$6,947 Closing Credit*
$585,000
1,968 SqFt
3 Beds
•2 Full Baths, 1 Partial
Megan Manly, Listing Office: Parks Compass
Is South Inglewood, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, South Inglewood was a Seller's Market.
Key Takeaway
South Inglewood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Inglewood, TN
How much do homes in South Inglewood, TN cost?
Median Sold Price
$582,500
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$36,000(-5.8%)
Key Takeaway
Homes in South Inglewood have sold for 5.8% less than they did a year ago.
Summary: The median home sold price in South Inglewood was $582,500 in November 2024, down 5.8% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $292K | $282.2K | -3.3% |
| 2 Bedrooms | $350.7K | $425K | +21.2% |
| 3 Bedrooms | $599.9K | $591.9K | -1.3% |
| 4 Bedrooms | $761K | $782K | +2.8% |
| 5+ Bedrooms | $825K | $826.5K | 0.2% |
Summary: South Inglewood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes increased by 21.2%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 0.2%.
Median Sold Price Compared To Nearby Neighborhoods
| East Nashville | $541.1K | $578.7K | +6.9% |
| South Inglewood | $618.5K | $582.5K | -5.8% |
| Eastwood | $649.5K | $610K | -6.1% |
Housing Supply in South Inglewood, TN
How many homes are available in South Inglewood, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 65 | +8.3% |
Summary: The South Inglewood real estate market had 65 homes for sale in November 2024, a 8.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 31 | 29 | -6.5% |
| 4 Bedrooms | 16 | 21 | +31.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The South 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 22.2%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Inglewood, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in South Inglewood in November 2024, down by 10.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for South Inglewood, TN
How long does it take to sell a home in South Inglewood, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 54 Days | +79.0% |
Summary: Homes in South Inglewood had an average of 54 days on market in Nov 2024, up by 79% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South Inglewood are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in South Inglewood; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.