$250,000
4.30 Acres
Land
Listing Office: Tennessee Mountain Real Estate
Is Sevierville, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Sevierville was a Seller's Market.
Key Takeaway
Sevierville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sevierville, TN
How much do homes in Sevierville, TN cost?
Median Sold Price
$486,000
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,000(+2.3%)
Key Takeaway
Homes in Sevierville have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Sevierville was $486,000 in October 2024, up 2.3% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $412K | -3.1% |
| 2 Bedrooms | $482.5K | $470K | -2.6% |
| 3 Bedrooms | $425.7K | $450K | +5.7% |
| 4 Bedrooms | $780K | $855K | +9.6% |
| 5+ Bedrooms | $1.1M | $1.2M | +5.2% |
Summary: Sevierville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 5.2%.
Median Sold Price Compared To Nearby Cities
| Kodak | $377.4K | $410K | +8.6% |
| Sevierville | $475K | $486K | +2.3% |
| Pigeon Forge | $545K | $550K | +0.9% |
Housing Supply in Sevierville, TN
How many homes are available in Sevierville, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 669 | 741 | +10.8% |
Summary: The Sevierville real estate market had 741 homes for sale in October 2024, a 10.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 76 | 84 | +10.5% |
| 2 Bedrooms | 188 | 206 | +9.6% |
| 3 Bedrooms | 243 | 266 | +9.5% |
| 4 Bedrooms | 86 | 105 | +22.1% |
| 5+ Bedrooms | 76 | 80 | +5.3% |
Summary: The Sevierville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 55 | +14.6% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sevierville, you may be able to get a good deal. 69.1% of homes here sold below asking price last month.
Summary: A total of 55 homes were sold or pending in Sevierville in October 2024, up by 14.6% month-over-month. Of the 55 sold homes, 69% were sold under asking, 22% were sold at asking, and 9% were sold over asking.
Days on Market for Sevierville, TN
How long does it take to sell a home in Sevierville, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 73 Days | 73 Days | +0.5% |
Summary: Homes in Sevierville had an average of 73 days on market in Oct 2024, up by 0.5% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sevierville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 55 homes were sold in Sevierville; 38% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.