Nashville Foreclosures

Nashville has a small foreclosure market compared to the rest of the United States but the savvy buyer can still find a bargain here.

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Nashville Foreclosures

As the rest of the United States sees the real estate markets suffering from the impact of the credit crunch and the sub prime mortgage collapse, Nashville is not entirely immune.

Nashville TN Foreclosures

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $500,000 - $600,000
Price, High to Low
20 Properties Found.
Home for sale in 2803 Hemingway Dr Nashville, TN
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  • Price: $531,000 ($303/sq. ft.)
  • 2803 Hemingway Dr
  • City: Nashville
  • Subdivision: Tyne Meade
  • County: Davidson County
  • Beds: 4
  • Baths:
  • Type: Residential
  • Elementary School: Percy Priest Elementary
  • Middle School: John T. Moore Middle School
  • High School: Hillsboro Comp High School
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Residential Real Estate for sale in Nashville, TN
1 of 13 images
  • Price: $389,900 ($223/sq. ft.)
  • 809 Saussy Ct
  • City: Nashville
  • Subdivision: Woods Of West Meade
  • County: Davidson County
  • Beds: 5
  • Baths:
  • Type: Residential
  • Elementary School: Gower Elementary
  • Middle School: H G Hill Middle School
  • High School: Hillwood Comp High School
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Nashville Real Estate - Residential for sale
1 of 15 images
  • Price: $382,500 ($219/sq. ft.)
  • 604 Valley Trace Ct
  • City: Nashville
  • Subdivision: Harpeth Trace Estates
  • County: Davidson County
  • Beds: 4
  • Baths: 3
  • Type: Residential
  • Elementary School: Westmeade Elementary
  • Middle School: Bellevue Middle School
  • High School: Hillwood Comp High School
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 Residential for Sale in Brook Meade
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  • Price: $254,900 ($146/sq. ft.)
  • 927 Rodney Dr
  • City: Nashville
  • Subdivision: Brook Meade
  • County: Davidson County
  • Beds: 4
  • Baths: 3
  • Type: Residential
  • Elementary School: Gower Elementary
  • Middle School: H G Hill Middle School
  • High School: Hillwood Comp High School
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Photo for MLS 1567790 in 2600 Hillsboro Pike Apt 130 Nashville, TN - 37212
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  • Price: $239,000 ($137/sq. ft.)
  • 2600 Hillsboro Pike Apt 130
  • City: Nashville
  • Subdivision: The Enclave At Hillsboro
  • County: Davidson County
  • Beds: 1
  • Baths: 1
  • Type: Condominium
  • Elementary School: Eakin Elementary
  • Middle School: West End Middle School
  • High School: Hillsboro Comp High School
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Photo for MLS 1594737 in 7277 Charlotte Pike Unit 102 Nashville, TN - 37209
1 of 20 images
  • Price: $219,900 ($126/sq. ft.)
  • 7277 Charlotte Pike Unit 102
  • City: Nashville
  • Subdivision: West park
  • County: Davidson County
  • Beds: 3
  • Baths:
  • Type: Condominium
  • Elementary School: Gower Elementary
  • Middle School: H G Hill Middle School
  • High School: Hillwood Comp High School
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Photo for MLS 1555030 in 8033 Settlers Way Nashville, TN - 37221
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  • Price: $205,500 ($117/sq. ft.)
  • 8033 Settlers Way
  • City: Nashville
  • Subdivision: Boone Trace At Biltmore
  • County: Davidson County
  • Beds: 3
  • Baths:
  • Type: Residential
  • Elementary School: Gower Elementary
  • Middle School: H G Hill Middle School
  • High School: Hillwood Comp High School
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Photo for MLS 1596599 in 3533 Wood Bridge Dr Nashville, TN - 37217
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  • Price: $150,000 ($86/sq. ft.)
  • 3533 Wood Bridge Dr
  • City: Nashville
  • Subdivision: Priest Lake Park
  • County: Davidson County
  • Beds: 3
  • Baths:
  • Type: Residential
  • Elementary School: Lakeview Design Center
  • Middle School: Apollo Middle School
  • High School: Antioch High School
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Photo for MLS 1597162 in 5108 Greentree Dr Nashville, TN - 37211
1 of 6 images
  • Price: $149,900 ($86/sq. ft.)
  • 5108 Greentree Dr
  • City: Nashville
  • Subdivision: Candlestick Farms
  • County: Davidson County
  • Beds: 4
  • Baths:
  • Type: Residential
  • Elementary School: Crieve Hall Elementary
  • Middle School: Croft Design Center
  • High School: John Overton Comp High School
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Photo for MLS 1571744 in 1701 Lincoya Bay Dr Nashville, TN - 37214
1 of 12 images
  • Price: $139,900 ($80/sq. ft.)
  • 1701 Lincoya Bay Dr
  • City: Nashville
  • Subdivision: Cottages At Willams Bend
  • County: Davidson County
  • Beds: 3
  • Baths:
  • Type: Condominium
  • Elementary School: Ruby Major Elementary
  • Middle School: Donelson Middle School
  • High School: McGavock Comp High School
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The growth of real estate values in Nashville was steady over the last 10 years. There was never actually any big boom period where values were visibly rising every day like in California and Orlando. The steady growth has left us with a real estate market that still represents good value and affordability, however, the sub prime mortgage market was still very attractive to many home buyers and as a result the foreclosure rate has been on the increase in Nashville.

The ability to find a good deal is something that the agents at The Ashton Real Estate Group have prided themselves in over the past 8 years.

Here is a recent quote re the state of the foreclosure market:

 

 

 

 

 

 

 

 

 

 

“Although much of the fallout from foreclosures is being driven by rampant activity in a few states, such as Nevada, California, Florida, Ohio, Arizona and Michigan, most areas of the country are seeing at least some increase in foreclosure activity,” said James J. Saccacio, chief executive officer of RealtyTrac. “Forty-eight of 50 states and 95 out of the nation’s 100 largest metro areas experienced year-over-year increases in foreclosure activity in the second quarter.

 

“Bank repossessions, or REOs, accounted for 30 percent of total foreclosure activity in the second quarter, up from 24 percent of the total in the first quarter,” Saccacio continued. “This shift in the distribution of activity indicates that there is a progression toward purging the problem loans out of the system — at which point the housing market can regain some sense of normalcy. Of course if another surge in defaults occurs, which could well happen later this year, it would refill the foreclosure pipeline and prolong the recovery.”

 

 

 

 

 

 

 

 

 

 

Tennessee’s foreclosure rate ranked 13th in the U.S., while Nevada, California, Arizona, and Florida ranked 1st through 4th in the nation, respectively.

Memphis ranked 25th in the nation with a rate of 1 filing for every 105 households, Nashville ranked 56th  with a rate of 1 filing for every 238 households, and Knoxville ranked 75th (a rate of 1 out of every 354 households). (Source RealtyTrac)

 

 

If you would like to take advantage of the number 1 buyers team for RE/MAX Elite in Nashville please feel free to contact us using the form below:

Listing information last updated on December 20th, 2014 at 12:50am CST.