How Competitive is the Green Hills Housing Market?

by Becky Holtzclaw

Green Hills, a neighborhood in Nashville, TN, isn't a very competitive housing market. Only about 8% of homes sold above list price in the 3 months ending June 2026, down nearly 6 percentage points from a year ago.

The National Picture

Nationally, nearly a quarter of homes sold above asking in June 2026, and the typical home spent 50 days on market. Green Hills falls well below that benchmark—its 7.9% sold-above rate is roughly a third of the national average, making it one of the softer markets in the Nashville metro for buyers willing to negotiate.

Sellers Are Cutting Prices More Often

Homes in Green Hills sold for an average of 96.9% of list price, the lowest sale-to-list ratio among the nearby neighborhoods tracked here. Over 35% of active listings have undergone a price reduction. By contrast, Bellevue, just west across the city, sees 22% of homes selling above asking with a 98.5% sale-to-list ratio, meaning buyers there compete much more aggressively for properties.

Why Isn't Green Hills Very Competitive?

With a median sale price above $1.2 million (+14% YoY), affordability limits the buyer pool. Active listings jumped 22% to 491 homes, while homes sit on the market for 62 days. Despite a 29% surge in pending sales, supply remains elevated at 4.6 months, and the high price point means fewer buyers can or will bid over asking.

Nearby Neighborhoods

Neighborhood	Sold Above List	Sale-to-List	Days on Market	Off Market in 2 Wks
Green Hills	7.9%	96.9%	62 days	34.0%
West Meade	5.4%	95.2%	79 days	38.5%
Green Hills-Midtown	8.8%	97.0%	65 days	28.8%
East Nashville	15.8%	98.1%	54 days	37.0%
West Nashville	11.7%	97.3%	64 days	35.7%
Bellevue	22.3%	98.5%	48 days	39.0%

Limited to neighborhoods with at least 10 home sales in the period.

All data comes from Redfin and represents a three-month rolling average ending June 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.