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Green Hills, Nashville, TN Housing Market
In December 2024, home prices in Green Hills experienced a 9.09% decline year-over-year, with the median sale price settling at $1.0 million. Despite the price drop, market activity remained strong, with 148 homes sold, marking an increase from 137 sales in December 2023. However, homes are taking slightly longer to sell, averaging 75 days on the market compared to 71 days last year, indicating a more balanced market where buyers have increased negotiating power.
Green Hills remains a relatively slow-moving market, with homes taking an average of 76 days to sell. Multiple offers are rare, reflecting a market where buyers have more leverage in negotiations. On average, homes sell for about 3% below the list price and typically go pending within 76 days. However, well-priced or highly desirable properties—often referred to as hot homes—can sell closer to the list price and go pending in as little as 34 days, indicating that while the market isn’t highly competitive, certain properties still attract strong interest.
In December 2024, Green Hills, TN, remained a seller’s market, meaning that buyer demand outweighs the available inventory. Despite the relatively long time on the market for most homes, the limited supply of listings gives sellers an advantage, as buyers have fewer options to choose from. While multiple offers are uncommon, well-priced homes in desirable locations still attract strong interest and can sell faster, sometimes at or near the list price.
Whether you’re looking to buy a home or have questions about the Green Hills real estate market, Debbie is here to help. With expert knowledge of the area and a commitment to personalized service, she’ll guide you through every step of the process. Reach out today to explore your options and find the perfect property in Green Hills, Nashville!
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Serving the Middle Tennessee area since 2005, Debbie Gregory has many years of real estate and marketing experience. As a Nashville native, Debbie has extensive understanding of the middle Tennessee market and region.