Parrottsville Housing Market Report April 2025•Cocke County, Tennessee

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Housing Prices in Parrottsville, TN

How much do homes in Parrottsville, TN cost?

Housing Market Conditions

Is Parrottsville, TN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Parrottsville is a Seller's Market

Difference Since April 2024

At the same time last year, Parrottsville was a Buyer's Market.

Insight

Parrottsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$348,500$220/SqFt
+$23,500
+7.2%

Based on all homes sold in the last 12 months

Insight

Homes in Parrottsville have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Parrottsville was $348,500 in April 2025, up 7.2% from last year, and the median price per square foot was $220.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1-$405K
N/A
2$315K$357.4K
+13.5%
3$325K$310K
-4.6%
4$379K$420K
+10.8%
5$657.5K$800K
+21.7%

Summary: Parrottsville housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +13.5%. The home price for 3 bedroom homes decreased by -4.6%. The home price for 4 bedroom homes increased by +10.8%. The home price for 5 bedroom homes increased by +21.7%.

How does Parrottsville, TN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Parrottsville, TN

Housing supply in Parrottsville, TN

How many homes are available in Parrottsville, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
28Last MonthApr 2025
232 months agoMar 2025
+21.7 %
Change MoMMar – Apr

Summary: The Parrottsville real estate market had 28 homes for sale in Apr 2025, a 21.7 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
6Last MonthApr 2025
12 months agoMar 2025
+500.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
122
0.0%
211
0.0%
31419
+35.7%
422
0.0%
544
0.0%

Summary: Parrottsville housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +35.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Parrottsville, TN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Parrottsville, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Parrottsville in April 2025, up by 500.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and and 67% were sold over asking.

Days on Market for Parrottsville, TN

How long does it take to sell a home in Parrottsville, TN?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Many homes in Parrottsville are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 6 homes were sold in Parrottsville; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
48 DaysThis YearApr 2025
64 Days1 year agoApr 2024
-25.0 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Parrottsville had an average listing age of 48 days in Apr 2025, down by 25.0% compared to the previous year.

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Newest Listings in Parrottsville, TN

What homes are available in Parrottsville, TN?

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MLS Disclaimers and Copyright

Based on information from East Tennessee REALTORS® MLS, Lakeway Area Association of Realtors MLS, Tennessee Virginia Regional MLS, and Great Smoky Mountains MLS for the period 05/01/2023 - 05/01/2025

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing information provided in part by the Lakeway Area Association of Realtors for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. The information listed is from sources believed reliable but is not guaranteed, and is subject to change without notice.

Copyright © Lakeway Area Association of Realtors 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2025, 11:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright Great Smoky Mountains Association of REALTORS ® & MLS. All rights reserved. Information is deemed reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2025, 11:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.