Market Intelligence Report — TN-940

Sevierville, TN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TN-09
As of the latest 2026 data
Very Weak

Median Listing

$590K
-8.0% YoY

Pending Ratio

0.20
+1.9% YoY

Active Inventory

2,180
+8.9% YoY

Median DOM

95 Days
+0.5% YoY

Primary Intelligence Tool — Sold Score™

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The Sevierville housing market is currently experiencing very weak demand absorption, with a pending ratio of 0.20. This indicates a significant imbalance where demand is severely lagging the available supply.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Sevierville market right now.

Active listings have increased by 8.9% year-over-year to 2,180 units, while new listings also rose by 13.0% over the past year. Concurrently, the median listing price has declined by 8.0% year-over-year, alongside a 3.3% year-over-year decrease in the median price per square foot, suggesting broader price adjustments across the market. Despite a modest year-over-year increase in the pending ratio, its absolute level remains low.

Historical Analysis

Market Trends

Median Price

$590K-1.7% MoM

Active Inventory

2,180+8.9% YoY

Days on Market

95+0.5% YoY

Sold Score™

16+1.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

16
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.20 and increasing inventory, prospective purchasers possess considerable leverage. The current environment favors price discipline and extended timelines for transactions, as competition for available properties is limited and supply is readily available.

Luxury Segment

The average listing price in Sevierville, at $754,615, is notably higher than the median listing price of $589,500. This elevated spread, combined with a 7.6% year-over-year decline in the average listing price, suggests particular softness in the higher-priced segments of the market.

Supply Dynamics

2,180 active listings represent the current floor, with new supply arriving at roughly 418 per month.

Pricing Pressure
27.7%

of active listings carry a price reduction, -1.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -3.3% year-over-year.

Absorption
0.20

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Sevierville, TN? Buyer Demand Index is running at 20%.

Buyers have leverage in Sevierville, TN. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
20%
Median Days on Market
95 days
Inventory YoY
+9%

In a buyer's market, strategy beats timing. See how your home scores in Sevierville, TN and what moves the number.

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Metro Demographics

Metro Area
Sevierville, TN
CBSA Code
42940
State
TN