The Hot Sheet · By city · Fri, Oct 30 · No. 7

Knoxville has the most price cuts, thirty-eight homes, with a median cut of 2.3%

Fifty cities named · 38 cuts in the leader · median cut $10,000.

Gazette desk · published Oct 30, 2026 · figures as of 7:00 AM EDT

Among the 150 price cuts in East Tennessee since the last edition, Knoxville has the most, thirty-eight, or 25% of them.

A cut is counted when our copy of the MLS feed saw a listing's asking price lower than it was in the earlier read. The old price is the one our copy saw, so a listing cut before our copy began, or cut twice between two reads, shows as one cut. Every price here is an asking price on an active listing, and a median needs three homes or it is left out.

Together the Knoxville cuts took $777,705 off asking prices, and the median cut is $10,000, or 2.3% of the old asking price. After the cut, asking prices run from $184,900 to $3,200,000, and the median asking price is $359,900. That median cut is 0.3 points shallower than the 2.6% median across every price cut in the edition. The median home had been listed 52 days when its cut was seen, counted to this edition from the listing's own date.

The biggest cut among them is at 5315 Bent River Blvd, Knoxville, TN 37919 in Knoxville: down $295,000, from $3,495,000 to $3,200,000, or 8.4%.

A home belongs to the city its listing names, spelled as the listing spells it. A different spelling of the same city is counted under its own spelling, so the counts below are of the names as listed.

The table lists the cities with the most cuts, up to twelve, and each row opens the homes in it. The twenty-four deepest cuts of the 38 are shown below, and the search on the main page looks through every active home. Each address opens that home's own page.

Cities with price cuts

The deepest 24 of 38 price cuts