Greeneville, Tennessee, is a historic town nestled in the foothills of the Appalachian Mountains, offering residents a blend of rich heritage and natural beauty. As of 2024, Greeneville has a population of approximately 15,864, reflecting a steady annual growth rate of 0.56%. World Population Review This consistent population increase indicates a sustained interest in the area, contributing to the dynamics of the local real estate market.

The real estate market in Greeneville has experienced notable trends in recent years. In August 2024, the median listing home price was $299,900, marking a 14.3% decrease compared to the previous year. Realtor Despite this decline, the average home value stands at $238,595, reflecting a 12.0% increase over the past year. Zillow This suggests a complex market where listing prices have decreased, yet overall home values have appreciated, indicating potential opportunities for both buyers and investors.

Homes in Greeneville typically spend an average of 60 days on the market, a slight increase from 55 days the previous year, suggesting a moderately paced market. Redfin The housing inventory includes a mix of single-family homes, with a significant portion built between 1970 and 1999, offering a variety of architectural styles to prospective buyers. NeighborhoodScout

Greeneville's appeal is further enhanced by its rich history, being the home of the 17th U.S. President, Andrew Johnson, and its proximity to natural attractions such as the Cherokee National Forest. These amenities, combined with the town's affordable housing and steady market growth, make Greeneville an attractive destination for homebuyers seeking a blend of historical charm and modern living.