$8,905 Closing Credit*
$749,900
2,185 SqFt
4 Beds
•3 Full Baths
Brooke Nicholson, Listing Office: Compass RE
Is South Inglewood, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, South Inglewood has remained a Neutral Market.
Key Takeaway
South Inglewood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in South Inglewood, TN
How much do homes in South Inglewood, TN cost?
Median Sold Price
$570,000
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$59,000(-9.4%)
Key Takeaway
Homes in South Inglewood have sold for 9.4% less than they did a year ago.
Summary: The median home sold price in South Inglewood was $570,000 in October 2024, down 9.4% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $298.5K | $282.5K | -5.4% |
| 2 Bedrooms | $375.9K | $425K | +13.0% |
| 3 Bedrooms | $604K | $589.5K | -2.4% |
| 4 Bedrooms | $761K | $775K | +1.8% |
| 5+ Bedrooms | $857.4K | $826.5K | -3.6% |
Summary: South Inglewood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes increased by 13%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 3.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Eastwood | $649.5K | $720K | +10.9% |
| East Nashville | $546.3K | $574.9K | +5.2% |
| East Hill | $649.9K | $599.9K | -7.7% |
| South Inglewood | $629K | $570K | -9.4% |
Housing Supply in South Inglewood, TN
How many homes are available in South Inglewood, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 66 | +6.5% |
Summary: The South Inglewood real estate market had 66 homes for sale in October 2024, a 6.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 34 | 30 | -11.8% |
| 4 Bedrooms | 11 | 19 | +72.7% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The South Inglewood 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 decreased by 9.1%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 72.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 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. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in South Inglewood in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 70% were sold under asking, 30% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 22 Days | -40.3% |
Summary: Homes in South Inglewood had an average of 22 days on market in Oct 2024, down by 40.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Inglewood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in South Inglewood; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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.