MiMarket Update

March 16, 2026

The East Tennessee housing market in early 2026 (as of March) shows a continued shift toward balance, with rising inventory giving buyers more options while demand holds steady—good news for sellers who price and prepare smartly. Per the East Tennessee REALTORS® 2026 Forecast, expect home prices to grow modestly at 3.1% for the year, with total sales up 6.8% year-over-year, building on late-2025 momentum. In the Knoxville area, homes sell in about 74 days, with median prices around $325,000–$385,000 (stable to slight gains). Inventory has increased (e.g., active listings up significantly in recent months regionally). For Maryville (Blount County), key stats include: • Median sale prices: $371,000–$382,000 (Zillow ~$382K, up ~0.6–0.7% YoY; some reports show minor dips like -9% in spots). • Days on market: 37–92 days (averaging longer than peak frenzy years, e.g., 74–92 in recent data). • Active listings: Up notably (e.g., 392–643 reported), with inventory increases of 15–18%+ in broader East TN snapshots. This means a more competitive scene for sellers—no more automatic bidding wars—but persistent demand from migration and affordability keeps things moving. To sell successfully in Maryville: • Price realistically upfront to spark interest. • Stage well and highlight Smoky Mountains proximity and community appeal. • Expect close-to-asking sales (sale-to-list ~98%) with possible minor concessions. Overall, 2026 offers solid opportunities for prepared sellers in this normalizing market. Consult with me, your local Blount County agent for neighborhood-specific timing! -Millicent Blalock, Realtor, Wallace

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