37616 — Greene County, Tennessee Market Snapshot
Housing market data for zip code 37616 in Greene County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
14 sales in 2026 (year to date)
Median Sale Price
$294,900
Days to Sell
34
Homes Sold
14
Inventory
21
Sale-to-List
92.3%
New Listings
27
Price/SqFt
$172
Pending Sales
22
Conforming Loan Available
Most homebuyers in 37616 can comfortably use conventional financing. The median home price of $294,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
37616's market is balanced with homes taking an average of 34 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 37616 sells for 7.7% below asking price (92.3% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 37616 can comfortably use conventional financing. The median home price of $294,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 37616 are set at the county level.
2026 Loan Limits — Greene County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 37616
To purchase the median home at $294,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,409.
Monthly Payment
$2,409
Income Required
$103,261
Principal & Interest
$1,817/mo
Down Payment (5%)
$14,745
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 37616.
Estimated Monthly Payment
$1,975
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