Which East Tennessee home took the biggest price cut? Dollars and percent
The biggest cut in dollars is at 418 S Gay St 605, Knoxville, TN 37902, down $39,001 or 7.2%; the deepest in percent is 16.1%.
Since the last edition, 37 active listings in East Tennessee lowered their asking price. The median cut is $10,000, or 2.6% of the old asking price. Together the cuts took $464,604 off asking prices. That is 0.3% of the 12,419 active listings in the edition.
The biggest cut in dollars is at 418 S Gay St 605, Knoxville, TN 37902 in Knoxville: down $39,001, from $539,000 to $499,999, or 7.2%.
The deepest cut as a share of the old asking price is at 64 Dunlap Hollow Rd, Middlesboro, KY 40965 in Middlesboro: down 16.1%, from $149,000 to $125,000, which is $24,000.
The next biggest in dollars: 804 Olde Pioneer Tr 145, Knoxville, TN 37923 in Knoxville, down $30,000, 177 Orange Circle, Crossville, TN 38555 in Crossville, down $25,000 and 1465 Piedmont Rd, New Market, TN 37820 in New Market, down $25,000.
For comparison, the median cut is $10,000, or 2.6%, so the biggest cut is $29,001 more than the median.
The home with the biggest cut had been listed 34 days when the cut was seen.
A dollar figure and a percentage answer different questions. A large cut in dollars can be a small share of a high asking price. A deep cut in percent can be a few thousand dollars on a low one. Both are asking prices.
The median price cut is $10,000, or 2.6% of the old asking price.
The most cuts sit in the $250–400k band, with 16 of the 37 cuts, 43% of them. The median cut there is 2.6% of the old asking price.
Knoxville has the most price cuts, 8 of the 37, with a median cut of 4.3%. Maryville comes next with 4.
The median listing had been on the market 53 days when its cut was seen, counted to this edition from the listing's own date.
Thirty-seven listings cut their asking price, while forty-one new listings came on the market, so new listings ran ahead by 4.
Fourteen of the 37 listings cut ask less than the market's median asking price of $349,000 after the cut, and twenty-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 37 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: 16 of the 37, 43% of them, with a median cut of 2.6%.
Source: AskResi analysis of active East Tennessee MLS listings, November 9, 2026. Asking prices, not sales.
Every price band, as a table
| Price band | Cuts | Median cut | Median days listed |
|---|---|---|---|
| Under $250k | 5 | $10,000 (5.9%) | 91 |
| $250–400k | 16 | $9,550 (2.6%) | 53 |
| $400–600k | 13 | $12,900 (2.7%) | 45 |
| $600–900k | 2 | — | — |
| $900k+ | 1 | — | — |
Every city, as a table
| City | Cuts | Median cut | Total cut |
|---|---|---|---|
| Knoxville | 8 | $17,500 (4.3%) | $137,004 |
| Maryville | 4 | $11,450 (2.8%) | $54,800 |
| Byrdstown | 2 | — | $15,000 |
| Cookeville | 2 | — | $17,000 |
| Oak Ridge | 2 | — | $45,000 |
| Blaine | 1 | — | $10,000 |
| Clarkrange | 1 | — | $14,900 |
| Clinton | 1 | — | $7,300 |
| Crossville | 1 | — | $25,000 |
| Englewood | 1 | — | $10,000 |
| Fairfield Glade | 1 | — | $9,100 |
| Gatlinburg | 1 | — | $5,000 |
Days listed at the cut, as a table
| Days listed at the cut | Cuts | Median cut | Share |
|---|---|---|---|
| Under 30 days | 9 | $7,300 (2.6%) | 24% |
| 30 to 59 days | 12 | $10,000 (2.6%) | 32% |
| 60 to 89 days | 2 | — | 5% |
| 90 to 179 days | 11 | $12,900 (2.3%) | 30% |
| 180 days or more | 3 | $5,000 (1%) | 8% |
The biggest cuts, as a table
| Home | City | Old asking | New asking | Cut |
|---|---|---|---|---|
| 418 S Gay St 605, Knoxville, TN 37902 | Knoxville | $539,000 | $499,999 | $39,001 (7.2%) |
| 804 Olde Pioneer Tr 145, Knoxville, TN 37923 | Knoxville | $315,000 | $285,000 | $30,000 (9.5%) |
| 177 Orange Circle, Crossville, TN 38555 | Crossville | $374,900 | $349,900 | $25,000 (6.7%) |
| 1465 Piedmont Rd, New Market, TN 37820 | New Market | $374,900 | $349,900 | $25,000 (6.7%) |
| 114 Deerberry Lane, Oak Ridge, TN 37830 | Oak Ridge | $450,000 | $425,000 | $25,000 (5.6%) |
Find a home
12 deepest of 37 price cuts · The story behind them ↓
This story is part of the Monday, November 9, 2026 edition, and the asking-price cuts archive follows it edition by edition. More from the Gazette on Middlesboro housing news, Knoxville housing news, Crossville housing news, New Market housing news, Byrdstown housing news, Oak Ridge housing news, Maryville housing news, Clarkrange housing news, Cookeville housing news, Blaine housing news, Clinton housing news and Englewood housing news. The listings behind it: homes listed in Middlesboro, homes listed in Knoxville, homes listed in Crossville, homes listed in New Market, homes listed in Byrdstown, homes listed in Oak Ridge, homes listed in Maryville, homes listed in Clarkrange, homes listed in Cookeville, homes listed in Blaine, homes listed in Clinton and homes listed in Englewood.