Smoky Mountain Real Estate: June 2026 Market Update

Each month we pull the numbers from across Sevier County and share what we are seeing on the ground. Here is what the data is telling us.

 

June 2026 vs. June 2025

117 residential properties closed in June 2026, compared to 68 in June 2025. That is a 72% increase in transaction count, and total volume climbed 86% from $43.8 million to $81.4 million.

Average sale price was $695,970, up 8% from $644,416 a year ago.

Price per square foot rose 21%, from $360 to $436.

Days on market improved 8%, falling from 76 days to 70.

More buyers closed on more homes, at higher prices, and in less time than they did a year ago.

 

 

Single Family Homes and Cabins

100 single family homes and cabins sold in June 2026, up 79% from 56 in June 2025.

Average price came in at $753,701, up 5.75% from $712,712 last year.

Price per square foot held nearly flat, dipping 1% from $361 to $359, which tells us the growth is coming from volume rather than buyers paying a premium for the same inventory.

Days on market improved 4%, from 73 days to 70.

Total single family volume grew 89%, from $39.9 million to $75.4 million.

 

 

Condos

Condo activity stayed close to steady, with 11 closings compared to 10 in June 2025.

Average price rose almost 10%, to $349,797 from $318,340.

Price per square foot fell 27%, from $379 to $276, likely reflecting which specific units closed rather than a broad shift in condo values.

Days on market improved slightly, down 3% from 91 days to 88.

Total condo volume grew nearly 21%, from $3.18 million to $3.85 million.

 

 

 

Land

Land activity pulled back this month compared to last year.

17 lots sold in June 2026, down 6% from 18 in June 2025.

Average price dropped over 26%, from $156,377 to $115,317.

Days on market more than doubled, up 151%, from 55 days to 138.

Total land volume fell 30%, from $2.81 million to $1.96 million.

Land buyers are taking more time this year and paying less when they do commit. 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.

 

What This Means for Buyers, Sellers, and Investors

For sellers, especially of single family homes and cabins, this is one of the stronger windows we have seen. More buyers are closing, prices are climbing, and homes are moving faster than they were a year ago.

For buyers, competition has increased alongside the growth in closings. Having financing in order and a clear sense of your target neighborhoods before you start touring will serve you well.

For land buyers, the extended days on market and softer pricing may open room to negotiate that was not available 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.

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.