Nashville, NC Home Values & Market Trends
Real estate market trends reflect that there have been 184 transactions over the past year in Nashville. The median value for residential home transactions that occurred over the previous year is $251,196.07. The number of current listings in Nashville is 24, and the percentage of properties for sale in the city is 24.00%. Nashville, NC currently has 14 properties in foreclosure, 2 bank owned properties, 6 properties headed for auction, and 24 properties for sale.
Nashville, NC Real Estate Market Overview
Zip | Median Est. Value |
---|---|
27856 | $ 296,250 $ 156/sqft |
Housing Market Summary for Nashville, NC
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $260K | $209.7K | -19.35% |
Median Sold Price | $235.7K | $209.7K | -11.03% |
Homes For Sale | 17 | 20 | 17.65% |
Homes Sold | 112 | 83 | -25.89% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Nashville, NC
Browse Homes in Nashville, NC
Nashville home values range from $26,775 to $15,013,602. The median estimated value of a home in Nashville is $251,196.07. The median list price of a home is 284,450, and the total count of properties in the city is 5,758.
- Pre-ForeclosurePre-foreclosure homes account for 0.10% of all residential properties in Nashville, NC with 27856 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Nashville, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $468,885 in 27856 to the lowest home value of $184,879 in 27856.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Nashville, NC ranges from the highest value of $157,294 in 27856 to the lowest value of $157,294 in 27856. Bank owned homes and properties account for 0.03% of properties in Nashville, NC. There is 1 zips within Nashville, NC; 27856 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions27856 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Nashville, NC. Auction homes and other auction properties account for 0.10% of all properties in Nashville, NC. There is 1 zips within Nashville, NC; of that zips, the median estimated home value for homes going to auction ranges from $298,561 in 27856 to the lowest value of $152,613 in 27856.
Compare Nearby Cities
More Real Estate Resources for Nashville, NC
Guide for Nashville, NC
North Carolina Foreclosure Laws
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.
The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.