Real Estate Market Update for Pigeon Forge, TN
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 20% from one year earlier, and down 16% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 340-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 45%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 200-thousand dollars. The number of units sold decreased 20% year-over-year, and decreased 11% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript

Map Information for Pigeon Forge, TN

Area Information for Pigeon Forge, TN
  • Population: 6,801
  • Median Age: 40.35 yr
  • Median Commute Time: 20 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 500/sq mi
  • Population Change Since 2000: 24.14%
  • Closest Airport: Mcghee Tyson
  • Closest College: Johnson Bible College
  • Closest Jr. College: Walters State Community College
  • Median Household Income: $36,866
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $269,000
  • Closest Major Sports Team: Tennessee Smokies (aa)
  • Change Avg. Household Income Since 2000: 28.64%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Pigeon Forge, TN
Median Age: 40.35 Married: 47% Number of Households: 2,594 Households with Children: 686
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Pigeon Forge, TN

      School Name Distance Type Grades School Rating Parent Rating
      Sevierville Primary School 2.1 mi Public K-2 0 0
      Sevier County High School 2.8 mi Public 9-12 3 3
      Christian Academy In The Smokies 3.0 mi Private PRESCHOOL-12 0 0
      T Lawson Early Childhood Education Cntr 3.0 mi Public PRESCHOOL-PRESCHOOL 0 0
      Sevierville Middle School 3.2 mi Public 6-8 2 0
      Sevierville Intermediate School 3.2 mi Public 3-5 2 0
      Alpha Educational Learning Center 3.2 mi Private 6-12 0 0
      Parkway Academy 3.3 mi Public K-12 0 0
      Whites Adult High School 3.3 mi Public PRESCHOOL-UNGRADE 0 0
      Pigeon Forge Middle School 3.5 mi Public 5-8 2 0
      Pigeon Forge High School 3.7 mi Public 9-12 2 4
      Catons Chapel Elementary School 4.3 mi Public PRESCHOOL-8 3 0
      Pigeon Forge Primary School 6.2 mi Public PRESCHOOL-4 1 0
      New Center Elementary 6.3 mi Public K-8 3 0
      Douglas Dam Head Start 6.3 mi Public PRESCHOOL-PRESCHOOL 0 0
      Catlettsburg Elementary School 6.4 mi Public K-6 3 0
      Greenbriar Alternative Learning Center 8.8 mi Public 7-12 0 0
      Wearwood Elementary School 9.4 mi Public K-8 2 0
      Gary Hardin Academy 10.2 mi Public 9-12 0 0
      St Andrew's School 10.8 mi Private K-12 0 0
      Boyds Creek Elementary School 10.9 mi Public K-6 3 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Pigeon Forge, TN
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
        CHOOSE YOUR LANGUAGE