In Pigeon Forge, TN (37863), the current median house value is $442,200 which is much higher than the US Median House Value of $338,100. Furthermore, over the last year the appreciation rate for homes in Pigeon Forge has been 21.68%, which is significantly higher than the national average of 8.27%. Therefore, buying a home in Pigeon Forge is a good investment right now as prices are likely to continue to increase in value.
The median home cost in Pigeon Forge (zip 37863) is $442,200. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Pigeon Forge (zip 37863) is up 27.0%.
Average Age of Homes
- The median age of Pigeon Forge (zip 37863) real estate is 23 years old
The Rental Market in Pigeon Forge (zip 37863)
- Renters make up 23.4% of the Pigeon Forge (zip 37863) population
- 15.1% of houses and apartments in Pigeon Forge (zip 37863), 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.