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 October 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

$190,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$13,000(-6.4%)

Key Takeaway

Homes in Glenwood / Eastdale have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in Glenwood / Eastdale was $190,000 in October 2024, down 6.4% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $96K$76K
-20.8%
2 $120K$159.9K
+33.3%
3 $210K$214K
+1.9%
4 $289K$325K
+12.5%
5+ $365K$83.7K
-77.1%

Summary: Glenwood / Eastdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 77.1%.

Median Sold Price Compared To Nearby Neighborhoods

Glenwood / Eastdale
-6.4%
Avondale
-31.6%

Housing Supply in Glenwood / Eastdale, TN

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4648+4.3%

Summary: The Glenwood / Eastdale real estate market had 48 homes for sale in October 2024, a 4.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1919
0.0%
3 1720
+17.6%
4 87
-12.5%
5+ 22
0.0%

Summary: The Glenwood / Eastdale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

5 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 5 homes were sold or pending in Glenwood / Eastdale in October 2024, down by 37.5% month-over-month. Of the 5 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

Oct 2023Oct 2024CHANGE
5 Days5 Days-6.2%

Summary: Homes in Glenwood / Eastdale had an average of 5 days on market in Oct 2024, down by 6.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 5 homes were sold in Glenwood / Eastdale; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 14 Days Ago

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