Is Greenbrier, 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, Greenbrier has remained a Seller's Market.
Housing Prices in Greenbrier, TN
How much do homes in Greenbrier, TN cost?
Median Sold Price
$410,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Greenbrier was $410,000 in May 2024, up 9.6% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $445K | N/A |
2 Bedrooms | $295K | $298.5K | +1.2% |
3 Bedrooms | $360.2K | $398.9K | +10.7% |
4 Bedrooms | $545K | $540K | -0.9% |
5+ Bedrooms | $409.5K | $855K | +108.8% |
Summary: Greenbrier housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 108.8%.
Median Sold Price Compared To Nearby Cities
Greenbrier | $374K | $410K | +9.6% |
Springfield | $319.3K | $342K | +7.1% |
Ridgetop | $399.9K | $405K | +1.3% |
Goodlettsville | $402.4K | $395.5K | -1.7% |
Housing Supply in Greenbrier, TN
How many homes are available in Greenbrier, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
66 | 74 | +12.1% |
Summary: The Greenbrier real estate market had 74 homes for sale in May 2024, a 12.1% increase 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 | 2 | 2 | 0.0% |
3 Bedrooms | 40 | 45 | +12.5% |
4 Bedrooms | 21 | 23 | +9.5% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Greenbrier 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 21 | +50.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Greenbrier in May 2024, up by 50.0% month-over-month. Of the 21 sold homes, 62% were sold under asking, 29% were sold at asking, and 10% were sold over asking.
Days on Market for Greenbrier, TN
How long does it take to sell a home in Greenbrier, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
30 Days | 26 Days | -15.2% |
Summary: Homes in Greenbrier had an average of 26 days on market in May 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 21 homes were sold in Greenbrier; 62% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.