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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greeneville is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Greeneville, TN

How much do homes in Greeneville, TN cost?

Median Sold Price

$267,083

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$26,940(+11.2%)

Key Takeaway

Homes in Greeneville have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in Greeneville was $267,083 in April 2024, up 11.2% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $175K$120K
-31.4%
2 $165K$184K
+11.5%
3 $240K$275K
+14.6%
4 $330K$313.1K
-5.1%
5+ $452.4K$382.5K
-15.5%

Summary: Greeneville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 14.6%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 15.5%.

Median Sold Price Compared To Nearby Cities

Tusculum
+18.2%
Afton
+14.5%
Greeneville
+11.2%
Chuckey
+10.9%

Housing Supply in Greeneville, TN

How many homes are available in Greeneville, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
216230+6.5%

Summary: The Greeneville real estate market had 230 homes for sale in April 2024, a 6.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 711
+57.1%
2 2629
+11.5%
3 132131
-0.8%
4 4045
+12.5%
5+ 1114
+27.3%

Summary: The Greeneville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 57.1%, 2 bedroom homes increased by 11.5%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4642-8.7%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greeneville, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in Greeneville in April 2024, down by 8.7% month-over-month. Of the 42 sold homes, 48% were sold under asking, 33% were sold at asking, and 19% were sold over asking.

Days on Market for Greeneville, TN

How long does it take to sell a home in Greeneville, TN?

Average Sale Time

Apr 2023Apr 2024CHANGE
60 Days90 Days+50.9%

Summary: Homes in Greeneville had an average of 90 days on market in Apr 2024, up by 50.9% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greeneville has remained consistent over time.

Summary: During April 2024, 42 homes were sold in Greeneville; 21% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 31% 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 2 Days Ago

Newest Listings in Greeneville, TN

Nearby Markets to Greeneville, TN

What housing markets are near Greeneville, TN?