Each month we pull the numbers from across Sevier County and share what we are seeing. Here is what the data is telling us as summer winds down.
August 2026 vs. August 2025
93 residential properties closed in August 2026, compared to 77 in August 2025.
That is a 21% increase in transaction count, and total volume climbed 30%, from $54.2 million to $70.4 million.
Average sale price was $756,896, up 7.59% from $703,508 a year ago.
Price per square foot held nearly flat, dipping 1% from $341 to $339.
Average days on market came in at 69, down from 106 a year ago.
More buyers closed on more homes this August than a year ago, at higher total volume. With the average price rising while price per square foot stayed level, the gain is coming from the size and mix of what sold rather than buyers paying a premium for the same square footage.
Single Family Homes and Cabins
84 single family homes and cabins sold in August 2026, up 24% from 68 in August 2025.
This segment made up roughly 90% of all residential closings for the month, which is where the strength of this market lives.
Average price came in at $777,611, up 6.26% from $731,810 last year.
Price per square foot held nearly flat, easing 1% from $342 to $339.
Average days on market came in at 67, down from 107 a year ago.
Total single family volume grew 31%, from $49.8 million to $65.3 million.
For owners of well kept cabins in desirable locations, this is a healthy window. Buyers are active and values are holding near the top of the year’s range.
Condos
Condo activity held steady, with 5 closings in August 2026, matching the 5 that closed in August 2025.
Average price rose almost 26%, to $537,200 from $426,600.
Price per square foot climbed 5%, from $330 to $347.
Days on market lengthened 40%, from 101 days to 141.
Total condo volume grew nearly 26%, from $2.13 million to $2.69 million.
Condos are their own animal in this market. With only a handful of closings in a given month, a couple of specific units can pull the averages in either direction, so we read these figures as a picture of which condos sold rather than a broad trend.
Land
Land activity pulled back this month compared to last year.
19 lots sold in August 2026, down 27% from 26 in August 2025.
Average price rose over 26%, from $131,476 to $166,121.
Days on market more than doubled, up 137%, from 46 days to 109.
Total land volume fell 8%, from $3.42 million to $3.16 million.
Fewer lots are trading this year, and the ones that do are taking longer to reach the closing table.
If you are holding a lot or considering one, a sound pricing strategy from the start makes a meaningful difference in how long you wait.
The 2026 Trend So Far
The market opened at a measured pace in January, built steadily through the spring, reached its peak in June with 117 closings, and has eased through the summer.
August still ranks among the busier months of the year at 93 closings.
Across 2026, single family price per square foot has moved from $305 in January into the range we see now.
The pattern this year has been steady, sustainable growth for cabins and single family homes, with condos and land moving on the independent timelines they always have.
What This Means for Buyers, Sellers, and Investors
For sellers, especially of single family homes and cabins, this remains one of the stronger stretches we have seen. Buyers are closing and values are holding near the top of the year’s range. Pricing and presentation are what separate the homes that move from the ones that sit, so going to market with an accurate number from day one matters.
For buyers, activity has stayed strong through the summer, so having your financing in order and your target neighborhoods in mind before you start touring will help you move with confidence when the right place shows up.
For land buyers, the longer days on market may open room to negotiate that was not there a year ago.
For condo buyers and sellers, the segment remains small enough that individual sales can shift the averages, so working with a team that tracks the granular data matters.
We have been walking clients through this market since 1996. We own short term rentals in these mountains, we have built them, bought them, and sold them, and we would be glad to sit down and talk through what these numbers mean for your specific goals.
Contact the Jason White Team to schedule a consultation or explore current listings in Gatlinburg, Pigeon Forge, and Sevierville. If you are ready to take a serious look, we would love to be your guide.
*Areas included in statistics are Bluff Mountain, Chalet Village, Cobbly Nob, Douglas Lake, Gatlinburg, Jones Cove, Kodak, New Center, Pigeon Forge, Pittman Center, Sevierville, Seymour, and Wears Valley. Includes Only properties that can be used as a short term rentals.