to invest, especially in neighborhoods poised for growth.
Recent trends show that neighborhoods like East Nashville and Germantown are particularly hot, with significant interest from young professionals and families. Buyers are also drawn to the downtown area and its revitalization, which includes new amenities, restaurants, and entertainment options.
Home Value Estimator For Nashville, TN
There are currently 140,104 real estate properties
in Nashville, TN,
with a median automated valuation model (AVM) price
of $461,492.00. 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 $687,829.00, with the most expensive house
in Nashville, TN, topping out
at $104,238,248.00 and the cheapest home
in Nashville, TN,
clocking in at $19,720.00. 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.