The Hot Sheet · By price band
Four price cuts now ask $250–400k, the busiest band
Four asking-price bands hold a cut · 4 cuts in the busiest · median 53 days listed.
Among the 13 price cuts in East Tennessee since the last edition, four now ask in the $250–400k band, more than in any other. That is 31% of the cuts.
The bands run in steps from under $250,000 to $900,000 and up, and a home goes in the band its asking price falls in after the cut. The busiest three: $250–400k has four, $400–600k has four, $600–900k has three.
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. Every price here is an asking price on an active listing, and a median needs three homes or it is left out.
Together the $250–400k cuts took $42,600 off asking prices, and the median cut is $10,000, or 3% of the old asking price. After the cut, asking prices run from $319,900 to $385,000, and the median asking price is $329,950. That median cut is 1.5 points deeper than the 1.5% median across every price cut in the edition. The median home had been listed 53 days when its cut was seen, counted to this edition from the listing's own date.
The biggest cut among them is at 163 & 159 Lakeside Drive, Crossville, TN 38558 in Crossville: down $17,600, from $337,500 to $319,900, or 5.2%.
The table shows every band that holds a cut, and each row opens the homes in it. Every one of the four cuts is shown below. Each address opens that home's own page.
Asking-price bands
| Price band | Cuts | Share | Median cut |
|---|---|---|---|
| Under $250k | 2 | 15% | — |
| $250–400k | 4 | 31% | $10,000 (3%) |
| $400–600k | 4 | 31% | $7,500 (1.5%) |
| $600–900k | 3 | 23% | $5,000 (0.7%) |