Is Greene County, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greene County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Greene County, TN

How much do homes in Greene County, TN cost?

Median Sold Price

$275,200

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,366(+9.7%)

Key Takeaway

Homes in Greene County have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Greene County was $275,200 in October 2024, up 9.7% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $205K$181K
-11.7%
2 $170K$190K
+11.8%
3 $250K$285K
+14.0%
4 $322K$308.5K
-4.2%
5+ $360K$450K
+25.0%

Summary: Greene County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.7%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 25%.

Median Sold Price Compared To Nearby Counties

Greene County
+9.7%
Cocke County
+6.4%
Washington County
+5.8%
Hamblen County
+4.9%
Hawkins County
-2.7%

Housing Supply in Greene County, TN

How many homes are available in Greene County, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
343337-1.7%

Summary: The Greene County real estate market had 337 homes for sale in October 2024, a 1.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 65
-16.7%
2 5150
-2.0%
3 226218
-3.5%
4 4856
+16.7%
5+ 128
-33.3%

Summary: The Greene County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7865-16.7%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greene County, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in Greene County in October 2024, down by 16.7% month-over-month. Of the 65 sold homes, 60% were sold under asking, 26% were sold at asking, and 14% 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

Oct 2023Oct 2024CHANGE
92 Days81 Days-12.2%

Summary: Homes in Greene County had an average of 81 days on market in Oct 2024, down by 12.2% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

28 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Greene County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 65 homes were sold in Greene County; 15% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 43% 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 Greene County, TN

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