Is North Nashville, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Nashville is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, North Nashville has remained a Seller's Market.

Key Takeaway

North Nashville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in North Nashville, TN cost?

Median Sold Price

$539,500

$329/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$98,664(+22.4%)

Key Takeaway

Homes in North Nashville have sold for 22.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $345.2K$417.5K
+20.9%
2 $395K$385K
-2.5%
3 $440K$543.5K
+23.5%
4 $602.4K$631K
+4.7%
5+ $610.2K$615K
+0.8%

Median Sold Price Compared To Nearby Neighborhoods

North Nashville
+22.4%
Hadley / Washington
+22.2%
Osage
0.0%

How many homes are available in North Nashville, TN?

Number of Homes For Sale

Sep 2022Oct 2022%
132144+9.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 1913
-31.6%
2 2421
-12.5%
3 5866
+13.8%
4 2840
+42.9%
5+ 34
+33.3%

Number of Homes Sold

Sep 2022Oct 2022%
2431+29.2%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Nashville, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
22 Days18 Days-16.4%

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Nashville are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About North Nashville, TN

North Nashville, TN has 144 homes on the market. The number of homes for sale in North Nashville, TN increased by 9.1% between September 2022 and October 2022. The median list price of listings available in October 2022 was $539,500, while the average time on the real estate market was 18 days. This housing market listing prices have changed between September 2022 and October 2022: prices of 1 bedroom properties increased by 20.9%, 2 bedrooms properties prices decreased by 2.5%, prices of 3 bedrooms properties increased by 23.5%, prices of 4 bedrooms properties increased by 4.7%, prices of 5 bedrooms properties went up by 0.8%. This housing market inventory have changed: 1 bedroom homes inventory decreased by 31.6%, the quantity of 2 bedrooms homes went down by 12.5%, 3 bedrooms homes became 13.8% more available, number of 4 bedrooms homes increased by 42.9%, the quantity of 5 bedrooms homes went up by 33.3%. In October 2022, from all listings sold in North Nashville, TN there were more than 2 sold above asking price, over 18 sold below and more than 10 were sold right at the asked price.