Sevierville, TN

Buyer's market+27.0% YoY

Housing market overview · Updated weekly

$515,000median sale price

Homes sold

21

Last 12 weeks

Days on market

158

Average pace

Active listings

191

9.1 months supply

Sale-to-list

96.7%

Below asking

The Sevierville housing market is currently classified as a buyer's market with a median sale price of $515,000. Prices have risen 27.0% compared to last year, with homes spending an average of 158 days on market, indicating 9.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Sevierville?

The median home sale price in Sevierville is $515,000, up 27.0% from last year.

How long do homes stay on market in Sevierville?

Homes typically spend 158 days on market before going under contract.

Is Sevierville a buyer's or seller's market?

With 9.1 months of supply, Sevierville is currently a buyer's market.

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