There are currently 8,657 real estate properties in Pigeon Forge, TN, with a median automated valuation model (AVM) price of $390,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pigeon Forge, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Pigeon Forge, TN, is $462,803.00, with the most expensive house in Pigeon Forge, TN, topping out at $10,609,000.00 and the cheapest home in Pigeon Forge, TN, clocking in at $12,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Pigeon Forge, TN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pigeon Forge, TN, is on a rollercoaster ride. The average rent price in Pigeon Forge, TN, is $1,309.00. Indeed, when looking to rent in Pigeon Forge, TN, you can expect to pay as little as $470.00 or as much as $3,020.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Pigeon Forge, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Pigeon Forge, TN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Pigeon Forge, TN and much more. Save thousands at closing with home foreclosure listings in Pigeon Forge, TN — up to 75% off market value!
Pigeon Forge is located in Sevier, Tennessee, with an estimated municipal population of 6,266 residents. All of the best foreclosed homes for sale in Pigeon Forge are located in the following zip code areas on Foreclosure.com: 37863 37868. The estimated population per square kilometer (.62 miles) in Pigeon Forge is 181.
So, about how much do homes cost in Pigeon Forge? The most recent median value of resident-owned homes in Pigeon Forge is 171,442. An estimated 52.7 percent of households in Pigeon Forge own their homes, with an average family size of 2.96. The median household income in Pigeon Forge is 45,660, with7.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Pigeon Forge, the median commute time of resident workers (in minutes) is 17.6. And last, but certainly not least, are you looking for homes to rent in Pigeon Forge? If so, the average rent price paid by renters in Pigeon Forge is 755, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Pigeon Forge, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Pigeon Forge is 44.3, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Pigeon Forge is 56.4, with an average family size of 2.96.
The percentage of residents who report their race in Pigeon Forge is as follows:
| White | 88% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 1.7% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 5.9% |
| Other | 4.4% |
Looking for family-friendly neighborhoods in and/or near Pigeon Forge? Or maybe you are searching for 55+ active adult communities in and/or near Pigeon Forge?
The percentage of residents who report their age in Pigeon Forge is as follows:
| Under 10 | 11.2% |
| Aged 10-19 | 9% |
| 20s | 13% |
| 30s | 10.9% |
| 40s | 11% |
| 50s | 17.1% |
| 60s | 11.8% |
| 70s | 10.7% |
| 80+ | 5.4% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Pigeon Forge with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Pigeon Forge.
How do you know that living in -- or moving to -- Pigeon Forge is right where you need to be? Perhaps you grew up in Pigeon Forge or already live nearby; therefore, the decision to buy a home in Pigeon Forge is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Pigeon Forge for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Pigeon Forge:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Pigeon Forge.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Pigeon Forge can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Pigeon Forge, meanwhile, can field multiple offers from more qualified buyers.
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