Is Greenbrier, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenbrier is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Greenbrier has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Greenbrier, TN

How much do homes in Greenbrier, TN cost?

Median Sold Price

$415,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$47,550(+12.9%)

Key Takeaway

Homes in Greenbrier have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in Greenbrier was $415,000 in March 2024, up 12.9% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$445K
N/A
2 $284.7K$289.2K
+1.6%
3 $360K$382.5K
+6.3%
4 $545K$599K
+9.9%
5+ $462.5K$817.5K
+76.8%

Summary: Greenbrier housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 76.8%.

Median Sold Price Compared To Nearby Cities

Greenbrier
+12.9%
Springfield
+5.0%
Ridgetop
-3.2%
Goodlettsville
-5.6%

Housing Supply in Greenbrier, TN

How many homes are available in Greenbrier, TN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7671-6.6%

Summary: The Greenbrier real estate market had 71 homes for sale in March 2024, a 6.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 4743
-8.5%
4 2323
0.0%
5+ 23
+50.0%

Summary: The Greenbrier housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1620+25.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenbrier, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Greenbrier in March 2024, up by 25.0% month-over-month. Of the 20 sold homes, 45% were sold under asking, 35% were sold at asking, and 20% 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

Mar 2023Mar 2024CHANGE
20 Days20 Days-2.4%

Summary: Homes in Greenbrier had an average of 20 days on market in Mar 2024, down by 2.4% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Greenbrier are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 20 homes were sold in Greenbrier; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 24 Days Ago

Newest Listings in Greenbrier, TN

Nearby Markets to Greenbrier, TN

What housing markets are near Greenbrier, TN?