37876, Sevierville, TN

The 37876 zip code of Sevierville, TN is located in the eastern part of the state and has a population of around 25,000. The median home value in this zip code is $119,000 which is lower than the state median home value of $157,500. However, this zip code has a higher percentage of homes that are valued at over $200,000 than the state as a whole.

There are a number of factors that could contribute to the lower median home values in this zip code. One reason may be that there are fewer homes available for sale in this area compared to other parts of the state. Additionally, many homeowners in this area have taken advantage of low interest rates over the past few years and have been able to refinance their homes at higher values. Finally, Sevierville is located in an area that has seen strong growth over recent years and some homeowners may be able to sell their homes for more than they paid for them due to increased demand from buyers.

Despite these lower home values, there are still a number of homeowners who own their homes outright or who are able to borrow against their home equity. This could help explain why the percentage of homes valued at over $200,000 is higher in this zip code than statewide. In addition, Sevierville residents have access to a number of affordable housing options including apartments and townhomes.