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Featured local agent — Sevierville, TN
Sarah Mitchell
Compass Real Estate · Sevierville, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Sevierville, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$420,775median sale price
How is the Sevierville, TN housing market right now?
The median home sale price in Sevierville, TN is $420,775, down 28.9% year-over-year. Homes sell in an average of 46 days with 217 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Sevierville a buyer's or seller's market?
Sevierville, TN is currently a buyer's market, based on 10.9 months of supply and homes selling in about 46 days. How we determine this →
Homes sold
20
Last 12 weeks
Days on market
46
Average pace
Active listings
217
10.9 months supply
Sale-to-list
97.8%
Below asking
What does the Sevierville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $420,775 |
| Median list price | $427,450 |
| Year-over-year price change | -28.9% |
| Average days on market | 46 days |
| Active inventory | 217 listings |
| Months of supply | 10.9 months |
| Sale-to-list price ratio | 97.8% |
| Median price per sq ft | $250/sq ft |
| Homes sold (latest month) | 20 |
| New listings (latest month) | 60 |
| Listings with a price cut | 23.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Sevierville by property type?
How the Sevierville, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $431,550 | $259/sq ft | 17 | 45 days |
| Condo / Co-op | $385,000 | $242/sq ft | 3 | 179 days |
| Townhouse | $359,500 | $254/sq ft | 2 | 86 days |
Source: Redfin · Updated monthly
The Sevierville housing market is currently classified as a buyer's market with a median sale price of $420,775. Prices have fallen 28.9% compared to last year, with homes spending an average of 46 days on market, indicating 10.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 7.7x provides context for how home values compare to local earning capacity.
Homes for sale in Sevierville
There are currently 217 homes listed for sale in Sevierville, Tennessee. The median listing price is $427K.
Active listings
217
Homes on market
Median list price
$427K
Avg. days on market
46
Days until sale
New this week
60
Newly listed
Who lives in Sevierville?
Population
18,105
Median income
$55,106/yr
Median age
38.9 years
Owner-occupied
52.7%
College grads
21.8%
Avg commute
23.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Sevierville?
Zillow home value
$421,598
Zillow rent index
$1,711/mo
Price-to-rent ratio
20.5x
Price-to-income
7.7x
Source: Zillow Research
What is it like to live in Sevierville?
Sevierville is a community of approximately 18K residents with a median age of 38.9 years.The median household income is $55,106, which represents a working-class community with solid middle-income opportunities. 21.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 52.7%, showing a blend of owner and renter-occupied properties. The average commute time is 23.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Sevierville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Sevierville?
15 schools tracked · 5,070 students
The largest public schools serving Sevierville, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Sevier County High School
Grades 10-12 · 925 students
Sevierville Intermediate
Grades 4-6 · 700 students
Catlettsburg Elementary School
Grades K-6 · 627 students
New Center Elementary
Grades K-6 · 617 students
Pigeon Forge Primary
Grades PK-3 · 532 students
Sevierville Primary
Grades PK-1 · 495 students
Boyds Creek Elementary School
Grades K-6 · 437 students
Catons Chapel Elementary
Grades PK-6 · 301 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Sevierville, TN?
Want a head-to-head view? Compare Sevierville side-by-side with any other U.S. city using our market-comparison tool.
Is Sevierville a good real estate investment market?
For investors evaluating Sevierville, the price-to-rent ratio of 20.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 28.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Sevierville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Sevierville's median home price.
Frequently asked questions
What is the average home price in Sevierville?
The median home sale price in Sevierville is $420,775, down 28.9% from last year.
How long do homes stay on market in Sevierville?
Homes typically spend 46 days on market before going under contract.
What is the median income in Sevierville?
The median household income is $55,106 per year.
Is Sevierville a buyer's or seller's market?
With 10.9 months of supply, Sevierville is currently a buyer's market.
What is the Zillow home value estimate for Sevierville?
The Zillow Home Value Index (ZHVI) for Sevierville is $421,598, representing the typical home value in the area.
What is the median condo price in Sevierville?
The median condo/co-op sale price in Sevierville, TN is $385,000, compared to $431,550 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Sevierville?
The median single-family home price in Sevierville, TN is $431,550 (about $259 per square foot).
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