Is Inglewood, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Inglewood is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Inglewood has remained a Seller's Market.

Key Takeaway

Inglewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Inglewood, TN

How much do homes in Inglewood, TN cost?

Median Sold Price

$575,000

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,500(+6.0%)

Key Takeaway

Homes in Inglewood have sold for 6% more than they did a year ago.

Summary: The median home sold price in Inglewood was $575,000 in November 2024, up 6% from last year, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$322.4K
N/A
2 $410K$435K
+6.1%
3 $565K$562K
-0.5%
4 $739K$702.5K
-4.9%
5+ $882.5K$915K
+3.7%

Summary: Inglewood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Neighborhoods

East Nashville
+6.9%
Inglewood
+6.0%
South Inglewood
-5.8%

Housing Supply in Inglewood, TN

How many homes are available in Inglewood, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6058-3.3%

Summary: The Inglewood real estate market had 58 homes for sale in November 2024, a 3.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 79
+28.6%
3 2221
-4.5%
4 1816
-11.1%
5+ 87
-12.5%

Summary: The Inglewood 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 increased by 28.6%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
919+111.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Inglewood, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Inglewood in November 2024, up by 111.1% month-over-month. Of the 19 sold homes, 53% were sold under asking, 32% were sold at asking, and 16% were sold over asking.

Days on Market for Inglewood, TN

How long does it take to sell a home in Inglewood, TN?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days23 Days+63.0%

Summary: Homes in Inglewood had an average of 23 days on market in Nov 2024, up by 63% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 19 homes were sold in Inglewood; 63% of homes were sold within 30 days, 32% 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 3 Days Ago

Newest Listings in Inglewood, TN

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