Greeneville, TN—37743
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Greeneville, TN
Home Price Trends — Greeneville, TN
As of Oct '25, the median home price in Greeneville, TN is $240,000, with a year-over-year change of 0.9%. This indicates that home prices in Greeneville, TN are flat. According to Zillow, the 1-year price projection is 4.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $240,000 | 0.9% |
| Single Family | $238,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $187,000 | 2.2% |
3 Bed | $287,000 | 3.2% |
4 Bed | $359,000 | 1.4% |
| 5 Bed | $509,000 | 2.8% |
% of Housing Stock
Rental Trends — Greeneville, TN
As of July '25, Rentcast reports the average rent in Greeneville, TN is $1,240, with a year-over-year rent change of -4.6%. Per bedroom, the median rent as of July '25 in Greeneville, TN is studios: $900, 1-bedrooms: $833, 2-bedrooms: $1,070, 3-bedrooms: $1,600. The most common rental property sizes in Greeneville, TN are 2-bedroom and 3-bedroom, accounting for 40.1% and 36.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,240 |
| Studio Rent | $900 | $900 |
| 1 Bed Rent | $850 | $833 |
| 2 Bed Rent | $950 | $1,070 |
| 3 Bed Rent | $1,500 | $1,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Greeneville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Greeneville, TN is 64. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $350,000 | 8.0% |
Listing Count | 140 | 5.0% |
| Listings as % of Homes | 0.8% | 5.0% |
Days on Market | 64 | -5.0% |
Demographics — Greeneville, TN
As of the latest ACS Survey released in 2023, Greeneville, TN has a population of 23,400, which has decreased by -10.9% over the past 5 years. Greeneville, TN is a moderately popular place for families, as children make up 17.6% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,400 | -10.9% |
% Under 18 | 17.6% | -12.0% |
% Seniors | 23.3% | 7.9% |
% WFH | 7.6% | 117.1% |
% w/ College Degree | 17.1% | 11.8% |
As of the latest ACS Survey released in 2023, Greeneville, TN is a predominantly white area, with 91.5% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Greeneville, TN is hispanic, making up 2.4% of the population. Foreign-born residents account for 1.9% of the population in Greeneville, TN, and this percentage has increased by 137.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.5% | -3.1% |
% Black | 1.8% | -21.7% |
% Hispanic | 2.4% | 50.0% |
% Asian | 0.3% | -25.0% |
% Foreign Born | 1.9% | 137.5% |
Mortgage and Risk — Greeneville, TN
According to HUD data as of 2023, there were 632 mortgage originations in Greeneville, TN, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Greeneville, TN. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 632 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Greeneville, TN
Greeneville, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 468 |
Total Units Section 8 | 129 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 88.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $850 | $810 |
| 2 Bedroom | -$50 | $950 | $900 |
| 3 Bedroom | -$240 | $1,500 | $1,260 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Greeneville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $240,000 |
| Median Household Income | $52,800 |