Is Glenwood / Eastdale, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Glenwood / Eastdale has remained a Seller's Market.
Housing Prices in Glenwood / Eastdale, TN
How much do homes in Glenwood / Eastdale, TN cost?
Median Sold Price
$195,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Glenwood / Eastdale was $195,000 in May 2024, down 13% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $96K | $76K | -20.8% |
2 Bedrooms | $111K | $170K | +53.2% |
3 Bedrooms | $232K | $199.9K | -13.8% |
4 Bedrooms | $443K | $325K | -26.6% |
5+ Bedrooms | $560K | $365K | -34.8% |
Summary: Glenwood / Eastdale housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes increased by 53.2%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 26.6%, and 5+ bedroom homes decreased by 34.8%.
Median Sold Price Compared To Nearby Neighborhoods
Glenwood | $282K | $296K | +5.0% |
Glenwood / Eastdale | $224.1K | $195K | -13.0% |
Avondale | $158K | $125K | -20.9% |
Housing Supply in Glenwood / Eastdale, TN
How many homes are available in Glenwood / Eastdale, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 25 | -19.4% |
Summary: The Glenwood / Eastdale real estate market had 25 homes for sale in May 2024, a 19.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 22 | 17 | -22.7% |
4 Bedrooms | 5 | 3 | -40.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Glenwood / Eastdale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 22.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 5 | -64.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Glenwood / Eastdale in May 2024, down by 64.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Glenwood / Eastdale, TN
We’re sorry, we don't have information for this market at the moment