Is Englewood, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Englewood was a Seller's Market.
Housing Prices in Englewood, TN
How much do homes in Englewood, TN cost?
Median Sold Price
$209,500
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Englewood was $209,500 in March 2024, up 4.8% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $34K | - | N/A |
2 Bedrooms | $159.5K | $153.5K | -3.8% |
3 Bedrooms | $205K | $240K | +17.1% |
4 Bedrooms | $320K | $369.9K | +15.6% |
5+ Bedrooms | $350K | - | N/A |
Summary: Englewood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 15.6%, 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
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 21 | +16.7% |
Summary: The Englewood real estate market had 21 homes for sale in March 2024, a 16.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 9 | 13 | +44.4% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Englewood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Englewood in March 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
81 Days | 27 Days | -66.2% |
Summary: Homes in Englewood had an average of 27 days on market in Mar 2024, down by 66.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Englewood; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.