06/12/2026
The East Tennessee Market at a Glance
As we move into the summer market, East Tennessee continues to see strong buyer activity alongside growing inventory. The latest market data shows home values continuing to climb, with the median sales price reaching $385,000 in May, up 4.1% from a year ago. The average sales price increased even more, rising 6.7% to $469,429.
Inventory has expanded across the region, creating more opportunities for buyers while maintaining healthy conditions for sellers. The average active listing price now sits at $596,030, nearly 3% higher than last year, while the median active list price increased to $440,000. Pending sales jumped 18.5% year-over-year and closed sales rose 10.4%, signaling continued confidence from buyers heading into the busy summer season.
While homes are taking slightly longer to sell, the market remains balanced. The average days on market increased from 60 to 71 days, and the absorption rate held steady at 4.55 months, indicating a healthy environment where both buyers and sellers can find opportunities.
Anderson County:
Anderson County remains steady with 41 homes sold over the past 14 days and 226 active listings currently on the market. Buyer demand continues to center around homes priced between $250,000 and $450,000, where the majority of current contracts are taking place. With inventory improving throughout the region, buyers have more options while sellers continue to benefit from rising home values.
Blount County:
Blount County recorded 101 sales over the last two weeks and currently has 462 active listings. The strongest demand remains in the $250,000 to $450,000 range, though activity continues well into the luxury market. As inventory grows, Blount County remains one of the area's most competitive markets, attracting both local and relocating buyers.
Knox County:
Knox County continues to lead the region in overall activity, with 362 homes sold in the last 14 days and nearly 1,700 active listings. More than 270 homes are currently under contract below $700,000, highlighting sustained buyer demand across the county. Regionally, pending sales have increased nearly 19% compared to last year, suggesting the market remains active heading into the second half of the year.
Loudon County:
Loudon County saw 61 homes sold over the last two weeks and currently has 350 homes available for sale. Contract activity remains strong between $450,000 and $1.4 million, reflecting continued demand for move-up and luxury properties. The county continues to benefit from buyers seeking lake communities, lifestyle amenities, and newer construction opportunities.
Roane County:
Roane County recorded 45 sales over the past 14 days with 221 active listings currently available. Most contract activity remains concentrated in the $250,000 to $450,000 price range, highlighting continued demand for affordable and mid-priced homes. As inventory expands throughout East Tennessee, Roane County continues to offer attractive value for buyers seeking more space and flexibility.
Sevier County:
Regional data from May shows strong activity in higher price points, with pending sales increasing substantially in the $700,000+ segments and luxury inventory continuing to grow. Sales above $1 million posted notable year-over-year gains, reflecting ongoing demand for second homes, vacation properties, and investment opportunities throughout the Smoky Mountain region.
As we head into peak tourism season, Sevier County remains one of East Tennessee's most closely watched markets, attracting both investors and buyers seeking short-term rental and vacation-home opportunities. The combination of strong visitor traffic, lifestyle appeal, and continued buyer interest keeps the county positioned as a unique segment of our regional housing market.
By the Numbers Across East Tennessee
• Active Listings: 7,588 (+6.3% year-over-year)
• Pending Sales: 2,166 (+18.5%)
• Closed Sales: 2,036 (+10.4%)
• Average List Price: $596,030 (+2.9%)
• Median List Price: $440,000 (+2.6%)
• Average Sales Price: $469,429 (+6.7%)
• Median Sales Price: $385,000 (+4.1%)
• Average Days on Market: 71 days
• Absorption Rate: 4.55 months
What This Means for Buyers and Sellers:
The East Tennessee market continues to normalize after several years of extremely limited inventory. Buyers are benefiting from more available homes and slightly longer decision-making windows, while sellers continue to see strong appreciation and steady demand.
With the average sales price up 6.7%, median sales price up 4.1%, and pending sales up 18.5% year-over-year, the data suggests that demand remains healthy across the region. Although homes are spending more time on the market than they were a year ago, a 4.55-month absorption rate still points to a balanced market heading into the second half of 2026.
Whether you're considering buying, selling, investing, or simply keeping an eye on local trends, East Tennessee remains one of the strongest real estate markets in the Southeast.
Taylor L Casbon | Jeff LaRue Team, Realty Executives
📍10255 Kingston Pike, Knoxville, TN 37922
📱: 865.679.1488
☎️: 865.693.3232
📧: [email protected]
🌐: jefflarueteam.com
Brooke Miracle | Jeff LaRue Team, Realty Executives
📍10255 Kingston Pike, Knoxville, TN 37922
📱: 865.696.8089
☎️: 865.693.3232
📧: [email protected]
🌐: jefflarueteam.com
