Home Values

Nashville Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$119,100

  • 0.3% 1-year change
  • 3.2% 1-year forecast

The median home value in Nashville is $119,100. Nashville home values have gone up 0.3% over the past year and Zillow predicts they will rise 3.2% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Nashville 5.5 homes are foreclosed (per 10,000). This is greater than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Nashville is 3.7%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Nashville homeowners underwater on their mortgage is 14.5%.

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Relative ZHVI
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Nashville Market Overview

Data through May 31, 2015
  • $119,100 ZHVI
  • 3.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • No data Median sale price
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Nashville Market Health

Data through May 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 14.5% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 3.7% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Red Oak $180,900
Bailey $126,200
Castalia $112,900
Name Median ZHVI
Middlesex $107,900
Bunn $105,600
Spring Hope $105,400
Name Median ZHVI
Rocky Mount $76,700
Whitakers $69,600
 

Listings & Sales

  • No data
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Nashville Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $824 Rocky Mount Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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