Gatlinburg, TN is a great place to live, with its median house value being $505,800. This is substantially higher than the national average of $338,100. In addition to this, the 1 year house appreciation in Gatlinburg has been a significant 20.45%, which is much higher than the US average of 8.27%. These factors make Gatlinburg an attractive and profitable place for potential homeowners looking for great value homes in an area with tremendous potential for growth.
The median home cost in Gatlinburg is $505,800. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Gatlinburg is up 24.9%.
Average Age of Homes
- The median age of Gatlinburg real estate is 28 years old
The Rental Market in Gatlinburg
- Renters make up 11.7% of the Gatlinburg population
- 14.6% of houses and apartments in Gatlinburg, 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.