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 April 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 April 2023

+$50,000(+13.7%)

Key Takeaway

Homes in Greenbrier have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in Greenbrier was $415,000 in April 2024, up 13.7% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$445K
N/A
2 $295K$280K
-5.1%
3 $360K$398K
+10.6%
4 $545K$570K
+4.6%
5+ $390K$855K
+119.2%

Summary: Greenbrier 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 decreased by 5.1%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 119.2%.

Median Sold Price Compared To Nearby Cities

Greenbrier
+13.7%
Springfield
+5.5%
Ridgetop
0%
Goodlettsville
-3.9%

Housing Supply in Greenbrier, TN

How many homes are available in Greenbrier, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6568+4.6%

Summary: The Greenbrier real estate market had 68 homes for sale in April 2024, a 4.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 3941
+5.1%
4 2222
0.0%
5+ 23
+50.0%

Summary: The Greenbrier 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 remained the same, 3 bedroom homes increased by 5.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2113-38.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 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. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Greenbrier in April 2024, down by 38.1% month-over-month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% 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

Apr 2023Apr 2024CHANGE
17 Days38 Days+124.4%

Summary: Homes in Greenbrier had an average of 38 days on market in Apr 2024, up by 124.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 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 April 2024, 13 homes were sold in Greenbrier; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% 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 15 Days Ago

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