Greeneville, TN Housing Market
Cool MarketMetro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Greeneville, TN metro area.
Data period: May 2026
Market snapshot
- Median sale price
- $296K
- Median days on market
- 59 days
- Months of supply
- 3.9
- Active inventory
- 330
- Homes sold
- 84
- Sale-to-list ratio
- 96.5%
- Listings with price drop
- 27.6%
- Data month
- May 2026
Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.
Rental Investor Snapshot
Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.
- Market temperature
- Balanced
- Buyer leverage
- High
- Pricing signal vs. U.S. median
- Easier buy-in vs. U.S. median (price only)
- Investor fit (heuristic)
- Buy-in vs. U.S. · Negotiation
Watch-outs
- Slower sales (longer days on market) can mean more time to diligence — but also weaker demand.
- Elevated price cuts can signal negotiation room — verify condition, rents, and comps street-by-street.
Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.
Cool Market
Buyer activity is slowing, creating more negotiating room.
Greeneville, TN market summary
The Greeneville, TN metro area housing market is cooling down. As of May 2026, the median home sale price is $296K, up 7.1% year-over-year. Homes are spending a median of 59 days on the market, 6.3% shorter than a year ago.
There are 330 homes for sale — 0.6% more than last year. With 3.9 months of supply, this is a seller's market. 112 new listings were added during this period, up 0.9% year-over-year.
Homes are selling for 96.5% of their list price on average, suggesting room for negotiation. 17.9% of homes sell above their asking price. 27.6% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
81
Contributing Factors
How This Market Compares
vs. National Median
vs. Tennessee Median
Investor takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 34% below the national median on this sale snapshot — that can mean lower buy-in, but cash flow still depends on local rent, financing, and expenses.
Greeneville, TN market trends
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Detailed market metrics
Median list price
$299K
Price per sq ft
$180
Sale-to-list ratio
96.5%
Months of supply
3.9
Sold above list
17.9%
Price drops
27.6%
New listings
112
↑ 0.9% YoY
Pending sales
110
Off market in 2 weeks
35.5%
Greeneville, TN housing market FAQs
What is the median home price in Greeneville, TN?
For the latest published month, the median sale price in Greeneville, TN is $296K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.
Is Greeneville, TN a buyer's or seller's market?
With about 3.9 months of supply, conditions often favor sellers (inventory is relatively tight versus sales pace). Buyers may need to move quickly and keep offers competitive.
How long do homes stay on the market in Greeneville, TN?
For the latest published month, the median days on market in Greeneville, TN is 59 days — half of homes went pending faster and half slower.
Is Greeneville, TN good for rental property investors?
Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Greeneville, TN can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.
How should investors analyze a rental property in Greeneville, TN?
Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Greeneville, TN deals.
Compare more Tennessee metro markets
Explore nearby sale-market pace and pricing, then run a shortlist through the rental property calculator.
Nashville, TN
$487K · 62d on market
Memphis, TN
$314K · 37d on market
Knoxville, TN
$410K · 56d on market
Clarksville, TN
$335K · 74d on market
Kingsport, TN
$280K · 53d on market
Johnson City, TN
$344K · 52d on market
Morristown, TN
$324K · 56d on market
Jackson, TN
$257K · 41d on market
National context
Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.
Underwrite a Greeneville, TN deal with real numbers
Use Will It Flow for cash flow, DSCR, cap rate, and cash-on-cash return — free and fast.
Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.