Sevierville, TN has a housing median value of $431,400, significantly higher than the US House Median Value of $338,100. This difference is exemplified in the 1 year house appreciation rate in Sevierville being 21.68%, more than double the US 1 year house appreciation rate of 8.27%. The high median value and appreciation rate demonstrate the desirability of living in Sevierville and further entices potential homebuyers to invest in this particular area.
The median home cost in Sevierville (zip 37862) is $431,400. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Sevierville (zip 37862) is up 27.0%.
Average Age of Homes
- The median age of Sevierville (zip 37862) real estate is 24 years old
The Rental Market in Sevierville (zip 37862)
- Renters make up 30.0% of the Sevierville (zip 37862) population
- 7.1% of houses and apartments in Sevierville (zip 37862), 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.