Do new homes in East Tennessee wait longer on the market than resale homes? The days read

The MLS marks 861 active listings in East Tennessee as new construction. Every one shows an asking price, from $64,900 to $8,500,000, and the median asking price is $507,973. The median listing has been on the market 71 days.

The median new-construction listing has been on the market 71 days, against 63 for the median resale home, a difference of 8 days.

The comparison uses 7,527 resale listings from the same places. A resale home is any active home the feed does not mark as new construction.

By price band, the median listing in $500–650k has been up 58 days and the median listing in $400–500k 82.

Move-in ready listings have been up a median 126 days, and listings still being built or just finished 64.

Days on market runs from the listing date to this edition for homes that are still active. It is not the full time a home takes to find a buyer, because these homes are still listed.

Of the 860 new-construction listings that state a year built, 183 carry a year built before 2026, 21% of them. This page counts those as move-in ready.

Of the 860 new-construction listings that state a year built, 677 carry a year built of 2026 or 2027, 79% of them. This page counts those as still being built or just finished.

The MLS feed marks a listing as new construction, and that is all it says about the build. It carries no construction status and no expected completion date, and this page never reads a listing's remarks for one. So the split here is by year built and days on market, nothing more. A home with a year built before 2026 is counted as move-in ready. A home with a year built of 2026 or 2027 is counted as still being built or just finished. That is a reading of two fields, and a home's own page is the place to confirm what stage it is in.

The biggest price band is $800k+, with 186 of the 861 priced new-construction listings, 22% of them.

Knoxville has the most new-construction listings, 299 of the 861, with the lowest asking price at $259,900. Lenoir City comes next with 55.

The median new-construction listing asks $260 per square foot, against $233 for the median resale home, a difference of $27.

The most common size is 3 bedrooms, with 461 of the 860 new-construction listings that state a bedroom count, 54% of them.

The office that has listed the most new homes is Realty Executives Associates, with 124 of the 861, 14% of the page.

Every price on this page is an asking price on an active listing, taken from the MLS feed and our own copy of it as of this edition. A median needs three listings with a figure, and it is left out when there are fewer. A listing office is the office that listed the home, and the feed does not say who built it. The page counts 861 new-construction listings, and every figure here is a count or a median of those.

Each row of the tables below opens the homes behind it, so a count can be checked against the listings it counts. The newest listings are shown as cards under the chart, and the search above them looks through every new-construction listing, not only the ones shown.