Sevierville, TN is an ideal location for those looking to purchase a home. With a median housing value of $372,900, it is significantly higher than the US House Median Value of $338,100. Even more impressive is the 1 year house appreciation rate in Sevierville; at 21.65%, it's over double the national rate of 8.27%. This high appreciation rate makes it an attractive choice for both homeowners and investors alike.
The median home cost in Sevierville is $372,900. Home appreciation the last 10 years has been 114.4%. Home Appreciation in Sevierville is up 26.9%.
Average Age of Homes
- The median age of Sevierville real estate is 25 years old
The Rental Market in Sevierville
- Renters make up 40.1% of the Sevierville population
- 2.2% of houses and apartments in Sevierville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.