Is Glenwood / Eastdale, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenwood / Eastdale is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Glenwood / Eastdale has remained a Seller's Market.

Key Takeaway

Glenwood / Eastdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

-$29,125(-13.0%)

Key Takeaway

Homes in Glenwood / Eastdale have sold for 13% less than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $96K$76K
-20.8%
2 $111K$170K
+53.2%
3 $232K$199.9K
-13.8%
4 $443K$325K
-26.6%
5+ $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
+5.0%
Glenwood / Eastdale
-13.0%
Avondale
-20.9%

Housing Supply in Glenwood / Eastdale, TN

How many homes are available in Glenwood / Eastdale, TN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3125-19.4%

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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 2217
-22.7%
4 53
-40.0%
5+ 10
-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 2024May 2024CHANGE
145-64.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenwood / Eastdale, you may be able to get a good deal. 40% of homes here sold below asking price last month.

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

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

Report Updated 1 Day Ago

Newest Listings in Glenwood / Eastdale, TN

Nearby Markets to Glenwood / Eastdale, TN