Is Green Hills, 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, Green Hills has remained a Seller's Market.
Housing Prices in Green Hills, TN
How much do homes in Green Hills, TN cost?
Median Sold Price
$2,700,000
$480/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Green Hills was $2,700,000 in April 2024, up 31.6% from last year, and the median price per square foot was $480.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $667.5K | N/A |
3 Bedrooms | $1.1M | $2.0M | +67.4% |
4 Bedrooms | $2.0M | $1.3M | -36.3% |
5+ Bedrooms | $3.2M | $3.6M | +12.5% |
Summary: Green Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 67.4%, 4 bedroom homes decreased by 36.3%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Neighborhoods
Green Hills | $2.0M | $2.7M | +31.6% |
Green Hills / Midtown | $953.3K | $986.4K | +3.5% |
Woodmont Lane | $982.5K | $950K | -3.3% |
Housing Supply in Green Hills, TN
How many homes are available in Green Hills, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 25 | -3.8% |
Summary: The Green Hills real estate market had 25 homes for sale in April 2024, a 3.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 1 | 3 | +200.0% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The Green Hills 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 decreased by 100%, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Green Hills in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Green Hills, TN
How long does it take to sell a home in Green Hills, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 56 Days | +1020.0% |
Summary: Homes in Green Hills had an average of 56 days on market in Apr 2024, up by 1020% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Green Hills; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.