diff --git a/homeassistant/helpers/update_coordinator.py b/homeassistant/helpers/update_coordinator.py
index d9a79d6555c..7fb96fdf7c8 100644
--- a/homeassistant/helpers/update_coordinator.py
+++ b/homeassistant/helpers/update_coordinator.py
@@ -170,7 +170,8 @@ class DataUpdateCoordinator:
                 self.name,
                 monotonic() - start,
             )
-            self._schedule_refresh()
+            if self._listeners:
+                self._schedule_refresh()
 
         for update_callback in self._listeners:
             update_callback()
diff --git a/tests/helpers/test_update_coordinator.py b/tests/helpers/test_update_coordinator.py
index 17caa1f7478..897367619ed 100644
--- a/tests/helpers/test_update_coordinator.py
+++ b/tests/helpers/test_update_coordinator.py
@@ -41,6 +41,8 @@ async def test_async_refresh(crd):
     await crd.async_refresh()
     assert crd.data == 1
     assert crd.last_update_success is True
+    # Make sure we didn't schedule a refresh because we have 0 listeners
+    assert crd._unsub_refresh is None
 
     updates = []
 
@@ -50,6 +52,7 @@ async def test_async_refresh(crd):
     unsub = crd.async_add_listener(update_callback)
     await crd.async_refresh()
     assert updates == [2]
+    assert crd._unsub_refresh is not None
 
     # Test unsubscribing through function
     unsub()