Is Greene County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Greene County has remained a Seller's Market.
Housing Prices in Greene County, TN
How much do homes in Greene County, TN cost?
Median Sold Price
$269,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Greene County was $269,000 in May 2024, up 12.3% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $237.5K | $202.4K | -14.8% |
2 Bedrooms | $155K | $184.5K | +19.0% |
3 Bedrooms | $236.5K | $277.2K | +17.2% |
4 Bedrooms | $330K | $303.5K | -8.0% |
5+ Bedrooms | $450K | $385K | -14.4% |
Summary: Greene County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.8%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 14.4%.
Median Sold Price Compared To Nearby Counties
Greene County | $239.4K | $269K | +12.3% |
Hawkins County | $225K | $244.5K | +8.7% |
Cocke County | $230K | $250K | +8.7% |
Washington County | $294.9K | $307.7K | +4.3% |
Hamblen County | $274.9K | $284.2K | +3.4% |
Housing Supply in Greene County, TN
How many homes are available in Greene County, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
312 | 335 | +7.4% |
Summary: The Greene County real estate market had 335 homes for sale in May 2024, a 7.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 12 | +9.1% |
2 Bedrooms | 42 | 43 | +2.4% |
3 Bedrooms | 184 | 207 | +12.5% |
4 Bedrooms | 58 | 49 | -15.5% |
5+ Bedrooms | 17 | 24 | +41.2% |
Summary: The Greene County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 15.5%, and 5+ bedroom homes increased by 41.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
57 | 91 | +59.6% |
Asking Price vs. Sold Price
57 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 91 homes were sold or pending in Greene County in May 2024, up by 59.6% month-over-month. Of the 91 sold homes, 63% were sold under asking, 21% were sold at asking, and 16% were sold over asking.
Days on Market for Greene County, TN
How long does it take to sell a home in Greene County, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
74 Days | 98 Days | +31.7% |
Summary: Homes in Greene County had an average of 98 days on market in May 2024, up by 31.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
49 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Summary: During May 2024, 91 homes were sold in Greene County; 13% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.