Inventory is up 11%, but median price is still climbing. Where the real opportunities sit this quarter.
Inventory in the Knoxville metro is up 11% year-over-year, but the median sale price has continued to climb at a steady 4.2% — the market is balancing but not cooling.
The real story this quarter is what's happening below the surface. Days on market in West Knox are still under 12 for anything turn-key under $750k. North Knox (Halls, Powell, Fountain City) is where the inventory bump is most visible, and that's where buyers have the most leverage right now.
What we're watching:
- Tellico Village volume picked up sharply in March. Snowbird relocation activity is strong.
- Sevier County STR inventory is finally easing as out-of-state investors slow down their pace.
- Land and acreage in Blount and Sevier counties remain tight — anything with a buildable site and a view goes within two weeks.
If you're a buyer, this is the best window in 18 months to negotiate inspection items and closing costs. If you're a seller, price right at list and you'll still see multiple offers in most price bands.