The Hot Sheet · By city
Knoxville has the most price cuts, eleven homes, with a median cut of 5%
Twenty-two cities named · 11 cuts in the leader · median cut $15,000.
Among the 40 price cuts in East Tennessee since the last edition, Knoxville has the most, eleven, or 28% of them.
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 Knoxville cuts took $508,899 off asking prices, and the median cut is $15,000, or 5% of the old asking price. After the cut, asking prices run from $115,000 to $1,499,999, and the median asking price is $325,000. That median cut is 2 points deeper than the 3% median across every price cut in the edition. The median home had been listed 38 days when its cut was seen, counted to this edition from the listing's own date.
The biggest cut among them is at 5216 Hickory Hollow Rd 1, Knoxville, TN 37919 in Knoxville: down $300,000, from $1,799,999 to $1,499,999, or 16.7%.
A home belongs to the city its listing names, spelled as the listing spells it. A different spelling of the same city is counted under its own spelling, so the counts below are of the names as listed.
The table lists the cities with the most cuts, up to twelve, and each row opens the homes in it. Every one of the eleven cuts is shown below. Each address opens that home's own page.
Cities with price cuts
| City | Cuts | Share | Median cut |
|---|---|---|---|
| Knoxville | 11 | 28% | $15,000 (5%) |
| Oak Ridge | 3 | 8% | $10,000 (2.9%) |
| Sevierville | 3 | 8% | $14,000 (1.8%) |
| Crossville | 2 | 5% | — |
| Kodak | 2 | 5% | — |
| Loudon | 2 | 5% | — |
| Strawberry Plains | 2 | 5% | — |
| Clinton | 1 | 3% | — |
| Dandridge | 1 | 3% | — |
| Decatur | 1 | 3% | — |
| Gainesboro | 1 | 3% | — |
| Gatlinburg | 1 | 3% | — |