There are currently 146,801 real estate properties in Nashville, TN, with a median automated valuation model (AVM) price of $472,800.00. 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 $667,462.00, with the most expensive house in Nashville, TN, topping out at $49,000,000.00 and the cheapest home in Nashville, TN, clocking in at $45,000.00. In other words, there’s something for every potential homebuyer or savvy investor 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 $1,763.00. Indeed, when looking to rent in Nashville, TN, you can expect to pay as little as $620.00 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Nashville, TN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Nashville, TN and much more. Save thousands at closing with home foreclosure listings in Nashville, TN — up to 75% off market value!
Nashville is located in Davidson, Tennessee, with an estimated municipal population of 670,820 residents. All of the best foreclosed homes for sale in Nashville are located in the following zip code areas on Foreclosure.com: 37027 37138 37076 37072 37205 37201 37206 37240 37243 37246 37080 37218 37219 37216 37217 37214 37215 37212 37213 37210 37211 37189 37209 37208 37204 37207 37203 37115 37013 37228 37221 37220 37143 37011 37116 37202 37222 37224 37227 37229 37230 37232 37234 37235 37236 37238 37241 37242 37244 37250. The estimated population per square kilometer (.62 miles) in Nashville is 544.
So, about how much do homes cost in Nashville? The most recent median value of resident-owned homes in Nashville is 239,024. An estimated 53.9 percent of households in Nashville own their homes, with an average family size of 3.07. The median household income in Nashville is 59,828, with26 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Nashville, the median commute time of resident workers (in minutes) is 25. And last, but certainly not least, are you looking for homes to rent in Nashville? If so, the average rent price paid by renters in Nashville is 1,100, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Nashville, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Nashville is 34.2, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Nashville is 40.8, with an average family size of 3.07.
The percentage of residents who report their race in Nashville is as follows:
|Black / African American||27.6%|
|American Indian / Alaskan Native||0.2%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Nashville? Or maybe you are searching for 55+ active adult communities in and/or near Nashville?
The percentage of residents who report their age in Nashville is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Nashville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Nashville.
How do you know that living in -- or moving to -- Nashville is right where you need to be? Perhaps you grew up in Nashville or already live nearby; therefore, the decision to buy a home in Nashville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Nashville for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Nashville:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Nashville.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Nashville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Nashville, meanwhile, can field multiple offers from more qualified buyers.
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