Tellico Village has always been a magnet for lake-lovers, golf-enthusiasts, and anyone dreaming of a laid-back East Tennessee lifestyle. But early summer 2025 has delivered a rare gift: a buyer’s market. If you’ve been waiting for the right moment to make the move, here’s why the stars have lined up in your favor.
1. Inventory Has Jumped—Giving You Choice and Leverage
Active listings in Tellico Village have increased to around 160 homes, a 89 % year-over-year increase. That’s 5.14 months of inventory, almost double what buyers faced last spring. More homes on the market mean less bidding war pressure and more negotiating power for you.
2. Softer Prices & Motivated Sellers
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Median listing price: $639,900 in April 2025, down 1.1 % from a year ago. realtor.com
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Average sale price: $636,021, off 9.3 % year-over-year—proof that sellers are willing to deal to get buyers.
With prices down and inventory up, you can negotiate closing costs, repairs or a price reduction instead of having to meet the asking price.
3. Longer Days on Market = Time to Think
Homes are now sitting 91 days before going under contract—nearly a month longer than last year. You can tour more homes, compare features, and craft your offer without feeling rushed.
4. Mortgage Rates Are Manageable—and Dropping
Nationally, 30-year fixed rates are around 6.9 % (down from the 7 %+ we saw in late 2024). Recent Freddie Mac and Bankrate data show rates dropping week-over-week, and most forecasters expect them to bounce in the 6%–7 % range through 2025. Buy now and refi later if rates drop further.
5. Tellico Village’s Lifestyle Advantage
Even in a buyer’s market, Tellico Village still has:
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Three championship golf courses and a year-round mild climate on Tellico Lake.* The POA manages boating, fishing, pickleball, and hiking amenities.
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No state income tax and low property taxes in Tennessee.
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Full-time residents and active retirees will keep the resale market strong even when the broader market cools.
6. Window of Opportunity Won’t Last Forever
Local economists say the current inventory is partly due to sellers who delayed listing during 2023-24’s high rate environment. As those homes get sold and if rates continue to drop, Tellico Village will likely go back to a balanced or even seller’s market.
Ready to Start Looking?
A buyer’s market in a lake and golf community doesn’t come around often. With plenty of inventory, softer prices, and rates at their lowest in over a year, 2025 is a rare entry point into Tellico Village. Work with a local specialist, Rick Smenner, with RE/MAX Excels Give him a call at 865-696-9002