Sevier County, Tennessee Housing Market Prices
Sevier County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 42% above the Tennessee median More expensive than 90% of counties in Tennessee$363,698
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Median rent 10% below the Tennessee median More expensive than 85% of counties in Tennessee$1,072
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Sevier County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $363,698 | $255,786 | $248,835 |
| Price Trend (Annual %) | 12.6% | 9.9% | 7.5% |
| Median Gross Rent | $1,072 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 5.1% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Sevier County is about 42% higher than in Tennessee. Rent is about 10% lower than the Tennessee average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Sevier County, up about 12.6% and 5.1% a year respectively. Home prices are changing faster.
Median rent in Sevier County rose about 48.5% between 2015 and 2024, from $722 to $1,072. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 5.8 yearly household incomes in Sevier County.
Buying the median-priced home in Sevier County costs roughly 28.3 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Sevier County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Sevier County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $363,698 | $255,786 | $248,835 |
| Median Household Income | $62,889 | $69,901 | $80,455 |
| Price-to-Income Ratio | 5.8 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Sevier County rose about 162.2%, while median household income rose about 42.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Sevier County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 48.4% | 60.1% | 58.5% |
| Rental Rate | 20.1% | 29.7% | 31.2% |
| Vacancy Rate | 31.6% | 10.2% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Sevier County has a homeownership rate of 48.4%, lower than the Tennessee average of 60.1%. Its housing vacancy rate is 31.6%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Sevier County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.45 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1993 | 1986 | 1978 |
| Median Number of Rooms | 5.2 | 5.7 | 5.5 |
The typical housing unit in Sevier County was built around 1993. On average, 2.4 people live in a home with about 5.2 rooms, staying for about 16.0 years on average.
Sevier County, TN Housing Compared With Nearby Counties
Sevier County, TN is typical in size for this group, 99,652 residents against a local median of 98,083, so the measures below are close to a like for like comparison. The measure that sets Sevier County, TN apart most is median home price: $363,698, 36% above the local median of $268,150.
The counties themselves spread $216,197 on median home price, so Sevier County, TN sits at one end of an already wide local range rather than apart from it. Sevier County, TN has the highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Sevier County, TN | 99,652 | $363,698 #1/5 | $1,072 #3/5 | 70.7% #4/5 |
| Jefferson County, TN | 56,834 | $118,803 | $904 | 75.8% |
| Blount County, TN | 139,333 | $334,999 | $1,090 | 77.0% |
| Cocke County, TN | 36,809 | $272,561 | $797 | 74.5% |
| Knox County, TN | 494,148 | $263,740 | $1,261 | 65.2% |
Frequently Asked Questions
Common questions about the housing market in Sevier County, Tennessee.
What is the median home price in Sevier County, Tennessee?
The median home price in Sevier County, Tennessee is $363,698, higher than the Tennessee average of $255,786.
What is the average home price in Sevier County, Tennessee?
The typical home price in Sevier County, Tennessee, reported as the median sale price, is $363,698. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Sevier County, Tennessee?
The median gross rent in Sevier County, Tennessee is $1,072 per month, lower than the Tennessee average of $1,188.
What was the median gross rent in Sevier County in 2020?
In 2020, the median gross rent in Sevier County, Tennessee was $810 per month.
What is the price-to-rent ratio in Sevier County, Tennessee?
The price-to-rent ratio in Sevier County, Tennessee is about 28.3, meaning it would take roughly 28.3 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Sevier County.
Are home prices or rent rising faster in Sevier County, Tennessee?
Both home prices and rent are rising in Sevier County, up about 12.6% and 5.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Sevier County, Tennessee?
48.4% of households in Sevier County, Tennessee own their home, lower than the Tennessee average of 60.1%.
What is the vacancy rate in Sevier County, Tennessee?
The housing vacancy rate in Sevier County, Tennessee is 31.6%, higher than the Tennessee average of 10.2%.
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