Is South Inglewood, 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, South Inglewood has remained a Seller's Market.
Housing Prices in South Inglewood, TN
How much do homes in South Inglewood, TN cost?
Median Sold Price
$572,500
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Inglewood was $572,500 in April 2024, down 4.4% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $279.9K | $288.4K | +3.1% |
2 Bedrooms | $394.4K | $379.9K | -3.7% |
3 Bedrooms | $617.5K | $549.9K | -10.9% |
4 Bedrooms | $722.5K | $775K | +7.3% |
5+ Bedrooms | $857.4K | $840K | -2.0% |
Summary: South Inglewood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Neighborhoods
East Hill | $638.5K | $636.4K | -0.3% |
South Inglewood | $599K | $572.5K | -4.4% |
East Nashville | $576.1K | $549.1K | -4.7% |
Eastwood | $724.7K | $610.7K | -15.7% |
Housing Supply in South Inglewood, TN
How many homes are available in South Inglewood, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 69 | +9.5% |
Summary: The South Inglewood real estate market had 69 homes for sale in April 2024, a 9.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 26 | 32 | +23.1% |
4 Bedrooms | 22 | 20 | -9.1% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The South Inglewood 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 42.9%, 3 bedroom homes increased by 23.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in South Inglewood in April 2024, down by 7.7% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for South Inglewood, TN
How long does it take to sell a home in South Inglewood, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 27 Days | -11.1% |
Summary: Homes in South Inglewood had an average of 27 days on market in Apr 2024, down by 11.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in South Inglewood; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.