Why Live in Greentrees
Greentrees, a residential neighborhood in Memphis, features winding streets and mature trees, creating a picturesque environment. Homes are primarily Colonial Revival and ranch-style, with three-bedroom houses typically priced between $250,000 and $300,000, and larger four- and five-bedroom homes reaching up to $575,000. While the neighborhood lacks restaurants, it is conveniently located less than 1 mile from a Kroger-anchored shopping center, which includes dining options like TJ Mulligans and Café Med, as well as a pharmacy. Greentrees is largely car-dependent, with the nearest bus stop nearly 1 mile away, though the Memphis International Airport is just a 20-minute drive. The area is 2 miles from the Interstate 240 ramp, making the 20-mile trip to Downtown Memphis about 25 minutes by car. Residents can enjoy Holmes Park, a small local park with a playground and wooded area, or drive 1.5 miles to the expansive Shelby Farms Park, which offers a variety of outdoor attractions such as fishing, hiking, and adventure sports. The neighborhood experiences higher summer temperatures, with July averages around 82-83 degrees Fahrenheit and highs reaching 91-92 degrees.
Home Trends in Greentrees, TN
On average, homes in Greentrees, Memphis sell after 72 days on the market compared to the national average of 50 days. The median sale price for homes in Greentrees, Memphis over the last 12 months is $410,000, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$410,000
Median Single Family Sale Price
$400,000
Average Price Per Sq Ft
$146
Number of Homes for Sale
8
Last 12 months Home Sales
23
Median List Price
$449,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%