Sevier County, Tennessee Housing Market
In Sevier County, Tennessee, the median home value is $299,000, with a median monthly rent of $1,072. This places Sevier County at #631 nationally out of 3134 counties by median home value, and #16 within Tennessee.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $829
- Establishments: 3,358
- BLS QCEW, 2025
Housing Supply
- Single-family: 1,011
- Multi-family: 128
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 41,846 (avg $70,597)
- Outflow: 38,657 (avg $70,017)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Sevier County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 37738 | 357.6 | +15.57% | 2025 |
| 2 | 37863 | 337.5 | -1.02% | 2025 |
| 3 | 37862 | 321.8 | +8.68% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Sevier County Compares
| Metric | Sevier County | Tennessee Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $299,000 | $223,385 | $227,706 |
| Median Gross Rent | $1,072 | $892 | $968 |
| Owner Occupancy Rate | 70.7% | 74.1% | 73.3% |
| Price/Rent Ratio | 23.2 | 20.5 | 18.7 |
Market Analysis
The median home value in Sevier County is 33.8% above the Tennessee state average and 31.3% above the U.S. national average. The median rent of $1,072/month is 20.2% above the state average.
With a price-to-rent ratio of 23.2, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Sevier County has an owner-occupancy rate of 70.7%, compared to 74.1% in Tennessee and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Pender County | North Carolina | $299,000 | $1,106 |
| Greenville County | South Carolina | $299,000 | $1,262 |
| Clarke County | Georgia | $298,900 | $1,219 |
| Harrisonburg city | Virginia | $299,100 | $1,184 |
| Madison County | Alabama | $299,200 | $1,209 |
Other Counties in Tennessee
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Dickson County | $306,400 | $1,015 | 80.3% |
| Moore County | $285,300 | $841 | 82.5% |
| Hamilton County | $312,800 | $1,253 | 63.9% |
| Putnam County | $282,500 | $908 | 61.2% |
| Bedford County | $281,200 | $1,051 | 71.9% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).