Is Englewood, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Englewood has remained a Seller's Market.
Housing Prices in Englewood, TN
How much do homes in Englewood, TN cost?
Median Sold Price
$208,200
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Englewood was $208,200 in April 2024, up 1.6% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $34K | - | N/A |
2 Bedrooms | $157K | $154K | -1.9% |
3 Bedrooms | $220K | $208.2K | -5.4% |
4 Bedrooms | $325K | $371K | +14.2% |
5+ Bedrooms | $350K | - | N/A |
Summary: Englewood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes did not change.
Housing Supply in Englewood, TN
How many homes are available in Englewood, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 29 | +31.8% |
Summary: The Englewood real estate market had 29 homes for sale in April 2024, a 31.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 13 | 16 | +23.1% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Englewood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Englewood in April 2024, up by 166.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Englewood, TN
How long does it take to sell a home in Englewood, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 22 Days | -31.3% |
Summary: Homes in Englewood had an average of 22 days on market in Apr 2024, down by 31.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Englewood; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.