Is Shadow Glen, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shadow Glen is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Shadow Glen has remained a Seller's Market.

Key Takeaway

Shadow Glen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Shadow Glen, TN

How much do homes in Shadow Glen, TN cost?

Median Sold Price

$328,000

$269/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$13,000(+4.1%)

Key Takeaway

Homes in Shadow Glen have sold for 4.1% more than they did a month ago.

Summary: The median home sold price in Shadow Glen was $328,000 in April 2024, up 4.1% from last month, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $315K$328K
+4.1%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Shadow Glen housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Shadow Glen, TN

How many homes are available in Shadow Glen, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
45+25.0%

Summary: The Shadow Glen real estate market had 5 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Shadow Glen 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 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shadow Glen, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Shadow Glen in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Shadow Glen, TN

How long does it take to sell a home in Shadow Glen, TN?

Average Sale Time

Mar 2024Apr 2024CHANGE
12 Days11 Days-8.3%

Summary: Homes in Shadow Glen had an average of 11 days on market in Apr 2024, down by 8.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Shadow Glen are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Shadow Glen; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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