Market Overview
Home Prices in Nashville, IL
The median home value in Nashville, IL is $182,467 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.2% compared to a year ago and up 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Nashville are priced55% below average.
Over the past five years, Nashville home values have risen by approximately33.2%, reflecting strong long-term appreciation in this market.
Price History
Nashville Home Price Trend
2020
$119,367
$119K
—
2021
$136,955
$137K
+14.7%
2022
$154,061
$154K
+12.5%
2023
$153,214
$153K
-0.5%
2024
$162,395
$162K
+6.0%
2025
$167,140
$167K
+2.9%
2026
$182,467
$182K
+9.2%
City Comparison
Nashville vs. National Median
🏠 Nashville
$182,467
National Median
$410,000
At $182,467, homes in Nashville cost 55% below the national median of $410,000. This makes Nashville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Nashville?
20% Down Payment
$36,493
on $182,467
Monthly P&I
$952/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,209/mo
incl. taxes & insurance
Income Needed
$48,360
gross annual (30% rule)
10% Down Option
$18,247
+ PMI applies
Loan Amount (20% dn)
$145,974
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Nashville, IL?
The median home value in Nashville is $182,467 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.2% year-over-year.
How much have home prices changed in Nashville?
Over the past year, home values in Nashville have increased by 9.2%. Over five years, prices have risen approximately 33.2%.
How much do I need to earn to buy a home in Nashville?
To comfortably afford the median home price of $182,467 with a 20% down payment ($36,493) at today's rates (6.8%), you'd need a gross annual income of approximately $48,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Nashville compare to the national average home price?
The national median home value is approximately $410,000. At $182,467, homes in Nashville are 55% below the national average.