How big is a typical price cut in East Tennessee? The size read
The median cut is $10,000, or 2.3% of the old asking price, among 158 cuts.
Since the last edition, 158 active listings in East Tennessee lowered their asking price. The median cut is $10,000, or 2.3% of the old asking price. Together the cuts took $2,754,822 off asking prices. That is 1.3% of the 12,484 active listings in the edition.
The median price cut is $10,000, or 2.3% of the old asking price.
Most cuts fall in the under 3 percent step, 96 of the 158, 61% of them. The other steps: 3 to 5 percent has 32, 5 to 10 percent has 23 and 10 percent or more has 7.
Seven cuts took ten percent or more off the old asking price.
The biggest single cut is $180,000, against a median of $10,000.
After the cut, the median asking price of these homes is $409,450. The median asking price of every active home is $345,000.
The size of a cut is measured against the asking price we saw before it. It is a fact about a price, not a judgment of the home or of the seller.
The most cuts sit in the $250–400k band, with 47 of the 158 cuts, 30% of them. The median cut there is 2.5% of the old asking price.
Knoxville has the most price cuts, 43 of the 158, with a median cut of 1.5%. Sevierville comes next with 24.
The median listing had been on the market 58 days when its cut was seen, counted to this edition from the listing's own date.
The biggest cut in dollars is at 1155 Marble Hill Rd, Friendsville, TN 37737 in Friendsville: down $180,000, from $1,275,000 to $1,095,000, or 14.1%.
One hundred fifty-eight listings cut their asking price, while one hundred thirty-nine new listings came on the market, so cuts ran ahead by 19.
Sixty-three of the 158 listings cut ask less than the market's median asking price of $345,000 after the cut, and ninety-five 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 158 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: 47 of the 158, 30% of them, with a median cut of 2.5%.
Source: AskResi analysis of active East Tennessee MLS listings, November 14, 2026. Asking prices, not sales.
Every price band, as a table
| Price band | Cuts | Median cut | Median days listed |
|---|---|---|---|
| Under $250k | 30 | $8,000 (3.5%) | 77 |
| $250–400k | 47 | $9,000 (2.5%) | 64 |
| $400–600k | 41 | $10,000 (1.8%) | 62 |
| $600–900k | 26 | $10,000 (1.4%) | 31 |
| $900k+ | 14 | $50,450 (3.8%) | 56 |
Every city, as a table
| City | Cuts | Median cut | Total cut |
|---|---|---|---|
| Knoxville | 43 | $7,000 (1.5%) | $586,677 |
| Sevierville | 24 | $10,000 (1.4%) | $399,183 |
| Dandridge | 7 | $10,000 (2.9%) | $177,095 |
| Maryville | 7 | $5,100 (1.5%) | $73,000 |
| Clinton | 4 | $4,000 (1.2%) | $20,000 |
| Crossville | 4 | $28,050 (4.8%) | $156,040 |
| Newport | 4 | $22,500 (10.8%) | $177,500 |
| Pigeon Forge | 4 | $10,000 (1.6%) | $45,910 |
| Seymour | 4 | $15,000 (4.1%) | $155,000 |
| Baxter | 3 | $1,000 (2%) | $10,000 |
| LaFollette | 3 | $8,000 (4.7%) | $23,000 |
| Alcoa | 2 | — | $34,700 |
Days listed at the cut, as a table
| Days listed at the cut | Cuts | Median cut | Share |
|---|---|---|---|
| Under 30 days | 38 | $9,000 (1.4%) | 24% |
| 30 to 59 days | 44 | $10,000 (2.3%) | 28% |
| 60 to 89 days | 28 | $10,000 (3.3%) | 18% |
| 90 to 179 days | 34 | $10,000 (2.6%) | 22% |
| 180 days or more | 14 | $9,550 (2.3%) | 9% |
The biggest cuts, as a table
| Home | City | Old asking | New asking | Cut |
|---|---|---|---|---|
| 1155 Marble Hill Rd, Friendsville, TN 37737 | Friendsville | $1,275,000 | $1,095,000 | $180,000 (14.1%) |
| 12 Acres Jace Way, Kodak, TN 37764 | Kodak | $795,000 | $625,000 | $170,000 (21.4%) |
| 810 Brochardt Blvd, Knoxville, TN 37934 | Knoxville | $1,595,000 | $1,450,000 | $145,000 (9.1%) |
| 364 Jasmine Rd, Newport, TN 37821 | Newport | $449,500 | $325,000 | $124,500 (27.7%) |
| 5925 Sevierville Rd, Seymour, TN 37865 | Seymour | $1,699,000 | $1,575,000 | $124,000 (7.3%) |
Find a home
12 deepest of 158 price cuts · The story behind them ↓
This story is part of the Saturday, November 14, 2026 edition, and the asking-price cuts archive follows it edition by edition. More from the Gazette on Newport housing news, Kodak housing news, Sevierville housing news, Friendsville housing news, LaFollette housing news, Jefferson City housing news, Seymour housing news, Knoxville housing news, Crossville housing news, Alcoa housing news, Cosby housing news and Dandridge housing news. The listings behind it: homes listed in Newport, homes listed in Kodak, homes listed in Sevierville, homes listed in Friendsville, homes listed in LaFollette, homes listed in Jefferson City, homes listed in Seymour, homes listed in Knoxville, homes listed in Crossville, homes listed in Alcoa, homes listed in Cosby and homes listed in Dandridge.