Greeneville, TN—37745
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 $247,000, with a year-over-year change of 0.6%. This indicates that home prices in Greeneville, TN are flat. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $247,000 | 0.6% |
| Single Family | $246,000 | 1.2% |
| Condos | $261,000 | 1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $192,000 | 0.0% |
3 Bed | $276,000 | 2.2% |
4 Bed | $353,000 | 1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Greeneville, TN
As of July '25, Rentcast reports the average rent in Greeneville, TN is $1,530, with a year-over-year rent change of 22.4%. Per bedroom, the median rent as of July '25 in Greeneville, TN is studios: $1,000, 1-bedrooms: $718, 2-bedrooms: $1,050, 3-bedrooms: $1,950. The most common rental property sizes in Greeneville, TN are 2-bedroom and 3-bedroom, accounting for 41.4% and 26.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,530 |
| Studio Rent | $1,000 | $1,000 |
| 1 Bed Rent | $650 | $718 |
| 2 Bed Rent | $950 | $1,050 |
| 3 Bed Rent | $1,800 | $1,950 |
| 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 67. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $334,000 | 6.0% |
Listing Count | 113 | 6.0% |
| Listings as % of Homes | 0.6% | 6.0% |
Days on Market | 67 | 0.0% |
Demographics — Greeneville, TN
As of the latest ACS Survey released in 2023, Greeneville, TN has a population of 21,100, which has increased by 21.2% over the past 5 years. Greeneville, TN is a moderately popular place for families, as children make up 19.1% of the population. The area has a poorly educated workforce, with 23.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,100 | 21.2% |
% Under 18 | 19.1% | 6.1% |
% Seniors | 21.1% | 7.7% |
% WFH | 5.1% | 75.9% |
% w/ College Degree | 23.0% | 7.0% |
As of the latest ACS Survey released in 2023, Greeneville, TN is a predominantly white area, with 86.3% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Greeneville, TN is hispanic, making up 7.6% of the population. Foreign-born residents account for 2.3% of the population in Greeneville, TN, and this percentage has increased by 64.3% 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 | 86.3% | -4.5% |
% Black | 3.8% | 5.6% |
% Hispanic | 7.6% | 105.4% |
% Asian | 0.4% | -20.0% |
% Foreign Born | 2.3% | 64.3% |
Mortgage and Risk — Greeneville, TN
According to HUD data as of 2023, there were 305 mortgage originations in Greeneville, TN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Greeneville, TN. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 305 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 15.0% |
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 | 273 |
Total Units Section 8 | 269 |
% Rentals under Section 8 | 11.4% |
% Occupied Section 8 | 91.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $650 | $840 |
| 2 Bedroom | -$20 | $950 | $930 |
| 3 Bedroom | -$500 | $1,800 | $1,300 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — Greeneville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $247,000 |
| Median Household Income | $54,900 |