Is Greeneville, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greeneville is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Greeneville was a Seller's Market.

Key Takeaway

Greeneville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Greeneville, TN

How much do homes in Greeneville, TN cost?

Median Sold Price

$280,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,037(+7.7%)

Key Takeaway

Homes in Greeneville have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Greeneville was $280,000 in November 2024, up 7.7% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $123.5K$150K
+21.5%
2 $165K$175K
+6.1%
3 $260.5K$286.4K
+9.9%
4 $308.9K$340K
+10.1%
5+ $338.8K$417.5K
+23.2%

Summary: Greeneville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.5%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 23.2%.

Median Sold Price Compared To Nearby Cities

Mosheim
+16.6%
Greeneville
+7.7%
Afton
+6.7%
Chuckey
+3.5%
Tusculum
0.1%

Housing Supply in Greeneville, TN

How many homes are available in Greeneville, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
235230-2.1%

Summary: The Greeneville real estate market had 230 homes for sale in November 2024, a 2.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 3541
+17.1%
3 151142
-6.0%
4 3935
-10.3%
5+ 710
+42.9%

Summary: The Greeneville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 17.1%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4737-21.3%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greeneville, you may be able to get a good deal. 70.3% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in Greeneville in November 2024, down by 21.3% month-over-month. Of the 37 sold homes, 70% were sold under asking, 14% were sold at asking, and 16% 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

Nov 2023Nov 2024CHANGE
71 Days68 Days-3.6%

Summary: Homes in Greeneville had an average of 68 days on market in Nov 2024, down by 3.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greeneville has remained consistent over time.

Summary: During November 2024, 37 homes were sold in Greeneville; 19% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 24% 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 2 Days Ago

Newest Listings in Greeneville, TN

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