Where are asking prices coming down in East Tennessee? City by city
Knoxville has the most price cuts, 32 of the 147, and 54 cities have at least one.
Since the last edition, 147 active listings in East Tennessee lowered their asking price. The median cut is $10,000, or 2.7% of the old asking price. Together the cuts took $2,235,354 off asking prices. That is 1.2% of the 12,391 active listings in the edition.
Knoxville has the most price cuts, 32 of the 147, with a median cut of 2.2%. Sevierville comes next with 18.
In all, 54 cities, as the listings spell them, have at least one cut. The next four: Crossville has 8, Lenoir City has 8, Jamestown has 5 and Maryville has 5.
Among cities with three or more cuts, the median cut is deepest in Rockwood, at 28.4%, and shallowest in Lenoir City, at 0.7%.
In dollars, Knoxville took the most off, $410,300 across 32 listings. That is also the city with the most cuts.
The median asking price after the cut is $411,125 in Knoxville. In Sevierville it is $625,000, a difference of $213,875.
The city is whatever the listing says it is. The MLS does not name a county on these listings, so the page does not either.
The most cuts sit in the $400–600k band, with 39 of the 147 cuts, 27% of them. The median cut there is 1.8% of the old asking price.
The median listing had been on the market 56 days when its cut was seen, counted to this edition from the listing's own date.
The median price cut is $10,000, or 2.7% of the old asking price.
The biggest cut in dollars is at 295 Bob Wright Rd, Maynardville, TN 37807 in Maynardville: down $250,000, from $2,650,000 to $2,400,000, or 9.4%.
One hundred forty-seven listings cut their asking price, while one hundred forty new listings came on the market, so cuts ran ahead by 7.
Fifty-seven of the 147 listings cut ask less than the market's median asking price of $348,900 after the cut, and ninety ask more.
Every price on this page is an asking price on an active listing, taken from the MLS listings as of our latest check. A cut is counted when a listing's asking price is lower than it was at our last check. A listing cut twice since then shows as one cut. A median needs three listings with a figure, and it is left out when there are fewer. The page counts 147 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 MLS 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 price cuts are in the $400–600k band: 39 of the 147, 27% of them, with a median cut of 1.8%.
Source: AskResi analysis of active East Tennessee MLS listings, November 5, 2026. Asking prices, not sales.
Every price band, as a table
| Price band | Cuts | Median cut | Median days listed |
|---|---|---|---|
| Under $250k | 37 | $6,000 (4.4%) | 86 |
| $250–400k | 34 | $10,000 (2.9%) | 40 |
| $400–600k | 39 | $10,000 (1.8%) | 44 |
| $600–900k | 31 | $10,000 (1.1%) | 56 |
| $900k+ | 6 | $60,000 (4.2%) | 84 |
Every city, as a table
| City | Cuts | Median cut | Total cut |
|---|---|---|---|
| Knoxville | 32 | $10,000 (2.2%) | $410,300 |
| Sevierville | 18 | $10,000 (2.6%) | $353,025 |
| Crossville | 8 | $12,001 (3.9%) | $93,001 |
| Lenoir City | 8 | $3,750 (0.7%) | $37,500 |
| Jamestown | 5 | $10,000 (4.1%) | $65,000 |
| Maryville | 5 | $15,000 (2.8%) | $80,099 |
| Rockwood | 4 | $15,000 (28.4%) | $54,001 |
| Andersonville | 3 | $10,000 (1.8%) | $32,000 |
| Clinton | 2 | — | $80,010 |
| Cookeville | 2 | — | $4,000 |
| Corryton | 2 | — | $17,000 |
| Dandridge | 2 | — | $59,100 |
Days listed at the cut, as a table
| Days listed at the cut | Cuts | Median cut | Share |
|---|---|---|---|
| Under 30 days | 36 | $10,000 (2.6%) | 24% |
| 30 to 59 days | 43 | $6,000 (1.8%) | 29% |
| 60 to 89 days | 18 | $5,550 (2.8%) | 12% |
| 90 to 179 days | 33 | $10,000 (2.4%) | 22% |
| 180 days or more | 17 | $10,100 (3.8%) | 12% |
The biggest cuts, as a table
| Home | City | Old asking | New asking | Cut |
|---|---|---|---|---|
| 295 Bob Wright Rd, Maynardville, TN 37807 | Maynardville | $2,650,000 | $2,400,000 | $250,000 (9.4%) |
| S New Era Rd, Sevierville, TN 37868 | Sevierville | $2,100,000 | $1,999,000 | $101,000 (4.8%) |
| 4802 Old Dogwood Tr, Loudon, TN 37774 | Loudon | $305,000 | $234,000 | $71,000 (23.3%) |
| 3305 Bunker Hill Drive, Knoxville, TN 37920 | Knoxville | $1,455,000 | $1,385,000 | $70,000 (4.8%) |
| 128 Bates St, Charleston, TN 37310 | Charleston | $189,000 | $130,000 | $59,000 (31.2%) |
Find a home
12 deepest of 147 price cuts · The story behind them ↓
This story is part of the Thursday, November 5, 2026 edition, and the asking-price cuts archive follows it edition by edition. More from the Gazette on Rockwood housing news, Charleston housing news, Loudon housing news, Dandridge housing news, Clinton housing news, Strawberry Plains housing news, Crossville housing news, Maryville housing news, Pineville housing news, Maynardville housing news, Knoxville housing news and Sevierville housing news. The listings behind it: homes listed in Rockwood, homes listed in Charleston, homes listed in Loudon, homes listed in Dandridge, homes listed in Clinton, homes listed in Strawberry Plains, homes listed in Crossville, homes listed in Maryville, homes listed in Pineville, homes listed in Maynardville, homes listed in Knoxville and homes listed in Sevierville.