Nashville, IN—47448
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nashville, IN
As of Oct '25, the median home price in Nashville, IN is $332,000, with a year-over-year change of 3.1%. This indicates that home prices in Nashville, IN are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $332,000 | 3.1% |
| Single Family | $337,000 | 3.4% |
| Condos | $230,000 | 7.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $255,000 | 5.4% |
2 Bed | $291,000 | 3.9% |
3 Bed | $375,000 | 3.6% |
4 Bed | $482,000 | 3.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Nashville, IN
As of July '25, Rentcast reports the average rent in Nashville, IN is $2,280, with a year-over-year rent change of 52.0%. Per bedroom, the median rent as of July '25 in Nashville, IN is 1-bedrooms: $1,630, 3-bedrooms: $2,000, 4-bedrooms: $4,500. The most common rental property sizes in Nashville, IN are 2-bedroom and 1-bedroom, accounting for 63.5% and 22.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,630 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | $4,500 | $4,500 |
% of Rental Stock
Property Listings — Nashville, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Nashville, IN is 46. This is a decrease of -22.0% 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 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $407,000 | -10.0% |
Listing Count | 63 | 16.0% |
| Listings as % of Homes | 0.9% | 16.0% |
Days on Market | 46 | -22.0% |
Demographics — Nashville, IN
As of the latest ACS Survey released in 2023, Nashville, IN has a population of 7,720, which has increased by 10.0% over the past 5 years. Nashville, IN is a moderately popular place for families, as children make up 17.8% of the population. The area has a moderately educated workforce, with 27.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,720 | 10.0% |
% Under 18 | 17.8% | 33.8% |
% Seniors | 27.9% | 1.8% |
% WFH | 10.7% | 48.6% |
% w/ College Degree | 27.9% | -11.4% |
As of the latest ACS Survey released in 2023, Nashville, IN is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Nashville, IN is hispanic, making up 1.1% of the population. Foreign-born residents account for 2.0% of the population in Nashville, IN, and this percentage has increased by 17.6% 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 | 94.9% | -1.7% |
% Black | 1.0% | 11.1% |
% Hispanic | 1.1% | -31.2% |
% Asian | 0.9% | 350.0% |
% Foreign Born | 2.0% | 17.6% |
Mortgage and Risk — Nashville, IN
According to HUD data as of 2023, there were 263 mortgage originations in Nashville, IN, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Nashville, IN. Investor activity is low, as 3.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 263 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Nashville, IN
Nashville, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 108 |
Total Units Section 8 | 108 |
% Rentals under Section 8 | 14.6% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $1,300 | $1,040 |
| 2 Bedroom | N/A | N/A | $1,220 |
| 3 Bedroom | -$410 | $2,000 | $1,590 |
| 4 Bedroom | -$2,580 | $4,500 | $1,920 |
Affordability — Nashville, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $332,000 |
| Median Household Income | $65,100 |