Is Nashville, NC 27856 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Nashville is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score41/ 100

More competitive than 40% of U.S. ZIP codes, and #133 of 424 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.5Under 4 months = seller’s market
Sold above original list17.1%Share of sales, last 3 months
Median sale-to-list98.9%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$162▲ +3.9% vs. last year

The Nashville housing market right now

In the three months ending August 31, 2026, 17% of homes in Nashville, NC 27856 sold above their list price, the typical home went under contract in 46 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 42 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 26%, homes sold more slowly (23 days then) and the median sale price rose 2% to $302,859. Overall, Nashville is less competitive than a year ago, which gives buyers more room.

Within Nash County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Nashville ranks #133 of 424 NC ZIP codes with enough sales (score 41 out of 100).

Nearby, buyers who want less competition could look at Rocky Mount 27804 (9% sold over asking) or Rocky Mount 27803 (9% sold over asking), while Middlesex 27557 (33% sold over asking) and Bailey 27807 (22% sold over asking) are even more competitive.

Nearby markets

Bailey 27807Balanced $143 /sq ftMiddlesex 27557Balanced $188 /sq ftRocky Mount 27803Balanced $129 /sq ftRocky Mount 27804Balanced $133 /sq ft Browse all markets →

Where Nashville is

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Questions about Nashville real estate

Is Nashville a buyer’s or seller’s market?

A balanced market: there were 4.5 months of supply in Nashville, NC 27856 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Nashville?

The typical home went under contract in 46 days in the latest three months.

Do homes in Nashville sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.

What are property taxes in Nashville?

About 0.71% of a home’s value a year in Nash County, or roughly $2,840 on a $400,000 home.

What is the median home price in Nashville?

The median sale price was $302,859 in the three months ending August 31, 2026, about $162 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology