Is Sevierville, TN 37862 a buyer’s or seller’s market?
Sevierville is a buyer’s market. With about 9.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 4% of U.S. ZIP codes, and #286 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Sevierville housing market right now
In the three months ending August 31, 2026, 8% of homes in Sevierville, TN 37862 sold above their list price, the typical home went under contract in 84 days and there were 9.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 184 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (9% then), homes sold faster (86 days then) and the median sale price held steady to $624,730. Overall, Sevierville is about as competitive as it was a year ago.
Within Sevier County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 60%. On our competition score, Sevierville ranks #286 of 299 TN ZIP codes with enough sales (score 10 out of 100).
Nearby, Sevierville 37876 (13% sold over asking) and Kodak 37764 (12% sold over asking) are even more competitive.
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Nearby markets
Gatlinburg 37738Buyer’s market $361 /sq ftKodak 37764Seller’s market $199 /sq ftPigeon Forge 37863Buyer’s market $340 /sq ftSevierville 37876Buyer’s market $275 /sq ft Browse all markets →Towns like Sevierville nearby
Find towns like Sevierville in other states →Where Sevierville is
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Questions about Sevierville real estate
Is Sevierville a buyer’s or seller’s market?
A buyer’s market: there were 9.4 months of supply in Sevierville, TN 37862 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Sevierville?
The typical home went under contract in 84 days in the latest three months.
Do homes in Sevierville sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Sevierville?
About 0.28% of a home’s value a year in Sevier County, or roughly $1,120 on a $400,000 home.
What is the median home price in Sevierville?
The median sale price was $624,730 in the three months ending August 31, 2026, about $322 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology