Pigeon Forge, TN Housing Market & Real Estate

Buyer's market-5.2% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Pigeon Forge, TN is $500,000, down 5.2% year-over-year. Homes sell in an average of 126 days with 185 active listings. The market is currently a buyer's market.

$500,000median sale price

Is Pigeon Forge a buyer's or seller's market?

Buyer's market9.7 months of supply126 avg. days on market

Pigeon Forge, TN is currently a buyer's market, based on 9.7 months of supply and homes selling in about 126 days. How we determine this →

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

Pigeon Forge, TN market data

Current housing market statistics for Pigeon Forge, TN
MetricValue
Median sale price$500,000
Median list price$812,000
Year-over-year price change-5.2%
Average days on market126 days
Active inventory185 listings
Months of supply9.7 months
Sale-to-list price ratio94.3%
Market conditionBuyer's market

Source: Redfin · Updated weekly

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

Homes for sale in Pigeon Forge

There are currently 185 homes listed for sale in Pigeon Forge, Tennessee. The median listing price is $812K.

Active listings

185

Homes on market

Median list price

$812K

Avg. days on market

126

Days until sale

New this week

34

Newly listed

Price drops:11.9%of listings
Sale-to-list:94.3%

Top public schools in Pigeon Forge

3 schools tracked · 1,362 students

The largest public schools serving Pigeon Forge, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Pigeon Forge Junior High School

Grades 7-9 · 517 students

Public

Pigeon Forge High School

Grades 10-12 · 455 students

Public

Pigeon Forge Intermediate

Grades 4-6 · 390 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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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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