Is Green Hills, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Green Hills is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Green Hills was a Seller's Market.

Key Takeaway

Green Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Green Hills, TN

How much do homes in Green Hills, TN cost?

Median Sold Price

$915,000

$414/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$267,500(-22.6%)

Key Takeaway

Homes in Green Hills have sold for 22.6% less than they did a month ago.

Summary: The median home sold price in Green Hills was $915,000 in October 2024, down 22.6% from last month, and the median price per square foot was $414.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $790K-
N/A
3 $1.0M$915K
-12.0%
4 $1.6M-
N/A
5+ $1.3M-
N/A

Summary: Green Hills housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 12%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Abbottsford
+22.8%
Woodmont Lane
0.0%
Green Hills
-22.6%

Housing Supply in Green Hills, TN

How many homes are available in Green Hills, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1513-13.3%

Summary: The Green Hills real estate market had 13 homes for sale in October 2024, a 13.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 21
-50.0%
4 22
0.0%
5+ 99
0.0%

Summary: The Green Hills housing inventory by bedroom type for October 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Green Hills, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Green Hills in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Green Hills, TN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
51 Days1 Day-98.1%

Summary: Homes in Green Hills had an average of 1 days on market in Oct 2024, down by 98.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Green Hills; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in Green Hills, TN

Nearby Markets to Green Hills, TN