What's Happening?
In July 2025, the median home listing price in Greene County was $324,950, marking a 1.4% decrease from the previous month and a 1% decrease from July 2024, according to Realtor.com data. The median home size was 1,873 square feet, with a price of $168 per square foot. Homes in Greene County were listed for a median of 47 days, slightly longer than the previous month but shorter than the national median of 58 days. The number of new listings increased by 11.5% compared to July 2024, with 464 homes newly listed.
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Why It's Important?
The decrease in median home prices in Greene County reflects broader trends in the housing market, where affordability and market saturation are key concerns. The increase in new listings suggests a potential shift towards a buyer's market, where increased supply could lead to more competitive pricing. This trend could benefit potential homebuyers looking for more affordable options, while sellers may face challenges in achieving desired sale prices.
What's Next?
If the trend of increasing listings continues, it could further drive down prices, impacting the local real estate market dynamics. Stakeholders such as real estate agents and potential buyers will need to monitor these trends closely to make informed decisions. Additionally, economic factors such as interest rates and employment levels will play a crucial role in shaping future market conditions.
