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Greenback

Greenback

Located in Loudon County

$486,061 Average Value
$259 Average Price per Sq Ft
30 Homes For Sale

Greenback has country living between Maryville and Tellico Lake

Greenback is known for its country feel and slow pace of life, halfway between Maryville and Tellico Lake. It has a small town center and a CAP Index Crime Score of 1 out of 10, lower than the national average of 4. “When people come to Greenback, they talk about how friendly everybody is,” says lifelong resident Sandra Tipton. To her, one of the best aspects of the area is how peaceful it is. “I can get out on my farm and not have anyone else around me," she says.

As the nearby city of Maryville expands, Greenback is starting to grow. “For a long time, people felt like Greenback was too far out there,” says Chevy Emert, a Realtor with United Real Estate who has over 7 years in the area. However, he says the area has increased in popularity. “I would say the most desirable thing about Greenback is just the location, because not only is it convenient to Maryville — although in a country setting — it's also convenient to Tellico Lake," he says.

Rural homes and growing new construction

The wide-open land in Greenback attracts homebuyers looking for space to spread out. “When you're driving through Greenback, you get a lot of pretty mountain views and you get a lot of farmland,” Emert says. In terms of houses, Emert says there's a mix of established neighborhoods and modern construction. "We’re definitely seeing a lot more higher-end homes being built right now, and I think one part of that is because a lot of people are moving out here to retire,” Emert says. Public sewer lines are being extended from Tellico Lake to the town of Greenback, increasing the possibility of more housing development. Tipton agrees that change is coming: “There’s a new subdivision being built right down the road," she says. "Greenback is growing like wildfire.”

Rustic ranch styles from the mid-1900s are the most affordable options, going for $200,000 to $300,000. Prices for newer homes or fresh renovations range from $325,000 to $550,000. Homebuyers with a $600,000 to $800,000 budget can afford private farmland estates or modern construction in lakeside communities like Foothills Pointe. There are also plenty of open plots of land left for development. Depending on size and location, land can cost anywhere from $35,000 to $350,000. Properties along Tellico Lake or close to the area's creeks may have a flooding risk and require additional insurance.

One public school for kids of all ages

Located within the town center, Greenback School is the area’s only public school. It serves kindergarten through 12th grade and receives a B grade from Niche. Greenback School's Future Farmers of America (FFA) club has received recognition on the state level, and the football team gets enthusiastic community support. “People love to support the Greenback Cherokees,” says Tipton. “That’s where everybody gets together.”

Tellico Lake recreation and a fall pumpkin patch

The homes along Tellico Lake typically have private docks, but those who live off the water can also enjoy lakeside spots for swimming, fishing, boating and camping. The Morganton landing is a popular public access point, with a boat launch and parking lot, acting as a trailhead for miles of hiking and equestrian trails. Further inland, Maple Lane Farm is a go-to spot for pumpkin picking and haunted hayrides in the fall.

Greenback is also known for a more unusual attraction — the Greenback Castle. This surreal structure was built by one man over decades, incorporating various building styles and religious iconography from multiple cultures. The public is welcome to tour for free, drawing visitors from across the state.

Farm produce and events in the small town of Greenback

The small town of Greenback is the heart of this area, anchored by a public library, a post office and a bank. The Depot Mercantile & Market has a farmers market on Tuesday mornings, and the Greenback Diner has been a staple of the community for over 100 years. “People just like come in to talk and visit,” says Tipton. "It's a good meeting place." Bluestem Hollow is a newer addition, showcasing organic farm produce at their coffee shop and market. A few miles outside of town, Rocky’s Place Ice Cream is a summer favorite, with a mini-golf course right next door.

The community pulls out lawn chairs for the Fourth of July fireworks and bundles up to watch the Christmas parade. Greenback Community Center also has weekly bingo nights, line dancing and exercise classes that bring locals together. “People come for the fellowship,” says Tipton, who has volunteered to lead a class there for over 40 years. The center also has a food pantry for residents in need.

City amenities in Maryville

Although Greenback has a few gas station convenience stores and a Dollar General, the closest grocery stores are in Maryville and Vonore. Vonore is about 10 miles southwest across the lake, and Maryville is 15 miles northeast. Maryville is a decently large city, with a major hospital, shopping mall and the regional McGhee Tyson Airport. Reaching downtown Knoxville is a 30-mile trip, usually around 45 minutes.

Interested in learning more about homes in this area? Reach out to Christy Cj Pace, an experienced agent in this area.

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Greenback Housing Trends

Housing Trends

Median List Price
$587,000
Median Sale Price
$520,000
Median Single Family Sale Price
$565,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
142
Median Home Sale Price YoY Change
0%
Average Price Per Sq Ft
$259

Area Facts

Number of Homes
1,963
Number of Homes for Sale
30
Median Year Built
1996
Months of Supply
2.50
Average Single Family Home Size Sq Ft
2,101
Above the national average
1,930
Median Lot Size Sq Ft
32,670

Open Houses

  • Sunday, Feb 8
    Open Sun 1PM - 4PM

    5812 Caswell Dr, Greenback, TN 37742

    $799,900

    • 4 Beds
    • 3 Baths
    • 2,675 Sq Ft
    • 5812 Caswell Dr
    • New 15 days ago

    4 Bedrooms, 2 On-Suites, 3 Full Bathrooms, 3 Garages! Oversized and custom pantry and Primary closet! Experience effortless one-level luxury living in this stunning new construction home, beautifully crafted with brick and Hardie board on nearly an acre in Franklin Manor. Featuring four spacious bedrooms, three full bathrooms, and a three-car garage, this home blends sophistication with

    Somer Ray Realty Executives Associates

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  • Saturday, Feb 7
    Open Sat 1PM - 3PM

    5065 Chosin Tr, Greenback, TN 37742

    $710,000

    • 3 Beds
    • 4 Baths
    • 2,910 Sq Ft
    • 5065 Chosin Tr
    • New 25 days ago

    This well-maintained, nearly new home offers a highly desirable open-concept layout with 2,910 sq ft, three bedrooms on the main level, and a bonus/4th bedroom with ensuite bath. The thoughtful floor plan provides excellent flow as well as privacy with a split bedroom design The spacious great room features a cathedral ceiling and gas fireplace and flows into the kitchen and dining areas. The

    Sydney Adler Home and Farms Realty

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  • Sunday, Feb 8
    Open Sun 2PM - 4PM

    5910 John Dr, Greenback, TN 37742

    $989,900

    • 4 Beds
    • 3.5 Baths
    • 3,439 Sq Ft
    • 5910 John Dr

    Welcome to 5910 John Drive, a true showpiece offering nearly 3,500 square feet of thoughtfully designed living space with breathtaking mountain views and luxury details throughout. From the moment you arrive, this home makes a statement. The exterior is wrapped in hardie siding, accented with custom-built timber awnings, professional landscaping, and permanent trim lighting that allows you to

    Mandy Hembree Realty Executives Associates

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Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
52''
Average Winter Low Temperature
31°F
Average Summer High Temperature
88°F
Annual Snowfall
12''

Area Factors

Somewhat Bikeable

Bike Score®®

10 / 100

Car-Dependent

Walk Score®®

1 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Greenback
Christy Cj Pace
Pace Probity Asset Management
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