July 2025 East Tennessee & Knoxville Housing Market Update: Inventory Surge, Buyer Leverage & Trends

Are you curious about what’s REALLY happening in the East Tennessee and Knoxville real estate markets this summer? In this July 2025 Housing Market Update, we break down the latest data and insider insights you need to know—whether you’re a buyer, seller, or investor.

Key Highlights Covered in This Video:

*Record inventory surge: East TN up 32.4%, Knoxville up 46.9% year-over-year

*Shift toward a balanced market: Absorption rates up, days on market rising

*Flat or modest price growth: Median prices holding steady or slightly down in some areas

*Urban core resilience: Knoxville remains a mild seller’s market with faster sales

*Luxury market spotlight: Farragut faces unique challenges with falling prices and increased competition

*What’s driving these changes? Affordability, economic uncertainty, and seasonal patterns

*Buyer & seller strategies: How to succeed in the new market landscape

What does this mean for you?
Buyers now have more leverage and negotiating power than we’ve seen in years, while sellers need to adapt to longer market times and more competition. We’ll cover actionable tips for both buyers and sellers, plus what to expect for the rest of 2025 in East Tennessee and Knoxville.

Timestamps:
00:00 – Market Overview & Key Stats
01:14 – East Tennessee Regional Trends
02:59 – Knoxville City Market Insights
04:32 – Farragut High-End Market Spotlight
05:26 – What’s Driving These Changes?
06:11 – Buyer Opportunities & Strategies
07:25 – Seller Tips for Success
08:30 – Year-End Outlook & Bottom Line
10:50 - Price Cut Percentages in Metro Knoxville
12:09 - Data on Surrounding Counties
16:08 - Mortgage rates
17:18 - Conclusion

Want more local market updates or a custom home value report?
Contact us at 865RealEstate.com or comment below!

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