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

ZipMedian Est. Value
27856

$ 296,250

$ 156/sqft

Housing Market Summary for Nashville, NC

Mar 2023February 2024Change
Median Listing Price$260K$209.7K-19.35%
Median Sold Price$235.7K$209.7K-11.03%
Homes For Sale172017.65%
Homes Sold11283-25.89%
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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%.

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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.

Foreclosure
There is 1 zips within Nashville, NC; within this zips, the median estimated home value for homes in foreclosure ranges from $468,885 in 27856 to the lowest value of $152,613 in 27856. Foreclosure homes account for 0.00% of properties in Nashville, NC with 27856 containing 14 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    27856 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.42% of residential properties in Nashville, NC with 27856 containing 24 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Nashville, NC; homes for sale in that zips, have a range of median values from $420,000 in 27856 to the lowest value of $199,900 in 27856.
    Sold Homes
    The median value for recently sold homes ranges from $666,765 in 27856 to the lowest price of $34,324 in 27856. There is 1 zips within Nashville, NC. 27856 has 82 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.42% of properties in Nashville, NC.

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      Guide for Nashville, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      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.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      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.

      Recently Listed Homes Nashville, NC

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