Sevierville, TN metro area Housing Market
Cold MarketComprehensive housing market data for the Sevierville, TN metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$505K
↑ 1.5% YoY
Days on Market
75 days
↓ 29.2% YoY
Active Inventory
1,834
↑ 12.2% YoY
Homes Sold
144
↓ 20.0% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Sevierville, TN metro area Market Summary
The Sevierville, TN metro area housing market is cooling down. As of March 2026, the median home sale price is $505K, up 1.5% year-over-year. Homes are spending a median of 75 days on the market, 29.2% shorter than a year ago.
There are 1,834 homes for sale — 12.2% more than last year. With 12.7 months of supply, this is a buyer's market. 549 new listings were added during this period, up 22.3% year-over-year.
Homes are selling for 96.0% of their list price on average, suggesting room for negotiation. 10.4% of homes sell above their asking price. 29.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
93
Contributing Factors
How This Market Compares
vs. National Median
vs. Tennessee Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.
Sevierville, TN metro area Market Trends
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Detailed Market Metrics
Median List Price
$600K
Price per Sq Ft
$302
Sale-to-List Ratio
96.0%
Months of Supply
12.7
Sold Above List
10.4%
Price Drops
29.9%
New Listings
549
↑ 22.3% YoY
Pending Sales
225
Off Market in 2 Weeks
28.0%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.