Which size of home is cutting prices in East Tennessee? The bedroom read
The most cuts are on homes with 3 bedrooms, 136 of the 318 that state a count.
In East Tennessee, 356 active listings came down in asking price since the last edition. The median cut is $10,000, or 2.5% of the old asking price. Together the cuts took $6,398,775 off asking prices. That is 2.8% of the 12,497 active listings in the edition.
The most cuts are on homes with 3 bedrooms, 136 of the 318 cuts that state a bedroom count, 43% of them.
The other sizes: 1–2 bedrooms has 74, 4 bedrooms has 75 and 5+ bedrooms has 33.
The median cut is deepest, 2.5%, on homes with 5+ bedrooms and shallowest, 2.2%, on homes with 3 bedrooms.
In dollars, the median cut is $10,000 on homes with 3 bedrooms and $6,250 on homes with 1–2 bedrooms.
Thirty-eight cuts are on listings that state no bedroom count and are left out of this mix.
A bedroom count is whatever the listing states. The page describes the cuts and says nothing about who a home is for.
The busiest price band for cuts is the $250–400k band, with 118 of the 356 cuts, 33% of them. The median cut there is 2.5% of the old asking price.
Knoxville has the most price cuts, 100 of the 356, with a median cut of 2.5%. Sevierville comes next with 34.
The median price cut is $10,000, or 2.5% of the old asking price.
The median listing had been on the market 54 days when its cut was seen, counted to this edition from the listing's own date.
The biggest cut in dollars is at 1969 Trace Way, Sevierville, TN 37862 in Sevierville: down $500,000, from $1,500,000 to $1,000,000, or 33.3%.
Three hundred fifty-six listings cut their asking price, while three hundred new listings came on the market, so cuts ran ahead by 56.
One hundred thirty-nine of the 356 listings cut ask less than the market's median asking price of $349,000 after the cut, and two hundred seventeen 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 356 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 $250–400k band: 118 of the 356, 33% of them, with a median cut of 2.5%.
Source: AskResi analysis of active East Tennessee MLS listings, November 6, 2026. Asking prices, not sales.
Every price band, as a table
| Price band | Cuts | Median cut | Median days listed |
|---|---|---|---|
| Under $250k | 76 | $6,700 (4.4%) | 59 |
| $250–400k | 118 | $10,000 (2.5%) | 47 |
| $400–600k | 89 | $10,000 (2%) | 50 |
| $600–900k | 46 | $10,000 (1.5%) | 71 |
| $900k+ | 27 | $49,000 (2.7%) | 56 |
Every city, as a table
| City | Cuts | Median cut | Total cut |
|---|---|---|---|
| Knoxville | 100 | $10,000 (2.5%) | $1,561,372 |
| Sevierville | 34 | $10,000 (1.4%) | $1,370,459 |
| Gatlinburg | 18 | $3,000 (1.7%) | $267,710 |
| Corryton | 16 | $10,000 (2.5%) | $156,500 |
| Loudon | 11 | $12,000 (4.7%) | $173,000 |
| Maryville | 11 | $10,000 (1.7%) | $294,500 |
| LaFollette | 8 | $10,000 (4.1%) | $84,799 |
| Crossville | 7 | $10,000 (3.4%) | $72,500 |
| Pigeon Forge | 7 | $9,900 (1.3%) | $78,981 |
| Seymour | 7 | $10,000 (2.4%) | $120,101 |
| Dandridge | 6 | $6,300 (1.3%) | $42,618 |
| Lenoir City | 6 | $10,050 (2.6%) | $110,000 |
Days listed at the cut, as a table
| Days listed at the cut | Cuts | Median cut | Share |
|---|---|---|---|
| Under 30 days | 107 | $10,000 (2.5%) | 30% |
| 30 to 59 days | 92 | $10,000 (2.5%) | 26% |
| 60 to 89 days | 60 | $10,000 (2.6%) | 17% |
| 90 to 179 days | 67 | $10,000 (2.5%) | 19% |
| 180 days or more | 30 | $10,000 (3.5%) | 8% |
The biggest cuts, as a table
| Home | City | Old asking | New asking | Cut |
|---|---|---|---|---|
| 1969 Trace Way, Sevierville, TN 37862 | Sevierville | $1,500,000 | $1,000,000 | $500,000 (33.3%) |
| 1969 Trace Way, Sevierville, TN 37862 | Sevierville | $1,500,000 | $1,000,000 | $500,000 (33.3%) |
| 10732 Richland with 7.6 Acres Rd, Mascot, TN 37806 | Mascot | $895,000 | $695,000 | $200,000 (22.3%) |
| 4967 Scenic Point Channel, Louisville, TN 37777 | Louisville | $2,500,000 | $2,300,000 | $200,000 (8%) |
| 706 Nocks Drive, Gatlinburg, TN 37738 | Gatlinburg | $2,272,000 | $2,099,000 | $173,000 (7.6%) |
Find a home
12 deepest of 356 price cuts · The story behind them ↓
This story is part of the Friday, November 6, 2026 edition, and the asking-price cuts archive follows it edition by edition. More from the Gazette on Maryville housing news, Sevierville housing news, Decatur housing news, LaFollette housing news, Mascot housing news, Harriman housing news, Townsend housing news, Etowah housing news, Crossville housing news, Knoxville housing news, Gatlinburg housing news and Corryton housing news. The listings behind it: homes listed in Maryville, homes listed in Sevierville, homes listed in Decatur, homes listed in LaFollette, homes listed in Mascot, homes listed in Harriman, homes listed in Townsend, homes listed in Etowah, homes listed in Crossville, homes listed in Knoxville, homes listed in Gatlinburg and homes listed in Corryton.