Is Glenwood / Eastdale, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenwood / Eastdale is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Glenwood / Eastdale was a Seller's Market.

Key Takeaway

Glenwood / Eastdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Glenwood / Eastdale, TN

How much do homes in Glenwood / Eastdale, TN cost?

Median Sold Price

$195,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,000(-2.5%)

Key Takeaway

Homes in Glenwood / Eastdale have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Glenwood / Eastdale was $195,000 in November 2024, down 2.5% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $96K$76K
-20.8%
2 $159.9K$153.5K
-4.0%
3 $204K$215K
+5.4%
4 $289K$290K
0.3%
5+ $365K$83.7K
-77.1%

Summary: Glenwood / Eastdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 77.1%.

Median Sold Price Compared To Nearby Neighborhoods

Glenwood / Eastdale
-2.5%
Avondale
-29.7%

Housing Supply in Glenwood / Eastdale, TN

How many homes are available in Glenwood / Eastdale, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4241-2.4%

Summary: The Glenwood / Eastdale real estate market had 41 homes for sale in November 2024, a 2.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1813
-27.8%
3 1418
+28.6%
4 88
0.0%
5+ 22
0.0%

Summary: The Glenwood / Eastdale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 27.8%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenwood / Eastdale, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Glenwood / Eastdale in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Glenwood / Eastdale, TN

How long does it take to sell a home in Glenwood / Eastdale, TN?

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days65 Days+609.1%

Summary: Homes in Glenwood / Eastdale had an average of 65 days on market in Nov 2024, up by 609.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Glenwood / Eastdale are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Glenwood / Eastdale; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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