Pigeon Forge, TN
Housing market overview · Updated weekly
$500,000median sale price
Homes sold
19
Last 12 weeks
Days on market
126
Average pace
Active listings
185
9.7 months supply
Sale-to-list
94.3%
Below asking
The Pigeon Forge housing market is currently classified as a buyer's market with a median sale price of $500,000. Prices have fallen 5.2% compared to last year, with homes spending an average of 126 days on market, indicating 9.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Pigeon Forge?
The median home sale price in Pigeon Forge is $500,000, down 5.2% from last year.
How long do homes stay on market in Pigeon Forge?
Homes typically spend 126 days on market before going under contract.
Is Pigeon Forge a buyer's or seller's market?
With 9.7 months of supply, Pigeon Forge is currently a buyer's market.
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