Is Sevier County, TN a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Sevier County is a buyer's market


Difference Since November 2022

At the same time last year, Sevier County was a Seller's Market.

Key Takeaway

Sevier County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sevier County, TN

How much do homes in Sevier County, TN cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Sevier County have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Sevier County was $450,148 in November 2023, down 4.4% from last year, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $450K$419K
2 $491.5K$448.9K
3 $409.7K$404.2K
4 $699.9K$720K
5+ $1.1M$1.2M

Summary: Sevier County housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 6.9%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Counties

Blount County
Cocke County
Jefferson County
Sevier County

Housing Supply in Sevier County, TN

How many homes are available in Sevier County, TN?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Sevier County real estate market had 1,037 homes for sale in November 2023, a 5.1% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 7999
2 279296
3 364364
4 157162
5+ 108116

Summary: The Sevier County housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 25.3%, 2 bedroom homes increased by 6.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 7.4%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

69 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sevier County, you may be able to get a good deal. 72.6% of homes here sold below asking price last month.

Summary: A total of 95 homes were sold or pending in Sevier County in November 2023, down by 32.6% month-over-month. Of the 95 sold homes, 73% were sold under asking, 13% were sold at asking, and 15% were sold over asking.

Days on Market for Sevier County, TN

How long does it take to sell a home in Sevier County, TN?

Average Sale Time

Nov 2022Nov 2023CHANGE
59 Days192 Days+223.6%

Summary: Homes in Sevier County had an average of 192 days on market in Nov 2023, up by 223.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Sevier County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2023, 95 homes were sold in Sevier County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in Sevier County, TN

Nearby Markets to Sevier County, TN

What housing markets are near Sevier County, TN?