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Featured local agent — Greenback, TN
Sarah Mitchell
Compass Real Estate · Greenback, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Greenback, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.16Mmedian sale price
How is the Greenback, TN housing market right now?
The median home sale price in Greenback, TN is $1.16M, up 215.6% year-over-year. Homes sell in an average of 193 days with 10 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Greenback a buyer's or seller's market?
Greenback, TN is currently a buyer's market, based on 10.0 months of supply and homes selling in about 193 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
193
Average pace
Active listings
10
10.0 months supply
Sale-to-list
89.2%
Below asking
What does the Greenback housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.16M |
| Median list price | $995,000 |
| Year-over-year price change | +215.6% |
| Average days on market | 193 days |
| Active inventory | 10 listings |
| Months of supply | 10.0 months |
| Sale-to-list price ratio | 89.2% |
| Median price per sq ft | $287/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Listings with a price cut | 60.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Greenback by property type?
How the Greenback, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.16M | $287/sq ft | 1 | 193 days |
| Condo / Co-op | $539,900 | $170/sq ft | 1 | 59 days |
Source: Redfin · Updated monthly
The Greenback housing market is currently classified as a buyer's market with a median sale price of $1.16M. Prices have risen 215.6% compared to last year, with homes spending an average of 193 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Greenback
There are currently 10 homes listed for sale in Greenback, Tennessee. The median listing price is $995K.
Active listings
10
Homes on market
Median list price
$995K
Avg. days on market
193
Days until sale
New this week
3
Newly listed
Who lives in Greenback?
Population
1,631
Median income
$83,750/yr
Median age
29.8 years
Owner-occupied
80.0%
College grads
9.5%
Avg commute
32.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Greenback?
Zillow home value
$452,141
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Greenback?
Greenback is a community of approximately 2K residents with a median age of 29.8 years.The median household income is $83,750, which reflects a relatively affluent area with strong earning potential. 9.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Greenback offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Greenback?
1 schools tracked · 684 students
The largest public schools serving Greenback, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Greenback School
Grades PK-12 · 684 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Greenback, TN?
Want a head-to-head view? Compare Greenback side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Greenback?
The median home sale price in Greenback is $1.16M, up 215.6% from last year.
How long do homes stay on market in Greenback?
Homes typically spend 193 days on market before going under contract.
What is the median income in Greenback?
The median household income is $83,750 per year.
Is Greenback a buyer's or seller's market?
With 10.0 months of supply, Greenback is currently a buyer's market.
What is the Zillow home value estimate for Greenback?
The Zillow Home Value Index (ZHVI) for Greenback is $452,141, representing the typical home value in the area.
What is the median condo price in Greenback?
The median condo/co-op sale price in Greenback, TN is $539,900, compared to $1.16M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Greenback?
The median single-family home price in Greenback, TN is $1.16M (about $287 per square foot).
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