Is Nashville, IN 47448 a buyer’s or seller’s market?
Nashville is a seller’s market. With about 3.8 months of supply and 11% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 16% of U.S. ZIP codes, and #296 of 306 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
The Nashville housing market right now
In the three months ending August 31, 2026, 11% of homes in Nashville, IN 47448 sold above their list price, the typical home went under contract in 65 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 39 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (27 days then) and the median sale price rose 2% to $356,846. Overall, Nashville is less competitive than a year ago, which gives buyers more room.
On our competition score, Nashville ranks #296 of 306 IN ZIP codes with enough sales (score 22 out of 100).
Nearby, Morgantown 46160 (31% sold over asking) is even more competitive.
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Nearby markets
Morgantown 46160Seller’s market $187 /sq ftNineveh 46164Seller’s market $238 /sq ft Browse all markets →Towns like Nashville nearby
Find towns like Nashville in other states →Where Nashville is
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Questions about Nashville real estate
Is Nashville a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Nashville, IN 47448 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 65 days in the latest three months.
Do homes in Nashville sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.
What are property taxes in Nashville?
About 0.44% of a home’s value a year in Brown County, or roughly $1,760 on a $400,000 home.
What is the median home price in Nashville?
The median sale price was $356,846 in the three months ending August 31, 2026, about $196 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