May 2022 Sevier County, Tennessee Real Estate Market Report

Have you been wondering how the real estate market is doing in Sevier County, Tennessee? This data includes Sevierville, Gatlinburg, Pigeon Forge, and the surrounding areas.

The total (both single family and condo) average price lift stayed consistently consistent from this month to last, both up 28% 

Days on market saw a large reduction, from 76 days in May of 2021 to 58 days on market during May of this year. 

We saw a large drop in days on market for condos this month, from 72 days on market in May of 2021 to 2 days on market in May of 2022.

Sevier County Tennessee Real Estate Market Statistics

 

Average days on market for land saw another decrease, from 143 days in April to 130 days in May of 2022. 

Average price saw a lift. Average price was $126,934 in April compared to $140,475 in May. 

 

Whats happening with the Sevier County Tennessee real estate market?

 

Check out our blogs on the Sevier County, TN real estate marketing statistics and national housing market statistics!