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Nashville Homes for Sale – November 2022 Update

November 17, 2022 by Larrybrewer3

Nashville HomeNashville homes for sale and October 2022 market report – Inventory levels are more than double what they were 12 months ago but the prices have remained elevated.

  • 2299 homes sold in Nashville during October of 2022 compared to 3209 for the same month last year a reduction of 39%
  • the median sales price for Nashville homes was $478,500 up from $429,900 last year, an increase of 11%
  • 7277 homes are available for purchase at the end of at end of October compared to 3385 last year an increase of 114%
  • the absorption rate based on October home sales and available inventory is three months
  • the average days on market for Nashville homes is now 39 days
  • 391 Nashville condos sold during the month compared to 593 for the same month last year
  • the median sales price of Nashville condos was $346,510 compared to $295,000 last year

Most experts believe that prices will flatten if interest rates remain elevated compared to the last 10 years, we can only make assumptions based on past history and what the Federal Reserve bank is forecasting. Homes are staying on the market longer and buyers have a better opportunity to find a home they love instead of trying to buy a home that has 10 bids on it already.

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information on this page is based on information on Nashville real estate per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area

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  • 2125 Powell Rd, Clarksville, TN
    2125 Powell Rd
    Clarksville, TN
    Photo of 2125 Powell Rd, Clarksville, TN 37043 (MLS # 2501153) Broker reciprocity icon
    $485,000
    • Lot Size
      30,057 sqft

    • Home Size
      2,594 sqft

    • Beds
      3 Beds

    • Baths
      3 Baths

    • Year Built
      2022

  • 167 Providence Road, Pelham, TN
    167 Providence Road
    Pelham, TN
    Photo of 167 Providence Road, Pelham, TN 37366 (MLS # 2501151) Broker reciprocity icon
    $399,900
    • Lot Size
      2.24 ac

    • Home Size
      1,861 sqft

    • Beds
      3 Beds

    • Baths
      3 Baths

    • Year Built
      2023

  • 235 Providence Road, Pelham, TN
    235 Providence Road
    Pelham, TN
    Photo of 235 Providence Road, Pelham, TN 37366 (MLS # 2501150) Broker reciprocity icon
    $349,900
    • Lot Size
      1.63 ac

    • Home Size
      1,300 sqft

    • Beds
      3 Beds

    • Baths
      2 Baths

    • Year Built
      2023

  • 1343 Riverbrook Dr, Hermitage, TN
    1343 Riverbrook Dr
    Hermitage, TN
    Photo of 1343 Riverbrook Dr, Hermitage, TN 37076 (MLS # 2501147) Broker reciprocity icon
    $330,000
    • Lot Size
      1,743 sqft

    • Home Size
      1,216 sqft

    • Beds
      2 Beds

    • Baths
      3 Baths

    • Year Built
      2012

  • 302 Greenwood St, Lewisburg, TN
    302 Greenwood St
    Lewisburg, TN
    Photo of 302 Greenwood St, Lewisburg, TN 37091 (MLS # 2501148) Broker reciprocity icon
    $213,900
    • Lot Size
      3,485 sqft

    • Home Size
      1,050 sqft

    • Beds
      3 Beds

    • Baths
      1 Bath

    • Year Built
      1935

  • 805 Wardlaw Ct, Brentwood, TN
    805 Wardlaw Ct
    Brentwood, TN
    Photo of 805 Wardlaw Ct, Brentwood, TN 37027 (MLS # 2501146) Broker reciprocity icon
    $615,700
    • Lot Size

    • Home Size
      2,629 sqft

    • Beds
      4 Beds

    • Baths
      3 Baths

    • Year Built
      2023

  • 4602 Stockard Rd, Culleoka, TN
    4602 Stockard Rd
    Culleoka, TN
    Photo of 4602 Stockard Rd, Culleoka, TN 38451 (MLS # 2501152) Broker reciprocity icon
    $525,000
    • Lot Size
      19.19 ac

    • Home Size
      2,021 sqft

    • Beds
      4 Beds

    • Baths
      2 Baths

    • Year Built
      2010

  • 2129 Powell Rd, Clarksville, TN
    2129 Powell Rd
    Clarksville, TN
    Photo of 2129 Powell Rd, Clarksville, TN 37043 (MLS # 2501145) Broker reciprocity icon
    $485,000
    • Lot Size
      24,830 sqft

    • Home Size
      2,602 sqft

    • Beds
      3 Beds

    • Baths
      3 Baths

    • Year Built
      2022

  • 1044 Jackson Mack Way #15, Gallatin, TN
    1044 Jackson Mack Way #15
    Gallatin, TN
    Photo of 1044 Jackson Mack Way #15, Gallatin, TN 37066 (MLS # 2501144) Broker reciprocity icon
    $554,900
    • Lot Size
      6,099 sqft

    • Home Size
      2,274 sqft

    • Beds
      4 Beds

    • Baths
      3 Baths

    • Year Built
      2023

  • 111 Savoy Cir, Nashville, TN
    111 Savoy Cir
    Nashville, TN
    Photo of 111 Savoy Cir, Nashville, TN 37205 (MLS # 2501142) Broker reciprocity icon
    $1,200,000
    • Lot Size
      10,019 sqft

    • Home Size
      3,306 sqft

    • Beds
      5 Beds

    • Baths
      5 Baths

    • Year Built
      1998

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(all data current as of 3/23/2023)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

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