Market Intelligence Report — TN-620

Greeneville, TN

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

Ref. No: 2026-TN-05
As of the latest 2026 data
Accelerated

Median Listing

$395K
+16.2% YoY

Pending Ratio

0.52
+10.0% YoY

Active Inventory

220
-21.1% YoY

Median DOM

55 Days
-6.8% YoY

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The Greeneville, TN market is exhibiting accelerated conditions. The pending ratio stands at 0.52, underpinned by a significant 21.1% year-over-year contraction in active listings, indicating sustained demand absorption amidst tightening inventory.

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 have decreased by 21.1% year-over-year, while new listings also saw a decline of 14.8% over the same period, contributing to reduced overall supply. The pending ratio has increased by 10.0% year-over-year to 0.52, suggesting a faster pace of demand relative to available inventory. Median listing prices have experienced a substantial 16.2% year-over-year increase, despite a marginal 1.2% month-over-month decline, reflecting upward pricing pressure over the longer term.

Historical Analysis

Market Trends

Median Price

$395K-1.2% MoM

Active Inventory

220-21.1% YoY

Days on Market

55-6.8% YoY

Sold Score™

58+10.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

58
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 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

The contracting inventory, particularly the 21.1% fall in active listings, suggests that properties are being absorbed at an elevated pace. While median days on market are 55, the growth in the pending ratio indicates that buyers face a market with less available choice, potentially requiring more decisive action. This environment supports price discipline by sellers, as the supply-demand dynamics are favoring absorption.

Luxury Segment

The average listing price has risen by 17.3% year-over-year to $536,920, exceeding the 16.2% increase in the median listing price of $394,950. This slightly larger growth in the average price, alongside a more modest 3.3% increase in median $/sqft, suggests some relative strength at higher price points, although no clear indicators of luxury-segment softness are present.

Supply Dynamics

220 active listings represent the current floor, with new supply arriving at roughly 92 per month.

Pricing Pressure
21.1%

of active listings carry a price reduction, -2.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.3% year-over-year.

Absorption
0.52

Pending-to-active ratio — Accelerated.

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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 Accelerated. Pending ratio is 0.52 with median days on market at 55.

  • Are home prices dropping in Greeneville?+

    Median listing price is $395K, +16.2% year over year. 21.1% of active listings carry a price reduction.

  • How fast are homes selling in Greeneville?+

    The typical listing sits 55 days on market, a -6.8% change YoY. New listings are arriving at 92 per month.

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

    The average listing price has risen by 17.3% year-over-year to $536,920, exceeding the 16.2% increase in the median listing price of $394,950. This slightly larger growth in the average price, alongside a more modest 3.3% increase in median $/sqft, suggests some relative strength at higher price points, although no clear indicators of luxury-segment softness are present.

  • 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