Nashville's Home Market Analyzed: Zillow Reveals The Trends And Patterns

Verkkothe average home value in nashville, tn is $432,956, up 1. 0% over the past year.

Learn more about the nashville housing market and real estate trends.

Verkkozillow says homes in nashville are now worth a total of $267 billion, making nashville the 29th most valuable out of the 50 largest u. s.

Verkkoduring 2020, there were 44,148 closings in the greater nashville region.

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This was a 7. 64% increase from the 41,016 closings the year prior.

Following the election year, home closings were 46,321.

Verkkoaccording to data from greater nashville realtors®, may 2024 saw a modest yet encouraging 2 percent increase in home closings, totaling 3,509, compared to 3,436 closings in may 2023.

Examining the numbers more closely reveals a nuanced picture of the current market.

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Verkkonashville rents are on a similar trajectory as home prices, up over 5% compared to the previous year but steadily trending downward, per the zillow observed rent index.

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The current median rent (as.

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