March 2023 Sevier County, TN Real Estate Statistics

Average price saw an increase to $698,263, down from $713,446 in March of 2022.

  • February 2023 – $641,572
  • January 2023 – $735,033
  • December 2022 – $829,234

Properties spent an average of 60 days on the market, down from 70 in March of 2022.

  • February 2023 – 77
  • January 2023 – 68

Price per square foot saw another slight increase to $401 per square foot, which is higher this year, than in March of 2022 where it sat at $390.

  • February 2023 – $395
  • January 2023 – $373
  • December 2022 – $369

 

Sevier County Market Statistics for Land

The average price for land/lots saw an increase to $161,225, up from $118.394 in February, and 56% higher than last March’s average price, which was $103,213.

The average days on market saw a decrease to 175, up on 4% to last March at 168 days on the market.