The Smoky Mountain real estate market wrapped up the third quarter on a high note.
Compared to this time last year, both home sales and total volume are up significantly, even as homes spend a little more time on the market.
If you’re an investor or homeowner tracking trends across Sevier County, here’s what the numbers tell us.
Residential Market Snapshot – September 2025 vs. 2024
Even with slightly longer market times, both sales and pricing increased. Total residential volume rose more than 30% compared to last September.
Single-Family Homes Lead the Market
Single-family homes and cabins remain the strongest segment of the market, with more homes selling at higher prices and total sales volume up 37% compared to last September.
Condos: A Softer but Still Active Segment
There were more condo sales this September than last year, but the average price and price per square foot both dropped significantly, while days on market increased sharply.
Land & Lots
More land parcels sold this September than last year, but the average sale price dropped sharply, and overall volume declined.
Year-to-Date Performance (January–September 2025)
|
Segment |
Units Sold |
Average Price |
Avg. DOM |
Price/Sq. Ft. |
|
Residential (All) |
704 |
$675,000 avg |
77 |
$323 avg |
|
Single-Family Homes |
534 |
$711,000 avg |
79 |
$325 avg |
|
Condos |
52 |
$357,000 avg |
93 |
$280 avg |
|
Land & Lots |
226 |
$122,000 avg |
88 |
— |
Year-to-date, total market volume has surpassed $435 million, up roughly 12% from 2024’s pace.
Average sale prices have climbed throughout the year, while days on market have held steady, showing that the Smoky Mountain market remains active and balanced as we close the third quarter.
As we head into the final quarter of 2025:
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Demand remains steady. September’s volume was the highest month of the year so far.
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Inventory is tightening, which should help support prices through winter.
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Single-family homes continue to dominate the market, representing more than 90% of residential sales and nearly all of September’s total sales volume.
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Condos and land both saw an increase in the number of transactions but a decline in average price, suggesting buyers are gravitating toward smaller or lower-priced properties.
2025 has been a year of growth, balance, and strong investor confidence in the Smoky Mountain region.
While homes are taking a bit longer to sell, prices are rising and total sales volume continues to climb clear indicators of a resilient market.
If you’re considering buying or selling before year-end, now is the time to evaluate your position.
What This Means for You?
For Buyers:
Inventory is still moving, but at a steadier pace than last year.
Homes are spending a little more time on the market, which can work in your favor.
If you’ve been waiting for a moment to step in without competing against multiple offers, this fall offers more breathing room.
For Sellers:
Average prices and total sales volume continue to rise.
Well-priced, well-presented homes are still commanding strong offers. With buyer demand steady, now is the time to make sure your property stands out.
Presentation, pricing, and positioning matter more than ever.
For Investors:
The single-family segment remains the most consistent performer, driving nearly all market growth this year. If you’re building a short-term rental portfolio, focus on properties with strong location appeal and proven amenities, these are the listings still moving.
Land sales and lower-priced condos show that smaller investments are still finding buyers, a good sign of continued confidence in the Smoky Mountain market overall.