Nashville, MI has an impressive housing market. The median value of homes is $174,600 which is much lower than the US median value of $338,100. As a result, Nashville offers great opportunities for homeowners who are looking for a deal. In addition, the 1 year house appreciation in Nashville is 10.54%, which is higher than the 8.27% national average. This indicates that there is potential for further appreciation in this market and that it may be a good investment opportunity. Overall, Nashville offers a diverse range of living options and continues to be an attractive location due to its low housing prices and potential for appreciation.
The median home cost in Nashville is $174,600. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Nashville is up 14.9%.
Average Age of Homes
- The median age of Nashville real estate is 78 years old
The Rental Market in Nashville
- Renters make up 37.1% of the Nashville population
- 1.7% of houses and apartments in Nashville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.