City Hall, New Tazewell

Market Hub

New Tazewell, Tennessee

A short history, a year of market numbers and homes for sale in New Tazewell, from Will Cupp.

Photo: Pkeets / Wikimedia Commons / CC BY-SA 3.0

Farm near Speedwell, viewed from Back Valley
Photo: Brian Stansberry / Wikimedia Commons / CC BY 3.0

The story

About New Tazewell

When the railroad was built from Knoxville through Cumberland Gap in the late 1880s, it bypassed Tazewell, and the depot was built about two miles to the west. No one is sure whether the railroad could not get the right of way or whether the hills decided it. A new community grew up around the depot, called Cowan City on old survey maps.

It was incorporated as New Tazewell in the 1920s, but the charter was voted down about fifteen years later, and the city was reincorporated in 1954. About 2,800 people lived here at the 2020 census.

Source: Wikipedia, New Tazewell, Tennessee.

One year of market data

New Tazewell by the numbers


Past 12 months: the last twelve months.

Price trend

Information is deemed to be reliable, but is not guaranteed. © 2026

Homes sold and new listings

Information is deemed to be reliable, but is not guaranteed. © 2026

Days on market

Information is deemed to be reliable, but is not guaranteed. © 2026

Sold price compared to list price

Information is deemed to be reliable, but is not guaranteed. © 2026

Market data courtesy of the East Tennessee REALTORS MLS through Flexmls. Residential sales, past 12 months. Information is deemed reliable but not guaranteed, and this is not an appraisal.

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This week

Mortgage rates and the prime rate

7.24%

30 year fixed mortgage

6.60%

15 year fixed mortgage

7.00%

Prime rate

30 and 15 year rates are weekly U.S. averages as of October 29, 2026. Source: Freddie Mac, Primary Mortgage Market Survey. Prime rate as of October 27, 2026. Source: Board of Governors of the Federal Reserve System, via FRED. National averages, not a quote. Your rate will vary.