<h2>A Bird’s Eye View: Nashville’s Real Estate Trajectory</h2>
<p><a href="https://www.realtytrac.com/market-trends/nashville-tn/">Nashville, Tennessee</a>, the famed music city is humming a tune that’s catching the attention of real estate enthusiasts: a melody of rising property values and robust sales. The real estate scene here is a testament to its growing appeal, not just as a cultural hotspot but also as a vibrant market for homebuyers and investors alike.</p>
<h3 class="sc-fff60b4-3 bmIvnq">Nashville, TN Real Estate Market Overview</h3>
<div class="sc-d1a0c9c3-0 dNcHVF">
<div class="sc-d1a0c9c3-2 bOamMw">
<table class="sc-4b91b296-0 NvpMl">
<thead class="sc-4b91b296-3 QrbDO">
<tr class="sc-4b91b296-1 kcFJPr">
<th class="sc-4b91b296-4 jDLFWw">Zip</th>
<th class="sc-4b91b296-4 jDLFWw">Median Est. Value</th>
<th class="sc-4b91b296-4 jDLFWw">Zip</th>
<th class="sc-4b91b296-4 jDLFWw">Median Est. Value</th>
</tr>
</thead>
<tbody class="sc-4b91b296-2 xbjXs">
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/nashville-tn-37207/">37207</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 452,805</p>
<p class="sc-4b91b296-7 gkIasT">$ 267/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/nashville-tn-37212/">37212</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 1,095,000</p>
<p class="sc-4b91b296-7 gkIasT">$ 440/sqft</p>
</td>
</tr>
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/nashville-tn-37211/">37211</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 438,012</p>
<p class="sc-4b91b296-7 gkIasT">$ 260/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/nashville-tn-37203/">37203</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 973,245</p>
<p class="sc-4b91b296-7 gkIasT">$ 388/sqft</p>
</td>
</tr>
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/nashville-tn-37221/">37221</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 544,732</p>
<p class="sc-4b91b296-7 gkIasT">$ 231/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/nashville-tn-37220/">37220</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 909,202</p>
<p class="sc-4b91b296-7 gkIasT">$ 395/sqft</p>
</td>
</tr>
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/nashville-tn-37216/">37216</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 562,377</p>
<p class="sc-4b91b296-7 gkIasT">$ 334/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/nashville-tn-37201/">37201</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 517,448</p>
<p class="sc-4b91b296-7 gkIasT">$ 732/sqft</p>
</td>
</tr>
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/nashville-tn-37209/">37209</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 625,000</p>
<p class="sc-4b91b296-7 gkIasT">$ 340/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/nashville-tn-37219/">37219</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 446,358</p>
<p class="sc-4b91b296-7 gkIasT">$ 842/sqft</p>
</td>
</tr>
</tbody>
</table>
</div>
</div>
<p>A look at the average property values in Nashville reflects a consistently rising trend. In early 2024, we witnessed these numbers hitting a high note with average values peaking at around $424,975 in January. Although there’s been a slight modulation with values dipping to an average of $419,900 in March, the overall melody is upbeat, indicating a sustained increase when we look at the big picture.</p>
<p>Sale prices and the average sale price per square foot harmonize well with property values, maintaining the upward trend. We see the average sale price scaling up to $467,972 in March, and although this is a step down from the crescendo of $508,253 in January, it’s still well above the figures from earlier months in 2023. Similarly, the average sale price per square foot in March hits $298, suggesting a strong market despite a decrease from January’s high of about $323.</p>
<p>This data underscores a buoyant real estate market in Nashville, where although fluctuations are part of the rhythm, the city’s property pulse remains vigorous and promising.</p>
<h2>Comparing Nashville with Its Neighbors</h2>
<p>The real estate melody in Nashville carries decidedly different tones when compared to its neighboring cities. Madison, TN, presents more modest numbers, with average values sitting at around $267,700 in March 2024—a clear contrast to Nashville’s crescendo. This makes Madison an interesting alternative for those seeking affordability within proximity to the city’s vibrancy.</p>
<p>Conversely, Brentwood strikes a note of exclusivity with considerably higher average values of about $874,000 in the same time frame. This posh area is clearly hitting the high notes in terms of investment and luxury living. It’s an exemplary reflection of how various factors like location, amenities, and community stature can play harmonious or contrasting roles in determining property values.</p>
<p>Zooming in within Nashville itself reveals a diversified real estate landscape. A single zip code can change the tune dramatically, as seen when comparing the average values in areas such as 37207, with an average value of approximately $364,950, to the more affluent 37215, where average values soar to around $1,195,000. The disparity indicates a segmented market within the city, allowing for diverse options in lifestyle and investment.</p>
<h2>The Nashville Real Estate Market at Present</h2>
<p>March 2024 serves as our latest snapshot of <a href="https://www.realtytrac.com/nashville-tn/for-sale/">Nashville’s real estate market</a>. With the market showing great vitality, the city boasts an average value of around $419,900, which is noteworthy despite being slightly on a downward trend. The rich rhythm of sales further demonstrates the market’s health, with a total of 4,261 properties sold.</p>
<h4 class="sc-fff60b4-3 bmIvnq">Housing Market Summary for Nashville, TN</h4>
<table class="sc-7568d94b-0 lffsHh">
<thead class="sc-7568d94b-1 fnNaKO">
<tr class="sc-7568d94b-4 fHMrnc">
<th class="sc-7568d94b-2 hTsliE"></th>
<th class="sc-7568d94b-2 hTsliE">Apr 2023</th>
<th class="sc-7568d94b-2 hTsliE">March 2024</th>
<th class="sc-7568d94b-2 hTsliE">Change</th>
</tr>
</thead>
<tbody class="sc-7568d94b-3 jhbPdf">
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Median Listing Price</td>
<td class="sc-7568d94b-5 eqHQXK">$424.9K</td>
<td class="sc-7568d94b-5 eqHQXK">$468K</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf postive">10.14%</span></td>
</tr>
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Median Sold Price</td>
<td class="sc-7568d94b-5 eqHQXK">$480.3K</td>
<td class="sc-7568d94b-5 eqHQXK">$468K</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf negative">-2.57%</span></td>
</tr>
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Homes For Sale</td>
<td class="sc-7568d94b-5 eqHQXK">693</td>
<td class="sc-7568d94b-5 eqHQXK">603</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf negative">-12.99%</span></td>
</tr>
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Homes Sold</td>
<td class="sc-7568d94b-5 eqHQXK">4,934</td>
<td class="sc-7568d94b-5 eqHQXK">4,261</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf negative">-13.64%</span></td>
</tr>
</tbody>
</table>
<p>Neighboring areas offer additional textures to the regional market landscape. Madison’s more approachable pricing results in an average sale price of around $325,447, with a considerable 277 properties sold in March 2024. Less numerous in transactions yet significant in market value are Brentwood’s figures, featuring an impressive average sale price of around $1,092,078 from 534 sales.</p>
<figure id="attachment_25583" aria-describedby="caption-attachment-25583" style="width: 1459px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" class="size-full wp-image-25583" src="https://nicautomation.wpengine.com/wp-content/uploads/2024/05/Homes-for-sale-Nashville-TN-April-2024.png" alt="Homes for sale Nashville TN April 2024" width="1459" height="626" /><figcaption id="caption-attachment-25583" class="wp-caption-text">Homes for sale Nashville TN April 2024</figcaption></figure>
<p>Other locales provide more notes to the Nashville area’s real estate symphony. Whites Creek exhibits an average value of about $317,500 with 37 properties sold. Old Hickory’s real estate beat goes on with an average value of around $375,000 and 232 properties changing hands. Lastly, Antioch plays a distinctive tune with an average value of roughly $304,450, along with a healthy number of transactions amounting to 491 sold properties.</p>
<p>These figures provide a sound understanding of the robust and layered real estate market that Nashville boasts. With each neighborhood playing a different tune, buyers and investors can orchestrate their real estate endeavors to a rhythm that best suits their tempo and investment style. The numbers don’t lie; Nashville’s real estate market is indeed a melody that resonates with growth and opportunity.</p>


Market Reports

Nashville Real Estate Report: Average Values Rise to $419,900 in March 2024

Nashville’s real estate market displays continuous growth and robust sales, with surrounding areas offering diverse options for investment and lifestyle.

Nashville Real Estate Report: Average Values Rise to $419,900 in March 2024 - RealtyTrac

https://www.realtytrac.com/wp-content/uploads/2024/05/Real-Estate-Report-Nashville-TN-April-2024-1.png

Resource

RealtyTrac

Manuel is an expert in all things real estate, including buying and flipping homes.

https://secure.gravatar.com/avatar/bde61d121d9d8df1cdb5a8525b1cb5c6?s=96&d=mm&r=g

Manuel Martinez

California

<p>Sacramento’s real estate market is exhibiting some <a href="https://www.realtytrac.com/market-trends/sacramento-ca/">interesting trends</a> that merit attention from prospective buyers, sellers, and investors alike. One of the key observations our recent RealtyTrac property data is a marked decline in the average sold price per square foot, dipping from April 2024 to May 2023. This trend could signal a cooling period, where property prices are becoming more buyer-friendly, possibly leading to increased market activity as properties become more affordable.</p>
<p>See out <a href="https://www.realtytrac.com/resources/sacramento-property-market-sees-home-values-grow-12/">previous report on Sacrament from February</a> this year.</p>
<p><strong>Here is a snapshot of current values compared to last year</strong></p>
<table class="sc-7568d94b-0 lffsHh">
<thead class="sc-7568d94b-1 fnNaKO">
<tr class="sc-7568d94b-4 fHMrnc">
<th class="sc-7568d94b-2 hTsliE"></th>
<th class="sc-7568d94b-2 hTsliE">May 2023</th>
<th class="sc-7568d94b-2 hTsliE">April 2024</th>
<th class="sc-7568d94b-2 hTsliE">Change</th>
</tr>
</thead>
<tbody class="sc-7568d94b-3 jhbPdf">
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Median Listing Price</td>
<td class="sc-7568d94b-5 eqHQXK">$389.4K</td>
<td class="sc-7568d94b-5 eqHQXK">$478.3K</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf postive">22.82%</span></td>
</tr>
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Median Sold Price</td>
<td class="sc-7568d94b-5 eqHQXK">$473.3K</td>
<td class="sc-7568d94b-5 eqHQXK">$478.3K</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf postive">1.06%</span></td>
</tr>
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Homes For Sale</td>
<td class="sc-7568d94b-5 eqHQXK">162</td>
<td class="sc-7568d94b-5 eqHQXK">146</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf negative">-9.88%</span></td>
</tr>
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Homes Sold</td>
<td class="sc-7568d94b-5 eqHQXK">6,149</td>
<td class="sc-7568d94b-5 eqHQXK">6,302</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf postive">2.49%</span></td>
</tr>
</tbody>
</table>
<p>Throughout the previous year, the average value of properties in the region has been experiencing modest fluctuations. This period was characterized by a decrease leading up to December 2023, with minor rebounds noted during the early months of 2024, before a subsequent decline in April. Despite these variations in price, the property count has remained quite stable, suggesting that while pricing has changed, the supply of properties in the market has not experienced a significant shift.</p>
<p>The <a href="https://www.realtytrac.com/sacramento-ca/sold/">volume of sold homes</a> has seen a substantial downturn since October 2023, climaxing in April 2024. This suggests a dampening of sales activity which might be attributed to various factors including economic conditions or shifts in housing demand.</p>
<p>Surrounding cities present contrasting scenarios:</p>
<ul>
<li>Carmichael experienced an increase in average sold price per square foot, potentially indicative of heightened demand or desirability in the area. In contrast, North Highlands witnessed a rise in average sale prices against a backdrop of decreasing property values, presenting an intriguing case of market dynamics.</li>
<li>Fair Oaks showcase a higher average sale price relative to other neighborhoods, solidifying its status as a more upscale market segment. Conversely, Rancho Cordova’s property values saw a noteworthy ascent during the early portion of 2024.</li>
</ul>
<p>This analysis underlines a few central points to be mindful of when engaging with the <a href="https://www.realtytrac.com/sacramento-ca/for-sale/">Sacramento housing market</a>: pricing per square footage is in decline, sales volumes have dipped, and neighboring areas are exhibiting diverse trends worthy of individual consideration.</p>
<h2>Current State of Sacramento’s Real Estate Market</h2>
<p>As of April 2024, Sacramento’s real estate market is characterized by an average property value of $409,451 and an average price per square foot of $289. Despite the broader trends of cooling prices, the average sale price has reached about $478,331, with an average sold price per square foot valued at $329. Over the noted period, a total of 6,302 properties have exchanged hands, underlining a significant volume of transactions despite the observed slowdown in the number of properties sold.</p>
<h3 class="sc-fff60b4-3 bmIvnq">Overview of nearby zip codes and average house values</h3>
<div class="sc-d1a0c9c3-0 dNcHVF">
<div class="sc-d1a0c9c3-2 bVwdRO">
<table class="sc-4b91b296-0 NvpMl">
<thead class="sc-4b91b296-3 QrbDO">
<tr class="sc-4b91b296-1 kcFJPr">
<th class="sc-4b91b296-4 jDLFWw">Zip</th>
<th class="sc-4b91b296-4 jDLFWw">Median Est. Value</th>
<th class="sc-4b91b296-4 jDLFWw">Zip</th>
<th class="sc-4b91b296-4 jDLFWw">Median Est. Value</th>
</tr>
</thead>
<tbody class="sc-4b91b296-2 xbjXs">
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95818/">95818</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 741,000</p>
<p class="sc-4b91b296-7 gkIasT">$ 404/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95815/">95815</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 327,500</p>
<p class="sc-4b91b296-7 gkIasT">$ 342/sqft</p>
</td>
</tr>
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95838/">95838</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 374,999</p>
<p class="sc-4b91b296-7 gkIasT">$ 277/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95829/">95829</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 541,200</p>
<p class="sc-4b91b296-7 gkIasT">$ 306/sqft</p>
</td>
</tr>
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95821/">95821</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 743,900</p>
<p class="sc-4b91b296-7 gkIasT">$ 373/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95826/">95826</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 581,400</p>
<p class="sc-4b91b296-7 gkIasT">$ 394/sqft</p>
</td>
</tr>
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95820/">95820</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 417,500</p>
<p class="sc-4b91b296-7 gkIasT">$ 376/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95824/">95824</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 361,750</p>
<p class="sc-4b91b296-7 gkIasT">$ 337/sqft</p>
</td>
</tr>
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95823/">95823</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 430,750</p>
<p class="sc-4b91b296-7 gkIasT">$ 321/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95833/">95833</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 633,250</p>
<p class="sc-4b91b296-7 gkIasT">$ 287/sqft</p>
</td>
</tr>
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95828/">95828</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 469,950</p>
<p class="sc-4b91b296-7 gkIasT">$ 316/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95816/">95816</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 549,250</p>
<p class="sc-4b91b296-7 gkIasT">$ 466/sqft</p>
</td>
</tr>
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95835/">95835</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 557,750</p>
<p class="sc-4b91b296-7 gkIasT">$ 295/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95817/">95817</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 513,111</p>
<p class="sc-4b91b296-7 gkIasT">$ 412/sqft</p>
</td>
</tr>
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95822/">95822</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 393,700</p>
<p class="sc-4b91b296-7 gkIasT">$ 363/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95811/">95811</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 774,500</p>
<p class="sc-4b91b296-7 gkIasT">$ 453/sqft</p>
</td>
</tr>
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95825/">95825</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 566,600</p>
<p class="sc-4b91b296-7 gkIasT">$ 379/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95864/">95864</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 798,850</p>
<p class="sc-4b91b296-7 gkIasT">$ 377/sqft</p>
</td>
</tr>
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95842/">95842</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 475,900</p>
<p class="sc-4b91b296-7 gkIasT">$ 331/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95832/">95832</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 426,170</p>
<p class="sc-4b91b296-7 gkIasT">$ 299/sqft</p>
</td>
</tr>
<tr class="sc-4b91b296-1 kcFJPr">
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95834/">95834</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 517,000</p>
<p class="sc-4b91b296-7 gkIasT">$ 314/sqft</p>
</td>
<td class="sc-4b91b296-5 eMzjte"><a class="sc-4b91b296-8 bAFlV" href="https://www.realtytrac.com/market-trends/sacramento-ca-95814/">95814</a></td>
<td class="sc-4b91b296-5 eMzjte">
<p class="sc-4b91b296-6 hyyJXK">$ 2,099,000</p>
<p class="sc-4b91b296-7 gkIasT">$ 1,210/sqft</p>
</td>
</tr>
</tbody>
</table>
</div>
</div>
<p>In Carmichael, we observe an average property value of $400,000, paired with a lower average price per square foot of $250 when compared with Sacramento. However, the average sale price in Carmichael stands higher at $599,600, suggesting buyers are willing to invest more in this locale. The average sold price per square foot here is $343—a stark contrast to the city’s lower average price per square foot—a sign of specific neighborhoods or property types fetching premium prices. The total property sold count is 535, indicating a relatively active market.</p>
<p>North Highlands presents a more modest average property value of $314,950 but surprisingly boasts a higher average sold price per square foot of $325 compared to its average price per square foot of $226, which could reflect specific pockets of high demand within this location. This area has seen 241 properties sold, offering an interesting niche for real estate exploration.</p>
<p>In comparison, Rio Linda maintains a steady average sold price per square foot around $319, showing consistency in its market with an average value sitting at $315,000. This area has seen a smaller number of transactions, with 125 properties sold, likely due to its limited property count.</p>
<p>The Fair Oaks market stands out with a high average property value of $569,900 and a sizable average sale price of $615,900. Its average sold price per square foot is $335, and with a volume of 461 properties sold, the data suggests a consistent draw for a more affluent buyer segment.</p>
<p>Rancho Cordova’s market analysis showcases an increasing trend in property values, reaching an average of $499,900, with an average price per square foot of $272. The average sale price in this area is up at $532,934, and the average sold price per square foot reflects a competitive $303, demonstrating a strong appeal with 662 properties sold.</p>
<p>These figures encapsulate the pulse of Sacramento’s real estate landscape and its neighboring areas. The data points highlight varying degrees of market strength and demand that could inform buying and selling decisions moving forward.</p>


Market Trend Report For Bakersfield, California – March 2024

Stockton Housing Market Comparably Affordable Amid Rising California Prices – January 2024 Report

Sacramento Property Values Cool in April 2024 Amid Varied Neighboring City Markets

The post explores Sacramento’s real estate trends, highlighting a declining average price per square foot and dampening sales volumes.

Sacramento Property Values Cool in April 2024 Amid Varied Neighboring City Markets - RealtyTrac

https://www.realtytrac.com/wp-content/uploads/2024/05/Sacramento-California.png

Investing Strategies

<p>As we have seen in our <a href="https://www.realtytrac.com/resources/market-reports/">latest market reports</a>, real estate markets tend to fluctuate, and Kansas City, Missouri, is no exception. As we move through April 2024, the average property values in the city show signs of modest volatility. Over the past year, homeowners and investors have seen house prices ebb and flow, with property values peaking mid-2023. As of today, the average value of a property in Kansas City is around $253k, marking a subtle uptick from the previous month. The average value per square foot also aligns with this slightly upward trajectory, at $154.</p>
<p><strong>YoY view of property values</strong></p>
<p>As we can see, average listing prices have dropped -10% from 2023.</p>
<table class="sc-7568d94b-0 lffsHh">
<thead class="sc-7568d94b-1 fnNaKO">
<tr class="sc-7568d94b-4 fHMrnc">
<th class="sc-7568d94b-2 hTsliE"></th>
<th class="sc-7568d94b-2 hTsliE">May 2023</th>
<th class="sc-7568d94b-2 hTsliE">April 2024</th>
<th class="sc-7568d94b-2 hTsliE">Change</th>
</tr>
</thead>
<tbody class="sc-7568d94b-3 jhbPdf">
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Median Listing Price</td>
<td class="sc-7568d94b-5 eqHQXK">$260K</td>
<td class="sc-7568d94b-5 eqHQXK">$233.4K</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf negative">-10.23%</span></td>
</tr>
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Median Sold Price</td>
<td class="sc-7568d94b-5 eqHQXK">$226.6K</td>
<td class="sc-7568d94b-5 eqHQXK">$233.4K</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf postive">3.00%</span></td>
</tr>
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Homes For Sale</td>
<td class="sc-7568d94b-5 eqHQXK">998</td>
<td class="sc-7568d94b-5 eqHQXK">1,172</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf postive">17.43%</span></td>
</tr>
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Homes Sold</td>
<td class="sc-7568d94b-5 eqHQXK">5,319</td>
<td class="sc-7568d94b-5 eqHQXK">4,932</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf negative">-7.28%</span></td>
</tr>
</tbody>
</table>
<p>The average sale price of homes stands at $233,4k  with an average sale price per square foot of $175.</p>
<p>The number of homes of sales have grown to 1,172:</p>
<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-25624" src="https://nicautomation.wpengine.com/wp-content/uploads/2024/05/Homes-for-sale-in-Kansas-City-May-2024.png" alt="" width="1451" height="620" /></p>
<h3>Comparative Market Analysis</h3>
<p>Next, let’s take a look at the nearby cites.</p>
<p>In Riverside, MO, average values sit at $440,000 and an the average sale price is $333,900. The average value per square foot in Riverside is $161, and for the sale price per square foot, it’s notably higher at $217. However, it’s worth mentioning that are only 3 homes for sale at present.</p>
<p>Independence, MO, presents as a more accessible market, with average values sitting at $214,975 and an average sale price at $186,530. The affordability extends to values per square foot, with the average value at $130 compared to $155 for average sale price per square foot. With a property count of 236 and a considerably higher sold count of 1,324, Independence depicts a more bustling market environment, potentially offering more opportunities for buyers and sellers alike.</p>
<p>The real estate terrain across these cities shows the variability in market appeal and accessibility. Riverside’s premium pricing points to a niche market segment that, while smaller in scale, commands a higher monetary threshold. In contrast, Kansas City’s market indicates steady demand with a balance of incoming and outgoing properties, while Independence signals a more vibrant, buyer-friendly marketplace.</p>
<h2>Understanding the Current Market</h2>
<p><a href="https://nicautomation.wpengine.com/resources/kansas-city-mo-real-estate-growth-2023/">Kansas City’s trajectory</a>, with generally forward-moving average house values, prompts consideration of its stability and growth potential. The market here is neither surging uncontrollably nor stalling trepidously—it’s cautiously pacing ahead.</p>
<p><a href="https://www.realtytrac.com/resources/home-buying/">Investors and homebuyers</a> examining the latest trends need to consider not just the numerical fluctuations but also what lies beneath them. Decreasing property listings and slowly sliding sold counts can often be interpreted as a gradual shift in market sentiment—potentially towards a seller’s market as supply constraints emerge or, conversely, as a sign of buyer hesitancy in the face of economic uncertainties.</p>
<p>To sum up, Kansas City’s real estate market doesn’t exist in isolation. Its fluctuations, when observed in concert with nearby markets such as Riverside and Independence, provide a comprehensive landscape view, suggesting diverse opportunities tailored to varied investment appetites and lifestyle aspirations.</p>


Kansas City Property Values Edge Upward in April 2024 Amid Market Flux

Kansas City’s real estate market is cautiously progressing with slight increases in property values, despite a decrease in listings and sales suggesting a possible market cooling.

Kansas City Property Values Edge Upward in April 2024 Amid Market Flux - RealtyTrac

https://www.realtytrac.com/wp-content/uploads/2024/05/Missouri-Market-Report.png

Texas

<h2>Recent Real Estate Market Trends in San Antonio</h2>
<p>Below is snapshot of the real estate landscape of San Antonio, TX. There was a decline in property values from February 2024 to March 2024. However, there was a small increase in January, suggesting that while the market is not taking significant leaps, it is undeniably dynamic. These fluctuations are modest yet indicative, pointing toward mild uncertainties or adjustments in the housing market.</p>
<table class="sc-7568d94b-0 lffsHh">
<thead class="sc-7568d94b-1 fnNaKO">
<tr class="sc-7568d94b-4 fHMrnc">
<th class="sc-7568d94b-2 hTsliE">Apr 2023</th>
<th class="sc-7568d94b-2 hTsliE">March 2024</th>
<th class="sc-7568d94b-2 hTsliE">Change</th>
</tr>
</thead>
<tbody class="sc-7568d94b-3 jhbPdf">
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Median Listing Price</td>
<td class="sc-7568d94b-5 eqHQXK">$309.8K</td>
<td class="sc-7568d94b-5 eqHQXK">$254.6K</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf negative">-17.82%</span></td>
</tr>
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Median Sold Price</td>
<td class="sc-7568d94b-5 eqHQXK">$270.5K</td>
<td class="sc-7568d94b-5 eqHQXK">$254.6K</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf negative">-5.87%</span></td>
</tr>
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Homes For Sale</td>
<td class="sc-7568d94b-5 eqHQXK">2,496</td>
<td class="sc-7568d94b-5 eqHQXK">2,967</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf postive">18.87%</span></td>
</tr>
<tr class="sc-7568d94b-4 fHMrnc">
<td class="sc-7568d94b-5 sc-7568d94b-6 eqHQXK bfejLS">Homes Sold</td>
<td class="sc-7568d94b-5 eqHQXK">13,082</td>
<td class="sc-7568d94b-5 eqHQXK">12,136</td>
<td class="sc-7568d94b-5 eqHQXK"><span class="sc-7568d94b-7 kxsCqf negative">-7.23%</span></td>
</tr>
</tbody>
</table>
<p>The real estate market is often influenced by various factors that include economic changes, interest rates, local job growth, and buyer sentiment, among others. With the average property value reflecting a downward trend leading up to January 2024 but showing slight stability afterward, one could infer that while the market did face adjustments, it retains a degree of resilience against broader economic shifts.</p>
<p>Meanwhile, the <a href="https://www.realtytrac.com/market-trends/san-antonio-tx/">average sale price</a> per square foot offers a different perspective on the market’s trajectory. From April 2023 to March 2024, this metric observed a general uptrend, signifying that properties, despite overall average sale price variability, could be garnering higher prices on a per square foot basis. This is significant as it points to the potential that even if the overall sale prices are not skyrocketing, the intrinsic value of the real estate could be appreciated, which could be an attractive feature for investors and homeowners alike.</p>
<figure id="attachment_25567" aria-describedby="caption-attachment-25567" style="width: 1445px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" class="size-full wp-image-25567" src="https://nicautomation.wpengine.com/wp-content/uploads/2024/04/Real-Estate-Report-San-Antonio-Texas-April-2024-Homes-for-sale.png" alt="Real Estate Report San Antonio Texas, April 2024 Homes for sale" width="1445" height="608" /><figcaption id="caption-attachment-25567" class="wp-caption-text">Real Estate Report San Antonio Texas, April 2024 Homes for sale</figcaption></figure>
<p>The sales volume also presents an interesting dimension to the market analysis, with the number of properties sold showing a decline from October 2023 to March 2024. This trend could be interpreted as a cooling off within the market, possibly owing to seasonal trends or due to buyers and sellers adopting a wait-and-see approach amidst changing conditions.</p>
<p>In summary, the San Antonio real estate market as of early 2024 is demonstrating a complex blend of stability with slight declines in average value, increases in value per square foot, and a decrease in selling volume, painting a multifaceted picture for potential buyers and sellers.</p>
<h2>Comparative Analysis: San Antonio and Nearby Cities</h2>
<p>Helotes, TX stands out with higher average property values and sale prices in comparison to both Von Ormy, TX and Converse, TX. In March 2024, Helotes’ average property value stood at a noteworthy $440,000 with a sale price per square foot matching this premium value at $177. Such figures may indicate a more upscale market, possible higher demand, or a cluster of properties that feature amenities or benefits that amplify their appeal.</p>
<p><a href="https://www.realtytrac.com/market-trends/von-ormy-tx/">Von Ormy</a>, TX presents more modest figures, commanding an average value of $275,000 and an inconspicuous per square foot price of $175. Despite a high per square foot price, the lower overall value and property count signify a smaller market, potentially with fewer amenities or less demand.</p>
<p>Converse, TX, with an average value of $279,000 and a lower per square foot price of $141, aligns more closely to Von Ormy than to the affluent Helotes. Universal City, TX, offers some balance between these extremes, having an average value of $276,750 and a per square foot price of $155, signaling a real estate market possibly positioned between the affordability of Converse and the exclusivity of Helotes.</p>
<p>These divergences in market profiles reflect the nuanced nature of real estate, where each city or even neighborhood can manifest its unique set of attributes, contributing to the overall diversity of the region’s housing landscape. Such a comparative analysis also aids potential buyers in quantifying their choices based on affordability, lifestyle preferences, and investment potential.</p>
<h2>Understanding Market Dynamics: San Antonio’s Active Market</h2>
<p>When zeroing in on the more immediate activities in San Antonio’s active market, the median sale price has become a critical indicator of market movement over time. Notably, there’s a downward stretch in this metric over a 6-month period when compared to a longer 12-month period. This trend could be signaling a recent dip in market prices or perhaps a shift in the types of properties that are entering the market—potentially less expensive units, or a greater proportion of sales occurring in less affluent neighborhoods.</p>
<p>The consequences of such market dynamics could be multifaceted. For homeowners, this could represent a possible decrease in their property’s relative value or a cue to hold off on selling. For buyers, on the other hand, this scenario might open up more negotiable price points or an invitation to enter the market while the conditions are favorable.</p>
<p>As of March 2024, San Antonio’s real estate figures paint a comprehensive picture: with an average value of approximately $301,000, a per square foot value of $167, and an average sale price at around $255,000. Given that the per square foot sale price value is at $159 and considering the property sold count, there’s evidence of a significant amount of market activity despite any downward trends in prices. These numbers are not just cold statistics but indicators of the pulse of the city’s real estate market—a market that is rich in variety and opportunity, responsive to external factors, and reflective of the aspirations and financial calculations of a diverse population.</p>


San Antonio Real Estate Market Report – April 2024

The San Antonio real estate market in 2024 is experiencing a slight decline in average property values, an increase in value per square foot, and a decrease in sales volume.

San Antonio Real Estate Market Report – April 2024 - RealtyTrac

https://www.realtytrac.com/wp-content/uploads/2024/04/Real-Estate-Report-San-Antonio-Texas-April-2024.png

Zip	Median Est. Value	Zip	Median Est. Value
37207	$ 452,805 $ 267/sqft	37212	$ 1,095,000 $ 440/sqft
37211	$ 438,012 $ 260/sqft	37203	$ 973,245 $ 388/sqft
37221	$ 544,732 $ 231/sqft	37220	$ 909,202 $ 395/sqft
37216	$ 562,377 $ 334/sqft	37201	$ 517,448 $ 732/sqft
37209	$ 625,000 $ 340/sqft	37219	$ 446,358 $ 842/sqft