Is Nashville, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Nashville has remained a Seller's Market.
Housing Prices in Nashville, IN
How much do homes in Nashville, IN cost?
Median Sold Price
$350,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Nashville was $350,000 in March 2024, up 18.6% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $317.5K | +15.5% |
2 Bedrooms | $212.4K | $302.5K | +42.4% |
3 Bedrooms | $335K | $377.5K | +12.7% |
4 Bedrooms | $347.5K | $513.5K | +47.8% |
5+ Bedrooms | - | - | N/A |
Summary: Nashville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.5%, 2 bedroom homes increased by 42.4%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 47.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Nashville | $295K | $350K | +18.6% |
Washington Township | $320K | $302.5K | -5.5% |
Housing Supply in Nashville, IN
How many homes are available in Nashville, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
46 | 46 | 0.0% |
Summary: The Nashville real estate market had 46 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 28 | 25 | -10.7% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Nashville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Nashville in March 2024, up by 14.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Nashville, IN
How long does it take to sell a home in Nashville, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
118 Days | 107 Days | -9.0% |
Summary: Homes in Nashville had an average of 107 days on market in Mar 2024, down by 9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Nashville; 25% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.