Sevier County’s real estate market is shifting gears. July 2025 brings cooler listing activity, softer pricing, and longer selling times—but steady sales volumes show that buyers are still in the game. Whether you’re looking to buy or sell, understanding these numbers will help you move with confidence.
Year-Over-Year Comparison at a Glance
Here’s how July 2025 stacks up against July 2024:
Key Takeaways:
- Median sale price up from $475,000 in July 2024 to $478,000 in July 2025.
- Homes sold increased from 101 to 103 (-3.4%).
- Median days on market stretched from 34 to 51 days—giving buyers more breathing room.
Inventory & New Listings
- New listings in July 2025: 266 (down from 420 in June).
- Lower fresh inventory can create subtle competition for well-priced homes, but overall, buyers have more leverage than in previous summers.
Pricing Trends
- Median sale price (July 2025): $478,000 (–.63% YoY)
- Average home value (ZHVI): $621,642 (+11.64% YoY)
- Median listing price: $675,000 — much higher than median sale price, showing a negotiation gap.
Time on Market & Sales Activity
- Median days to pending: 51 days
- Median days on market: 80 days (up 22 days from last year) Homes sold: 103. in July (+2% YoY)
- Sale-to-list price ratio: 96.2%
- Above-list sales: ~10% of homes
- Price drops: Nearly 29% of listings saw reductions before selling.
Town Spotlight: Sevierville
Sevierville is experiencing sharper corrections than the county average:
- Median sale price: $301,000 (–37.3% YoY)
- Homes sold: 26 (+36.8% YoY)
- Median days on market: 107 (up 44 days from last year)
This could indicate a shift in property type mix—more entry-level or fixer properties selling—and more price sensitivity among buyers.
What This Means for Buyers
- More time to make decisions—less urgency than in past summers.
- Stronger negotiating power, with many homes closing below list price.
- Opportunities for investment buyers in Sevierville and outer areas where prices have adjusted more dramatically.
What This Means for Sellers
- Strategic pricing is essential—overpricing risks sitting on the market.
- Staging, professional photography, and highlighting lifestyle appeal (Smoky Mountains, rental income potential) can make your listing stand out.
- Expect more negotiation—be ready to adjust and work with serious buyers.
Bottom Line
July 2025’s numbers show Sevier County moving toward a balanced market—good news for both sides. Buyers gain breathing room and better prices, while sellers still have a strong pool of motivated buyers.
Call to Action:
Ready to see how your home fits into today’s market—or find the right property at the right price? Contact me today for a custom Comparative Market Analysis and local insight tailored to you
