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Featured local agent — Pigeon Forge, TN
Sarah Mitchell
Compass Real Estate · Pigeon Forge, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pigeon Forge, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$595,000median sale price
How is the Pigeon Forge, TN housing market right now?
The median home sale price in Pigeon Forge, TN is $595,000, up 13.9% year-over-year. Homes sell in an average of 69 days with 235 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Pigeon Forge a buyer's or seller's market?
Pigeon Forge, TN is currently a buyer's market, based on 12.4 months of supply and homes selling in about 69 days. How we determine this →
Homes sold
19
Last 12 weeks
Days on market
69
Average pace
Active listings
235
12.4 months supply
Sale-to-list
94.6%
Below asking
What does the Pigeon Forge housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $595,000 |
| Median list price | $537,500 |
| Year-over-year price change | +13.9% |
| Average days on market | 69 days |
| Active inventory | 235 listings |
| Months of supply | 12.4 months |
| Sale-to-list price ratio | 94.6% |
| Median price per sq ft | $361/sq ft |
| Homes sold (latest month) | 19 |
| New listings (latest month) | 38 |
| Listings with a price cut | 26.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Pigeon Forge by property type?
How the Pigeon Forge, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $595,000 | $361/sq ft | 17 | 73 days |
| Condo / Co-op | $427,500 | $310/sq ft | 2 | 36 days |
Source: Redfin · Updated monthly
The Pigeon Forge housing market is currently classified as a buyer's market with a median sale price of $595,000. Prices have risen 13.9% compared to last year, with homes spending an average of 69 days on market, indicating 12.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 7.9x provides context for how home values compare to local earning capacity.
Homes for sale in Pigeon Forge
There are currently 235 homes listed for sale in Pigeon Forge, Tennessee. The median listing price is $538K.
Active listings
235
Homes on market
Median list price
$538K
Avg. days on market
69
Days until sale
New this week
38
Newly listed
Who lives in Pigeon Forge?
Population
6,345
Median income
$53,839/yr
Median age
35.4 years
Owner-occupied
49.5%
College grads
11.5%
Avg commute
22.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Pigeon Forge?
Zillow home value
$424,506
Zillow rent index
$1,475/mo
Price-to-rent ratio
24.0x
Price-to-income
7.9x
Source: Zillow Research
What is it like to live in Pigeon Forge?
Pigeon Forge is a community of approximately 6K residents with a median age of 35.4 years.The median household income is $53,839, which represents a working-class community with solid middle-income opportunities. 11.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 49.5%, showing a blend of owner and renter-occupied properties. The average commute time is 22.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Pigeon Forge offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
Pigeon Forge High School
Grades 10-12 · 455 students
Pigeon Forge Intermediate
Grades 4-6 · 390 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Pigeon Forge, TN?
Want a head-to-head view? Compare Pigeon Forge side-by-side with any other U.S. city using our market-comparison tool.
Is Pigeon Forge a good real estate investment market?
For investors evaluating Pigeon Forge, the price-to-rent ratio of 24.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 13.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Pigeon Forge's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Pigeon Forge's median home price.
Frequently asked questions
What is the average home price in Pigeon Forge?
The median home sale price in Pigeon Forge is $595,000, up 13.9% from last year.
How long do homes stay on market in Pigeon Forge?
Homes typically spend 69 days on market before going under contract.
What is the median income in Pigeon Forge?
The median household income is $53,839 per year.
Is Pigeon Forge a buyer's or seller's market?
With 12.4 months of supply, Pigeon Forge is currently a buyer's market.
What is the Zillow home value estimate for Pigeon Forge?
The Zillow Home Value Index (ZHVI) for Pigeon Forge is $424,506, representing the typical home value in the area.
What is the median condo price in Pigeon Forge?
The median condo/co-op sale price in Pigeon Forge, TN is $427,500, compared to $595,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Pigeon Forge?
The median single-family home price in Pigeon Forge, TN is $595,000 (about $361 per square foot).
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