How deep are the price cuts in East Tennessee? A look by price band
The most cuts sit in the $400–600k band, 6 of the 19, with a median cut of 3.4%.
Since the last edition, 19 active listings in East Tennessee lowered their asking price. The median cut is $10,000, or 3.2% of the old asking price. Together the cuts took $297,601 off asking prices. That is 0.2% of the 12,497 active listings in the edition.
The most cuts sit in the $400–600k band, with 6 of the 19 cuts, 32% of them. The median cut there is 3.4% of the old asking price.
Five asking-price bands hold at least one cut. The others: Under $250k has 5, $250–400k has 5, $600–900k has 2 and $900k+ has 1.
The deepest median cut is in the Under $250k band, at 6.7% or $10,000. The shallowest is in the $250–400k band, at 1.4% or $5,000.
In dollars, the median cut runs from $5,000 in the $250–400k band to $15,000 in the $400–600k band, a difference of $10,000.
Listing time differs by band. The median home cut in the $400–600k band had been listed 26 days, and the median home in the $250–400k band 37.
A band is a range of asking prices after the cut, and nothing else. It says what a listing asks now, not who a home is for.
The median listing had been on the market 33 days when its cut was seen, counted to this edition from the listing's own date.
Crossville has the most price cuts, 3 of the 19, with a median cut of 6.7%. Gatlinburg comes next with 3.
The median price cut is $10,000, or 3.2% of the old asking price.
The biggest cut in dollars is at 2519 Ridge Rd, Pigeon Forge, TN 37863 in Pigeon Forge: down $51,000, from $1,250,000 to $1,199,000, or 4.1%.
Nineteen listings cut their asking price, while twenty-one new listings came on the market, so new listings ran ahead by 2.
Nine of the 19 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 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 19 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: 6 of the 19, 32% of them, with a median cut of 3.4%.
Source: AskResi analysis of active East Tennessee MLS listings, November 7, 2026. Asking prices, not sales.
Every price band, as a table
| Price band | Cuts | Median cut | Median days listed |
|---|---|---|---|
| Under $250k | 5 | $10,000 (6.7%) | 31 |
| $250–400k | 5 | $5,000 (1.4%) | 37 |
| $400–600k | 6 | $15,000 (3.4%) | 26 |
| $600–900k | 2 | — | — |
| $900k+ | 1 | — | — |
Every city, as a table
| City | Cuts | Median cut | Total cut |
|---|---|---|---|
| Crossville | 3 | $15,000 (6.7%) | $70,000 |
| Gatlinburg | 3 | $10,000 (1.4%) | $40,900 |
| Knoxville | 3 | $5,000 (2.8%) | $15,100 |
| Harriman | 2 | — | $15,000 |
| Sevierville | 2 | — | $15,100 |
| Cleveland | 1 | — | $501 |
| Del Rio | 1 | — | $20,000 |
| Jacksboro | 1 | — | $15,000 |
| Middlesboro | 1 | — | $30,000 |
| Pigeon Forge | 1 | — | $51,000 |
| Tellico Plains | 1 | — | $25,000 |
Days listed at the cut, as a table
| Days listed at the cut | Cuts | Median cut | Share |
|---|---|---|---|
| Under 30 days | 7 | $10,000 (3.6%) | 37% |
| 30 to 59 days | 8 | $20,000 (4.4%) | 42% |
| 60 to 89 days | 1 | — | 5% |
| 90 to 179 days | 1 | — | 5% |
| 180 days or more | 2 | — | 11% |
The biggest cuts, as a table
| Home | City | Old asking | New asking | Cut |
|---|---|---|---|---|
| 2519 Ridge Rd, Pigeon Forge, TN 37863 | Pigeon Forge | $1,250,000 | $1,199,000 | $51,000 (4.1%) |
| 200 Satsuma Drive, Crossville, TN 38555 | Crossville | $525,000 | $480,000 | $45,000 (8.6%) |
| 706 Ilchester Ave, Middlesboro, KY 40965 | Middlesboro | $119,900 | $89,900 | $30,000 (25%) |
| 1016 Rast Court, Gatlinburg, TN 37738 | Gatlinburg | $589,900 | $560,000 | $29,900 (5.1%) |
| 106 Cagle Rd, Tellico Plains, TN 37385 | Tellico Plains | $875,000 | $850,000 | $25,000 (2.9%) |
Find a home
12 deepest of 19 price cuts · The story behind them ↓
This story is part of the Saturday, November 7, 2026 edition, and the asking-price cuts archive follows it edition by edition. More from the Gazette on Middlesboro housing news, Del Rio housing news, Crossville housing news, Gatlinburg housing news, Jacksboro housing news, Pigeon Forge housing news, Knoxville housing news, Sevierville housing news, Tellico Plains housing news, Harriman housing news and Cleveland housing news. The listings behind it: homes listed in Middlesboro, homes listed in Del Rio, homes listed in Crossville, homes listed in Gatlinburg, homes listed in Jacksboro, homes listed in Pigeon Forge, homes listed in Knoxville, homes listed in Sevierville, homes listed in Tellico Plains, homes listed in Harriman and homes listed in Cleveland.