Market Intelligence Report — TN-620

Greeneville, TN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TN-07
As of the latest 2026 data
Cooling

Median Listing

$375K
+8.9% YoY

Pending Ratio

0.42
+1.5% YoY

Active Inventory

240
-5.9% YoY

Median DOM

61 Days
-6.8% YoY

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The Greeneville market is classified as Cooling, with a pending ratio of 0.42 indicating demand absorption is lagging supply. Active listings have contracted by 5.9% year-over-year, yet the market dynamic suggests a moderated pace.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Greeneville market right now.

Active listings show a year-over-year contraction of 5.9%, despite new listings increasing by 15.9% over the same period. The median listing price has increased by 8.9% year-over-year, while the median price per square foot experienced a more modest year-over-year increase of 0.7%. Days on market have declined by 6.8% year-over-year, suggesting some efficiency in transaction timelines even as demand signals soften.

Historical Analysis

Market Trends

Median Price

$375K-2.6% MoM

Active Inventory

240-5.9% YoY

Days on Market

61-6.8% YoY

Sold Score™

54+1.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

54
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In a Cooling market, the negotiating leverage shifts as demand absorption is not robust enough to exert significant pressure on inventory. While days on market have decreased year-over-year, the pending ratio of 0.42 suggests that properties are not moving off the market at a pace that creates acute competition, allowing for greater price discipline among prospective purchasers.

Luxury Segment

The average listing price increased by 6.4% year-over-year, which is below the 8.9% year-over-year increase in the median listing price, suggesting some relative softness in the higher-priced segments. The spread between average and median listing prices indicates that the premium tier may not be appreciating at the same rate as the broader market. No distinct luxury-segment signal in this dataset.

Supply Dynamics

240 active listings represent the current floor, with new supply arriving at roughly 102 per month.

Pricing Pressure
23.3%

of active listings carry a price reduction, +0.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.7% year-over-year.

Absorption
0.42

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Greeneville, TN? Homes here are taking 4 days less to sell than last year.

Greeneville, TN is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
42%
Median Days on Market
61 days
Inventory YoY
−6%

Greeneville, TN is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Greeneville, TN
CBSA Code
24620
State
TN
Analysis FAQ
  • What is the current market condition in Greeneville?+

    As of the latest 2026 data, the Greeneville metro is classified as Cooling. Pending ratio is 0.42 with median days on market at 61.

  • Are home prices dropping in Greeneville?+

    Median listing price is $375K, +8.9% year over year. 23.3% of active listings carry a price reduction.

  • How fast are homes selling in Greeneville?+

    The typical listing sits 61 days on market, a -6.8% change YoY. New listings are arriving at 102 per month.

  • What's happening in the Greeneville luxury market?+

    The average listing price increased by 6.4% year-over-year, which is below the 8.9% year-over-year increase in the median listing price, suggesting some relative softness in the higher-priced segments. The spread between average and median listing prices indicates that the premium tier may not be appreciating at the same rate as the broader market. No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Greeneville real estate expert?+

    Primpted maintains a vetted registry of Greeneville agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 24620 · 36mo history