Are more homes cutting prices than coming on the market in East Tennessee? Today's count
Seventy-one listings cut their asking price, against forty-five new listings.
In East Tennessee, 71 active listings came down in asking price since the last edition. The median cut is $10,000, or 2.2% of the old asking price. Together the cuts took $852,129 off asking prices. That is 0.6% of the 12,452 active listings in the edition.
Seventy-one listings cut their asking price, while forty-five new listings came on the market, so cuts ran ahead by 26.
That is 1.6 cuts for every new listing. More homes came down in price than came on the market.
The last edition counted 19 cuts. This one counts 71, a difference of 52, more.
Against 12,452 active listings, the cuts are 0.6% of the market and the new listings 0.4%.
A new listing is a home that was not on the market at our last check. A cut is a home that was on the market both times and now asks less.
The busiest price band for cuts is the $250–400k band, with 22 of the 71 cuts, 31% of them. The median cut there is 2.6% of the old asking price.
Knoxville has the most price cuts, 15 of the 71, with a median cut of 2%. Crossville comes next with 6.
The median listing had been on the market 49 days when its cut was seen, counted to this edition from the listing's own date.
The median price cut is $10,000, or 2.2% of the old asking price.
The biggest cut in dollars is at 147 Bradbury Lane, Crossville, TN 38555 in Crossville: down $49,100, from $499,000 to $449,900, or 9.8%.
Twenty-eight of the 71 listings cut ask less than the market's median asking price of $349,000 after the cut, and forty-three 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 71 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 busiest price band for cuts is the $250–400k band, with 22 of the 71 cuts, 31% of them. The median cut there is 2.6% of the old asking price.
Five asking-price bands hold at least one cut. The others: Under $250k has 12, $400–600k has 17, $600–900k has 14 and $900k+ has 6.
The most price cuts are in the $250–400k band: 22 of the 71, 31% of them, with a median cut of 2.6%.
Source: AskResi analysis of active East Tennessee MLS listings, November 8, 2026. Asking prices, not sales.
Every price band, as a table
| Price band | Cuts | Median cut | Median days listed |
|---|---|---|---|
| Under $250k | 12 | $5,000 (2.4%) | 25 |
| $250–400k | 22 | $9,050 (2.6%) | 38 |
| $400–600k | 17 | $10,000 (2.4%) | 52 |
| $600–900k | 14 | $10,000 (1.5%) | 73 |
| $900k+ | 6 | $25,000 (2.6%) | 44 |
Every city, as a table
| City | Cuts | Median cut | Total cut |
|---|---|---|---|
| Knoxville | 15 | $9,100 (2%) | $151,210 |
| Crossville | 6 | $7,500 (2.2%) | $95,100 |
| Maynardville | 5 | $20,000 (10%) | $94,901 |
| Lenoir City | 4 | $8,325 (1.5%) | $47,650 |
| Maryville | 4 | $11,000 (2.3%) | $72,400 |
| Oak Ridge | 4 | $7,000 (2%) | $29,000 |
| Sevierville | 4 | $20,000 (2.6%) | $90,000 |
| Loudon | 3 | $1,000 (0.5%) | $5,200 |
| Tellico Plains | 3 | $190 (0.1%) | $570 |
| Benton | 2 | — | $25,100 |
| Kingston | 2 | — | $15,000 |
| Pigeon Forge | 2 | — | $20,000 |
Days listed at the cut, as a table
| Days listed at the cut | Cuts | Median cut | Share |
|---|---|---|---|
| Under 30 days | 21 | $10,000 (2.4%) | 30% |
| 30 to 59 days | 21 | $10,000 (2.4%) | 30% |
| 60 to 89 days | 12 | $10,000 (2%) | 17% |
| 90 to 179 days | 14 | $5,000 (1.1%) | 20% |
| 180 days or more | 3 | $15,000 (2.4%) | 4% |
The biggest cuts, as a table
| Home | City | Old asking | New asking | Cut |
|---|---|---|---|---|
| 147 Bradbury Lane, Crossville, TN 38555 | Crossville | $499,000 | $449,900 | $49,100 (9.8%) |
| 1587 Rainbow Ridge Way, Sevierville, TN 37862 | Sevierville | $1,195,000 | $1,150,000 | $45,000 (3.8%) |
| 3508 E Lamar Alexander Pkwy, Maryville, TN 37804 | Maryville | $989,900 | $949,500 | $40,400 (4.1%) |
| 542 Little Valley Rd, Maynardville, TN 37807 | Maynardville | $325,000 | $290,000 | $35,000 (10.8%) |
| 443 Hilltop Drive, Jefferson City, TN 37760 | Jefferson City | $329,900 | $299,900 | $30,000 (9.1%) |
Find a home
12 deepest of 71 price cuts · The story behind them ↓
This story is part of the Sunday, November 8, 2026 edition, and the asking-price cuts archive follows it edition by edition. More from the Gazette on Maynardville housing news, Crossville housing news, Jefferson City housing news, Lenoir City housing news, Benton housing news, Strawberry Plains housing news, Harrogate housing news, Knoxville housing news, Crawford housing news, Maryville housing news, Oak Ridge housing news and Sevierville housing news. The listings behind it: homes listed in Maynardville, homes listed in Crossville, homes listed in Jefferson City, homes listed in Lenoir City, homes listed in Benton, homes listed in Strawberry Plains, homes listed in Harrogate, homes listed in Knoxville, homes listed in Crawford, homes listed in Maryville, homes listed in Oak Ridge and homes listed in Sevierville.