The Sequoyah Hills Median Price Is Actually Three Different Numbers

Search "Sequoyah Hills median home price" this summer and you'll find a $875,000 median from one source, a $927,000 median from another, and a broker feed quoting $1,049,500 for the same general window. None of these numbers is wrong. They're all measuring a neighborhood that doesn't behave like one market, and until you know why, the median tells you almost nothing about what you'll actually pay.

Here's the mechanism most buyers miss: Sequoyah Hills carries one MLS boundary but three distinct housing tiers that rarely compete for the same buyer. A median blends all three into a single figure, and because the neighborhood only has a handful of active listings at any given moment, that blend swings hard depending on which tier happens to be for sale the week you check.

Twelve to eighteen listings, three markets

At any given point in mid-2026, Sequoyah Hills has had somewhere between a dozen and eighteen active listings. That's a small enough pool that one or two expensive properties coming on or off the market can move the median by six figures. As of March 2026, one tracking site listed the median home price at $875,000 with an average sale price of $999,215, and put the neighborhood's trailing 12-month median sale price at $800,000, down 13% from the prior 12-month period. That same spring snapshot showed active listings ranging from $310,000 to $3,050,000.

That range is the real story. A $310,000 property and a $3,050,000 property are not variations on the same product. They're different housing categories that happen to share a zip code.

A buyer comparing Sequoyah Hills to a neighboring suburb using the median alone is comparing that suburb to whichever of these three tiers happened to transact most that month. Some months it's condo turnover. Other months an estate on Lyons View Drive closes and drags the whole number up.

Why the "for sale" number and the "sold" number don't match

The clearest evidence of this thin-inventory effect shows up when you compare active listings to recent closings in the same season. In late July 2026, one broker's IDX feed showed 12 active Sequoyah Hills listings with a median list price of $1,049,500 and an average of 77 days on market. A few weeks earlier, in early June 2026, a different feed pulling from the same MLS showed 18 active listings at a median list price of $1,011,950 and an average of 64 days on market.

Meanwhile, homes that actually closed told a different story. Redfin's data for the three months ending May 2026 put the median sale price at $875,000, up 2.9% year over year, with an average of 47 days on market. A separate June 2026 snapshot of recently sold homes showed a $895,000 median and just 30 days on market, down 28% from the prior year.

The pattern here isn't contradictory once you see it: what's currently sitting unsold skews toward the slower-moving, higher-priced estate tier, which is why active listings show medians over $1 million and average 64 to 77 days on market. What's actually closing skews toward the faster-moving interior single-family and condo tiers, which close in 30 to 47 days at medians of $875,000 to $895,000. The asking-price median and the closed-price median aren't tracking the same market at the same speed. They're tracking different tiers of a neighborhood that only looks unified from the outside.

If you've been told the Sequoyah Hills market is "up" or "cooling" based on a single stat, ask which side of that gap the number came from.

What's actually adding inventory right now

Because the neighborhood's active pool is so small, new construction has an outsized effect on the numbers. Henson Developments has been building Homberg House, a modern three-level townhome product in the Sequoyah Hills and Bearden search corridor near Kingston Pike. Described in local listings as architecturally striking with elevated finishes, it's new product entering closer to the condo and townhome tier rather than competing with the historic estates on Scenic Drive or Lyons View Drive.

For a neighborhood where 12 to 18 listings can swing the median by hundreds of thousands of dollars, a project adding even a handful of new units at a defined price point is worth watching. It's one of the few levers that can shift the entry-tier median without touching the estate tier at all.

Figuring out which tier you're actually shopping in

Before you compare Sequoyah Hills to another East Tennessee neighborhood on price alone, it helps to know which of the three tiers fits what you're looking for:

• If you want low-maintenance living close to Kingston Pike shopping and UT, you're shopping the condo and townhome tier, likely in the $300s to $400s, and your real competition is other Knoxville condo stock, not the estates a mile away.
• If you want a single-family home with yard space on one of the neighborhood's original 1920s and 30s streets, you're shopping the interior tier, generally starting around $675,000, where days on market tend to run closer to a month.
• If river frontage, a view of Cherokee Country Club's horseshoe bend, or a Scenic Drive or Cherokee Boulevard address matters to you, you're shopping the estate tier, where list prices run into the millions and homes can sit for two months or more before finding the right buyer.

Knowing your tier before you start touring saves time and keeps you from anchoring on a median that describes a house you were never going to buy anyway.

A few common questions

Does a lower median mean the market is softening? Not necessarily. Given how much the active-listing median and the closed-sale median diverge here, a dip in one figure often just means a different mix of tiers transacted that month, not that values fell across the board.

Are the Sequoyah Hills condos a good entry point into the neighborhood? They're the most accessible price band and sit close to Kingston Pike shopping, UT, and downtown. Buildings like Sequoyah Square and Hamilton House give you the Sequoyah Hills address without estate-tier pricing.

Is Lyons View Drive really part of Sequoyah Hills? Yes. It's one of the neighborhood's defining addresses, running along Cherokee Country Club and looking out over Fort Loudoun Lake's horseshoe bend, and it's where the highest sale prices in the neighborhood consistently show up.

If you're weighing Sequoyah Hills against another East Tennessee neighborhood and the median price is the only number you've seen so far, it's worth a conversation before you rule anything in or out based on it. Angie Queen works with buyers across Knoxville and East Tennessee who are trying to figure out not just what a neighborhood costs, but what it costs for the specific kind of home they actually want. Let's Connect and find out which tier of Sequoyah Hills fits what you're looking for.