Nashville, NC—27856
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nashville, NC
As of Oct '25, the median home price in Nashville, NC is $248,000, with a year-over-year change of -2.5%. This indicates that home prices in Nashville, NC are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $248,000 | -2.5% |
| Single Family | $248,000 | -2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $158,000 | -6.5% |
3 Bed | $247,000 | -2.4% |
4 Bed | $321,000 | 0.3% |
| 5 Bed | $321,000 | -1.2% |
% of Housing Stock
Rental Trends — Nashville, NC
As of July '25, Rentcast reports the average rent in Nashville, NC is $1,520, with a year-over-year rent change of 22.6%. Per bedroom, the median rent as of July '25 in Nashville, NC is 2-bedrooms: $1,100, 3-bedrooms: $1,720, 4-bedrooms: $2,050. The most common rental property sizes in Nashville, NC are 3-bedroom and 2-bedroom, accounting for 41.9% and 40.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,520 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,150 | $1,100 |
| 3 Bed Rent | $1,640 | $1,720 |
| 4 Bed Rent | $2,000 | $2,050 |
% of Rental Stock
Property Listings — Nashville, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Nashville, NC is 78. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $337,000 | 1.0% |
Listing Count | 73 | 12.0% |
| Listings as % of Homes | 0.7% | 12.0% |
Days on Market | 78 | -6.0% |
Demographics — Nashville, NC
As of the latest ACS Survey released in 2023, Nashville, NC has a population of 17,000, which has increased by 3.1% over the past 5 years. Nashville, NC is a moderately popular place for families, as children make up 24.0% of the population. The area has a poorly educated workforce, with 21.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,000 | 3.1% |
% Under 18 | 24.0% | 29.0% |
% Seniors | 17.2% | -2.3% |
% WFH | 12.7% | 195.3% |
% w/ College Degree | 21.9% | 16.5% |
As of the latest ACS Survey released in 2023, Nashville, NC is a predominantly white area, with 56.8% of the population identifying as white. The white population has shrunk by 10.4% in the last 5 years. The second most common race or ethnicity in Nashville, NC is black, making up 34.3% of the population. Foreign-born residents account for 2.4% of the population in Nashville, NC, and this percentage has increased by 60.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 56.8% | -10.4% |
% Black | 34.3% | 7.5% |
% Hispanic | 3.7% | 23.3% |
% Asian | 0.4% | ∞% |
% Foreign Born | 2.4% | 60.0% |
Mortgage and Risk — Nashville, NC
According to HUD data as of 2023, there were 337 mortgage originations in Nashville, NC, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Nashville, NC. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 337 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Nashville, NC
Nashville, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 87 |
Total Units Section 8 | 87 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 84.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | -$60 | $1,150 | $1,090 |
| 3 Bedroom | -$150 | $1,640 | $1,490 |
| 4 Bedroom | -$280 | $2,000 | $1,720 |
Affordability — Nashville, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $248,000 |
| Median Household Income | $66,100 |