$10,000 Closing Credit*
$1,349,000
1,412 SqFt
2 Beds
•2 Full Baths, 1 Partial
John White, Listing Office: Engel & Voelkers Nashville
Is Green Hills / Midtown, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Green Hills / Midtown was a Seller's Market.
Key Takeaway
Green Hills / Midtown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Green Hills / Midtown, TN
How much do homes in Green Hills / Midtown, TN cost?
Median Sold Price
$1,058,500
$413/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$103,920(+10.9%)
Key Takeaway
Homes in Green Hills / Midtown have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Green Hills / Midtown was $1,058,500 in October 2024, up 10.9% from last year, and the median price per square foot was $413.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $310K | -11.4% |
| 2 Bedrooms | $550.9K | $495K | -10.2% |
| 3 Bedrooms | $868.7K | $900K | +3.6% |
| 4 Bedrooms | $1.3M | $1.4M | +1.8% |
| 5+ Bedrooms | $2.4M | $2.2M | -8.2% |
Summary: Green Hills / Midtown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.4%, 2 bedroom homes decreased by 10.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 8.2%.
Housing Supply in Green Hills / Midtown, TN
How many homes are available in Green Hills / Midtown, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 792 | 806 | +1.8% |
Summary: The Green Hills / Midtown real estate market had 806 homes for sale in October 2024, a 1.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 96 | 98 | +2.1% |
| 2 Bedrooms | 143 | 134 | -6.3% |
| 3 Bedrooms | 167 | 182 | +9.0% |
| 4 Bedrooms | 198 | 200 | +1.0% |
| 5+ Bedrooms | 188 | 192 | +2.1% |
Summary: The Green Hills / Midtown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.1%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 2.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 104 | 104 | 0.0% |
Asking Price vs. Sold Price
66 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Green Hills / Midtown, you may be able to get a good deal. 63.5% of homes here sold below asking price last month.
Summary: A total of 104 homes were sold or pending in Green Hills / Midtown in October 2024, the same as the previous month. Of the 104 sold homes, 63% were sold under asking, 30% were sold at asking, and 7% were sold over asking.
Days on Market for Green Hills / Midtown, TN
How long does it take to sell a home in Green Hills / Midtown, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 35 Days | +8.4% |
Summary: Homes in Green Hills / Midtown had an average of 35 days on market in Oct 2024, up by 8.4% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Green Hills / Midtown are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 104 homes were sold in Green Hills / Midtown; 53% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% 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.