Is Greeneville, 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, 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
$275,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Greeneville have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in Greeneville was $275,000 in May 2024, up 11.6% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $135K | -22.9% |
| 2 Bedrooms | $150K | $184K | +22.7% |
| 3 Bedrooms | $242.1K | $279.6K | +15.5% |
| 4 Bedrooms | $330K | $325K | -1.5% |
| 5+ Bedrooms | $379.9K | $462.5K | +21.7% |
Summary: Greeneville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.9%, 2 bedroom homes increased by 22.7%, 3 bedroom homes increased by 15.5%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 21.7%.
Housing Supply in Greeneville, TN
How many homes are available in Greeneville, TN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 229 | 251 | +9.6% |
Summary: The Greeneville real estate market had 251 homes for sale in May 2024, a 9.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 10 | 0.0% |
| 2 Bedrooms | 29 | 29 | 0.0% |
| 3 Bedrooms | 131 | 157 | +19.8% |
| 4 Bedrooms | 47 | 38 | -19.1% |
| 5+ Bedrooms | 12 | 17 | +41.7% |
Summary: The Greeneville housing inventory by bedroom type for May 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 19.8%, 4 bedroom homes decreased by 19.1%, and 5+ bedroom homes increased by 41.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 43 | 69 | +60.5% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greeneville, you may be able to get a good deal. 62.3% of homes here sold below asking price last month.
Summary: A total of 69 homes were sold or pending in Greeneville in May 2024, up by 60.5% month-over-month. Of the 69 sold homes, 62% were sold under asking, 26% were sold at asking, and 12% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 70 Days | 97 Days | +37.7% |
Summary: Homes in Greeneville had an average of 97 days on market in May 2024, up by 37.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
37 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Greeneville has remained consistent over time.
Summary: During May 2024, 69 homes were sold in Greeneville; 14% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 32% 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.