Are more homes cutting prices than coming on the market in East Tennessee? Today's count
Eighteen listings cut their asking price, against thirteen new listings.
Since the last edition, 18 active listings in East Tennessee lowered their asking price. The median cut is $12,550, or 3.5% of the old asking price. Together the cuts took $638,200 off asking prices. That is 0.1% of the 12,691 active listings in the edition.
Eighteen listings cut their asking price, while thirteen new listings came on the market, so cuts ran ahead by 5.
That is 1.4 cuts for every new listing. More homes came down in price than came on the market.
The last edition counted 295 cuts. This one counts 18, a difference of 277, fewer.
Against 12,691 active listings, the cuts are 0.1% of the market and the new listings 0.1%.
A new listing is a home in the latest read that was not in the earlier one. A cut is a home in both reads whose asking price is lower in the latest. Both counts come from our own copy of the feed.
The most cuts sit in the $250–400k band, with 7 of the 18 cuts, 39% of them. The median cut there is 2.9% of the old asking price.
Knoxville has the most price cuts, 4 of the 18, with a median cut of 2.6%. Cleveland comes next with 2.
The median listing had been on the market 93 days when its cut was seen, counted to this edition from the listing's own date.
The median price cut is $12,550, or 3.5% of the old asking price.
The biggest cut in dollars is at 2627 Tuckaleechee Pike, Maryville, TN 37803 in Maryville: down $200,000, from $1,999,900 to $1,799,900, or 10%.
Eight of the 18 listings cut ask less than the market's median asking price of $349,000 after the cut, and ten ask more.
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 cut is counted when our copy saw a listing's asking price lower than it was in the earlier read, and the old price is the one our copy saw. A listing cut before our copy began, or cut twice between two reads, shows as one cut. A median needs three listings with a figure, and it is left out when there are fewer. The page counts 18 cuts.
Each row of the tables below opens the homes behind it, so a count can be checked against the listings it counts. Every price band and every city that has a cut is listed, with the median cut for each.
This page leaves a lot out on purpose. It does not say why a price came down, because the feed does not say. It reads no listing remarks, and it names no seller. It says nothing about who a home is for. What it can do is count the cuts, size them against the old asking price and show where each home is.
The cards under the chart show the biggest cuts first, ordered by the share of the old asking price that came off. The search above them looks through every active home, so a home that is not among the cards can still be found by city, price or bedrooms.
The most cuts sit in the $250–400k band, with 7 of the 18 cuts, 39% of them. The median cut there is 2.9% of the old asking price.
The most price cuts are in the $250–400k band: 7 of the 18, 39% of them, with a median cut of 2.9%.
Every price band, as a table
| Price band | Cuts | Median cut | Median days listed |
|---|---|---|---|
| Under $250k | 3 | $15,000 (9.1%) | 118 |
| $250–400k | 7 | $10,000 (2.9%) | 71 |
| $400–600k | 4 | $36,800 (6.2%) | 315 |
| $600–900k | 1 | — | — |
| $900k+ | 3 | $75,000 (3%) | 135 |
Every city, as a table
| City | Cuts | Median cut | Total cut |
|---|---|---|---|
| Knoxville | 4 | $8,000 (2.6%) | $50,500 |
| Cleveland | 2 | — | $137,600 |
| Madisonville | 2 | — | $14,000 |
| Chattanooga | 1 | — | $15,000 |
| Corryton | 1 | — | $1,000 |
| Gatlinburg | 1 | — | $75,000 |
| Maryville | 1 | — | $200,000 |
| New Market | 1 | — | $10,000 |
| Oak Ridge | 1 | — | $48,000 |
| Sevierville | 1 | — | $10,000 |
| Sparta | 1 | — | $8,000 |
| Ten Mile | 1 | — | $30,100 |
Days listed at the cut, as a table
| Days listed at the cut | Cuts | Median cut | Share |
|---|---|---|---|
| Under 30 days | 4 | $29,050 (4.3%) | 22% |
| 30 to 59 days | 3 | $5,000 (1.5%) | 17% |
| 60 to 89 days | 2 | — | 11% |
| 90 to 179 days | 5 | $30,000 (3.4%) | 28% |
| 180 days or more | 4 | $68,800 (8.4%) | 22% |
The biggest cuts, as a table
| Home | City | Old asking | New asking | Cut |
|---|---|---|---|---|
| 2627 Tuckaleechee Pike, Maryville, TN 37803 | Maryville | $1,999,900 | $1,799,900 | $200,000 (10%) |
| 245 Brownsridge Rd, Gatlinburg, TN 37738 | Gatlinburg | $2,474,900 | $2,399,900 | $75,000 (3%) |
| Tract 26B Hughes Lake Road SE, Cleveland, TN 37323 | Cleveland | $572,900 | $499,900 | $73,000 (12.7%) |
| Tract 26A Hughes Lake Road SE, Cleveland, TN 37323 | Cleveland | $614,500 | $549,900 | $64,600 (10.5%) |
| 108 Amanda Place, Oak Ridge, TN 37830 | Oak Ridge | $798,000 | $750,000 | $48,000 (6%) |
Find a home
12 deepest of 18 price cuts · The story behind them ↓
This story is part of the Saturday, October 31, 2026 edition, and the asking-price cuts archive follows it edition by edition. More from the Gazette on Townsend housing news, Cleveland housing news, Maryville housing news, Ten Mile housing news, Chattanooga housing news, Knoxville housing news, Oak Ridge housing news, New Market housing news, Sevierville housing news, Gatlinburg housing news, Sparta housing news and Madisonville housing news. The listings behind it: homes listed in Townsend, homes listed in Cleveland, homes listed in Maryville, homes listed in Ten Mile, homes listed in Chattanooga, homes listed in Knoxville, homes listed in Oak Ridge, homes listed in New Market, homes listed in Sevierville, homes listed in Gatlinburg, homes listed in Sparta and homes listed in Madisonville.