What does a new home in East Tennessee ask per square foot against a resale home? The size read

In East Tennessee, 886 active listings carry the MLS's own new-construction marker. Every one shows an asking price, from $59,900 to $8,500,000, and the median asking price is $500,000. The median listing has been on the market 70 days.

The median new-construction listing asks $261 per square foot, against $233 for the median resale home, a difference of $28.

Only listings that state a size and an asking price count here: 885 of the 886 new-construction listings, and 7,280 resale listings for the comparison. A size is the interior area the listing states, and a listing with none is left out.

By city, the median asking price per square foot in Knoxville is $251. In Sevierville it is $272, a difference of $21.

Move-in ready listings ask a median $263 per square foot, and listings still being built or just finished ask $259.

A price per square foot divides an asking price by a stated size. It describes what a listing asks and nothing more, and two homes with the same figure can differ in many ways the MLS does not record.

Of the 885 new-construction listings that state a year built, 176 carry a year built before 2026, 20% of them. This page counts those as move-in ready.

Of the 885 new-construction listings that state a year built, 709 carry a year built of 2026 or 2027, 80% of them. This page counts those as still being built or just finished.

The MLS marks a listing as new construction, and that is all it says about the build. It gives no construction status and no expected completion date, and this page never reads a listing's remarks for one. So the split here is by year built and days on market, nothing more. A home with a year built before 2026 is counted as move-in ready. A home with a year built of 2026 or 2027 is counted as still being built or just finished. That is a reading of two fields, and a home's own page is the place to confirm what stage it is in.

The most listings sit in the band $800k+, with 190 of the 886 priced new-construction listings, 21% of them.

Knoxville has the most new-construction listings, 299 of the 886, with the lowest asking price at $262,900. Sevierville comes next with 58.

The median new-construction listing has been on the market 70 days, against 64 for the median resale home, a difference of 6 days.

The most common size is 3 bedrooms, with 471 of the 885 new-construction listings that state a bedroom count, 53% of them.

The listing office with the most new-construction listings is Realty Executives Associates, with 125 of the 886, 14% of the page.

Every price on this page is an asking price on an active listing, taken from the MLS listings as of our latest check. A median needs three listings with a figure, and it is left out when there are fewer. A listing office is the office that listed the home, and the MLS does not say who built it. The page counts 886 new-construction listings, and every figure here is a count or a median of those.

Each row of the tables below opens the homes behind it, so a count can be checked against the listings it counts. The newest listings are shown as cards under the chart, and the search above them looks through every new-construction listing, not only the ones shown.