Home Values

37876 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$161,400

  • 5.2% 1-year change
  • None 1-year forecast

The median home value in 37876 is $161,400. 37876 home values have gone up 5.2% over the past year. The median list price per square foot in 37876 is $123, which is lower than the Sevierville Metro average of $123. The median price of homes currently listed in 37876 is $189,900 while the median price of homes that sold is $142,800. The median rent price in 37876 is $850, which is lower than the Sevierville Metro median of $900.

Foreclosures will be a factor impacting home values in the next several years. In 37876 3.5 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 37876 is 5.3%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 37876 homeowners underwater on their mortgage is 16.1%.

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Relative ZHVI
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37876 Market Overview

Data through Dec 31, 2014
  • $161,400 ZHVI
  • No data 1-yr forecast
  • $189,900 Median listing price
  • $142,800 Median sale price
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37876 Market Health

Data through Dec 31, 2014
  • 2.4/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 16.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.3% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

3.5 homes 37876
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
37862 $166,900
37764 $165,000
37738 $162,700
Name Median ZHVI
37725 $153,200
37865 $147,100
37863 $141,500
Name Median ZHVI
37760 $122,700
37820 $120,400
37722 $106,400

Listings & Sales

Data through Dec 31, 2014
  • $123 Median list price / sq ft
  • $100 Median sale price / sq ft
  • 6.7% Listings with price cut
34.8%
Sold below listing
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37876 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,119 37876
    $1,125 Sevierville Metro
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $850 Rent list price (Nov 30, 2014)
  • No recent data Rent list price / sq ft
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