The Busi Gazette · Tuesday, November 10, 2026: A listing in Townsend came down $50,000, to $150,000

Land & development

What does an acre ask in East Tennessee? Asking price per acre, city by city

The median asking price per acre is highest in Sevierville, at $308,215, and lowest in New Market, at $14,049.

East Tennessee has 110 active land listings in this edition. Together they state 756.2 acres. The median asking price is $399,000, or $145,780 per acre at the median. Land is 84% of the 131 active listings in the edition.

Among cities with three or more priced lots, the median asking price per acre is highest in Sevierville, at $308,215, and lowest in New Market, at $14,049.

The land listings by city →

P6 · Local news

$47-million loan secured for planned seven-story hotel in Downtown Knoxville

“KNOXVILLE, Tenn. (WATE) — Developers have announced that a $47-million loan has been secured for the development of a seven-story hotel in Downtown Knoxville.”

Short excerpt from WATE 6 (Knoxville), Nov 10

Open the summary →P6 Local headlines →

More local

Notices

One office has no active listings as of this edition

MG Rise Real Estate Group has no active listings on the MLS.

Welcomes and farewells →

Commercial

21 active listings in commercial, median asking $74,900

21 active · median asking $74,900 · median 127 days on market.

The commercial list →

The Hot Sheet

After 352 days listed, one listing came down $50,000 in Townsend

Asking prices came down on one listing.

What do you think? See the home →

No longer listed

Two listings left the market since the last edition

Two listings left the active market since the last edition. The longest-listed departure was 519 Cherokee Orchard Rd, Gatlinburg, TN 37738 in Gatlinburg, 191 days on the market at a last asking price of $275,000.

The two that left →

By the Numbers

How many listings are on the market in East Tennessee today? The count is in

Against the previous edition (No. 17), the active count is down 1.5% at 131, from 133; the median asking price is up 2.7% at $287,450, from $279,950; the median time on the market is flat at 134 days (133 days before).

The numbers, with charts and every city →

National Desk

AI is already in real estate, and its next opportunity is connection

Surveys show 82% of agents and nearly 90% of title pros use AI, the gap is pulling file status into view

All eight national stories →

Types

The most common property type is Commercial Sale, 100% of the listings that state one, asking a median $74,900

Commercial Sale is the most common property type: 21 of the 21 listings that state one (100%), asking a median $74,900.

Types, levels and garages →

Briefly noted:The directory opens with the house; your business could be the first listed

By the Numbers

Active listings by city

Click a city for every listings listed there

City	Active	Median ask	Median days
Knoxville	17	$299,000	180
Sevierville	8	$147,500	55
Lenoir City	8	$717,750	116
Jacksboro	7	$179,900	36
Maryville	5	$499,900	133
Athens	4	$314,500	109
46 more cities on the full page → · Source: East Tennessee REALTORS® MLS via the IDX feed, as of Nov 10 · asking prices, never values

Gazette city pages, with every edition's figures for the city: Knoxville, Sevierville, Lenoir City, Jacksboro, Maryville, Athens and Vonore. All cities.

The directory opens with the house; your business could be the first listed

Open the Directory → · Add yourself →

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