Is Green Hills / Midtown, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Green Hills / Midtown has remained a Seller's Market.
Key Takeaway
Green Hills / Midtown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Green Hills / Midtown, TN
How much do homes in Green Hills / Midtown, TN cost?
Median Sold Price
$962,525
$417/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Green Hills / Midtown has remained the same since last year.
Summary: The median home sold price in Green Hills / Midtown was $962,525 in March 2024, up 0.4% from last year, and the median price per square foot was $417.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $338K | -17.6% |
| 2 Bedrooms | $599.9K | $509.9K | -15.0% |
| 3 Bedrooms | $905K | $870K | -3.9% |
| 4 Bedrooms | $1.3M | $1.4M | +4.3% |
| 5+ Bedrooms | $2.4M | $2.3M | -3.5% |
Summary: Green Hills / Midtown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.6%, 2 bedroom homes decreased by 15%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 3.5%.
Housing Supply in Green Hills / Midtown, TN
How many homes are available in Green Hills / Midtown, TN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 657 | 748 | +13.9% |
Summary: The Green Hills / Midtown real estate market had 748 homes for sale in March 2024, a 13.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 75 | 85 | +13.3% |
| 2 Bedrooms | 121 | 135 | +11.6% |
| 3 Bedrooms | 123 | 143 | +16.3% |
| 4 Bedrooms | 173 | 204 | +17.9% |
| 5+ Bedrooms | 165 | 181 | +9.7% |
Summary: The Green Hills / Midtown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 9.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 75 | 126 | +68.0% |
Asking Price vs. Sold Price
88 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Green Hills / Midtown, you may be able to get a good deal. 69.8% of homes here sold below asking price last month.
Summary: A total of 126 homes were sold or pending in Green Hills / Midtown in March 2024, up by 68.0% month-over-month. Of the 126 sold homes, 70% were sold under asking, 21% were sold at asking, and 10% were sold over asking.
Days on Market for Green Hills / Midtown, TN
How long does it take to sell a home in Green Hills / Midtown, TN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 32 Days | 50 Days | +57.7% |
Summary: Homes in Green Hills / Midtown had an average of 50 days on market in Mar 2024, up by 57.7% compared to last year.
Breakdown of Home Sale Times
65 Homes Were Sold
Under 30 Days
38 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Green Hills / Midtown are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 126 homes were sold in Green Hills / Midtown; 52% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.