July 2023 Sevier County, TN Real Estate Market Update

Homes in Sevier County, Tennessee

Average price saw a increase from $672,791 in June 2023 to $708,860 in July of 2023, which falls within the range of $640,000 and $750,000 we’ve seen throughout the year.

Days on the market saw an increase from 55 days in June 2023 to 83 days in July 2023, which is a bit higher than the range we’ve seen throughout the year at 60-77 days on the market.

Price per square foot saw an slight decrease to $378 from $383

 

 

Homes in Sevier County, Tennessee Year to Date Market Statistics

 

 

Land in Sevier County, Tennessee

The average price for land/lots during the month of July was $128.829.

Lots that sold in July spent an average of 111 days on the market.

Both Average Price was elevated in June and Days on Market saw a decrease. There have returned to metrics, much closer to what we’ve seen the rest of the year

 

Land in Sevier County, Tennessee Year to Date Market Statistics