37738, Gatlinburg, TN

The 37738 zip code of Gatlinburg, TN is located in the Great Smoky Mountains National Park. The area has a population of about 11,000 and the median household income is $41,000. Home prices in this zip code have increased by about 25% over the past five years.

The main reason for this increase is that there has been an increase in demand for homes in this area. Gatlinburg is a tourist destination and people are looking to buy homes that are close to attractions like the park. Additionally, there has been an increase in home equity loans available to residents of this zip code. This allows people to buy homes that they may not be able to afford otherwise.

There are some risks associated with buying a home in this area, though. There have been reports of property values dropping significantly after a period of time. Additionally, there is a risk that interest rates could rise and make it more difficult for people to pay their mortgages. It is important for buyers to do their research before making any decisions about purchasing a home in Gatlinburg.