Is Glencliff, 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, Glencliff has remained a Seller's Market.
Housing Prices in Glencliff, TN
How much do homes in Glencliff, TN cost?
Median Sold Price
$420,000
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Glencliff was $420,000 in April 2024, down 4.3% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $1.0M | N/A |
2 Bedrooms | $337.2K | $309K | -8.4% |
3 Bedrooms | $448.2K | $445K | -0.7% |
4 Bedrooms | $592.5K | $575.5K | -2.9% |
5+ Bedrooms | $695K | $480.5K | -30.9% |
Summary: Glencliff 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 8.4%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 30.9%.
Median Sold Price Compared To Nearby Neighborhoods
Valley View Meadows | $390.1K | $413.7K | +6.1% |
Glencliff | $439K | $420K | -4.3% |
Housing Supply in Glencliff, TN
How many homes are available in Glencliff, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 17 | -22.7% |
Summary: The Glencliff real estate market had 17 homes for sale in April 2024, a 22.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 9 | 7 | -22.2% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Glencliff 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 decreased by 50%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Glencliff in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Glencliff, TN
How long does it take to sell a home in Glencliff, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 15 Days | -45.1% |
Summary: Homes in Glencliff had an average of 15 days on market in Apr 2024, down by 45.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Glencliff; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.