Is Greenfield, TN 38230 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Greenfield is a seller’s market. With about 3.7 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list90.2%Sold price ÷ list price
Median days on market56Listing to accepted offer
Median price per sq ft$102▲ +11.8% vs. last year

The Greenfield housing market right now

In the three months ending August 31, 2026, 0% of homes in Greenfield, TN 38230 sold above their list price, the typical home went under contract in 56 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (101 days then) and the median sale price fell 13% to $165,229. Overall, Greenfield is more competitive than a year ago, so tougher for buyers.

Within Weakley County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Dresden 38225 (8% sold over asking) and Martin 38237 (7% sold over asking) are even more competitive.

Nearby markets

Dresden 38225Seller’s market $119 /sq ftDukedom 38226 — /sq ftGleason 38229Buyer’s market $125 /sq ftMartin 38237Balanced $138 /sq ft Browse all markets →

Where Greenfield is

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Questions about Greenfield real estate

Is Greenfield a buyer’s or seller’s market?

A seller’s market: there were 3.7 months of supply in Greenfield, TN 38230 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Greenfield?

The typical home went under contract in 56 days in the latest three months.

Do homes in Greenfield sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 90.2% of the list price.

What are property taxes in Greenfield?

About 0.48% of a home’s value a year in Weakley County, or roughly $1,920 on a $400,000 home.

What is the median home price in Greenfield?

The median sale price was $165,229 in the three months ending August 31, 2026, about $102 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology