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Thursday, December 15, 2022

What to Know About Living in Sevierville, TN

Sevierville, TN

What to Know About Living in Sevierville, TN

Living in Sevierville, Tennessee, is a dream come true. With its rich history and stunning natural beauty, it’s no wonder that so many people are looking to live in this scenic area. The beautiful Great Smoky Mountains, Gatlinburg, and Pigeon Forge are part of your playground. There is always something new to explore and experience in the Tennessee mountains.

Sevierville real estate offers a plethora of options for buyers. You’re sure to find a property that meets all your needs, from single-family homes and condos to apartments and sprawling estates. Let’s learn more about living in Sevierville.

What’s the cost of living in Sevierville, TN?

Cost of living in Sevierville Tennessee

The cost of living in Sevierville is lower than the US average by about 8% in 2022. Housing costs are below the average, and utilities and healthcare are about the same as elsewhere in the nation. Compared to Tennessee, it’s near the state average, but housing is 17% more expensive than its median. Still, the big picture shows Sevierville an affordable place to live.

What’s the real estate market like in Sevierville, TN?

Real estate in Sevierville is a mix of single-family homes, condos, apartments, and vacation properties. The median home list price was $649K in December 2022, with 1,399 homes on the market in the greater Sevierville area. The average price per square foot was around $359.

Due to its proximity to nearby attractions and the area’s beauty, there’s been an increased demand for real estate in Sevierville. Year-over-year prices were up 24%.

The most affordable listing was a residential lot for $3,500 located well outside of town. The most expensive existing single-family home was $3.8 million on seven acres with 6,845 sq ft with mountain views.

Are there condos and townhomes in Sevierville, TN?

Being this close to the Great Smoky Mountains National Park and other vacation homes, there are condos and townhomes in Sevierville. Most units range from 2-3 bedrooms and offer amenities like swimming pools, fitness centers, community gatherings, and more. Some are in vacation resorts.

The market had 22 listings in December 2022. The most affordable condo was a one-bedroom, one-bath studio unit for $135,000. The most expensive was $434,900 with two bedrooms, two bathrooms, and 1,112 sq ft.

Where should I live in Sevierville, TN?

With various neighborhoods and areas to live in, you can find something that suits your needs. Find an urban vibe in Downtown Sevierville or East Valley. Tourists visit shops and entertainment attractions, but for residents, they are near the epicenter of dining, nightclubs, and town events.

Catlettsburg is located in Sevierville’s north end and is a go-to spot for a quieter place to live. With ample shopping and golfing options, this part of the city tends to draw retirees, but anyone seeking a less tourist-driven area will like it.

Beech Springs is a beautiful rural area in north Sevierville on the other side of the French Broad River. This area is perfect for those seeking large lots, abundant wildlife, and incredible mountain views.

Much of the area surrounding Sevierville is rolling foothills with mountain developments and rustic lots available. If you want a small homestead, log cabin, or gorgeous views, look at the surrounding city limits.

Is there waterfront living in Sevierville?

Waterfront homes in Sevierville are primarily located on the French Broad River, the West Prong of the Little Pigeon River, or one of their feeder creeks. You won’t be sailing or wakeboarding on these rivers, but you can kayak, canoe, and have a great fishing experience. Lake Douglas is a short drive away if you’re looking for deeper waters.

December 2022 had 73 homes with some type of waterfront available. The most expensive listing was a historic lakefront estate for $2.2M with four bedrooms, two bathrooms, and 2.3 acres on Douglas Lake. The most affordable was a half-acre lot on the Little Pigeon River.

Are there golf course communities in Sevierville?

Sevierville has golfing but not formal golf course communities.

What are Sevierville’s property taxes?

Property taxes in Sevierville TN

All Tennessee residential real estate is taxed at 25% of its assessed value. Taxes are billed and levied at the county and municipal level. Counties set the property values on January 1 of a given year.

Sevierville levied a tax of $0.4254 per $100 assessed value in 2022. Sevier County’s tax rate is $1.48 per $100 assessed value. The combined rate was 1.9054, not including school board taxes.

Is there golf in Sevierville?

Sevierville is an excellent golfing destination with two great courses in the city. The public Sevierville Golf Club received recognition from Golf Advisor as a top 50 course in the US with private club-quality amenities.

It has two championship courses: the River and Highland courses. The River course is a par 72 layout along the Little Pigeon River, while the Highland course is a par 70 that winds through lush hillsides. Both are beautiful and challenging but also affordable. Putting greens, chipping areas, and a driving range are available.

Is Sevierville, TN, growing?

Sevierville’s population has grown steadily over the past several years, by about 1.7-1.8% each year. In 2020, the US Census Bureau estimated that Sevierville had 17,889 people living in it, an increase of 3,000 since 2010.

The city is also home to a thriving business community with more than 1,000 businesses employing more than 8,000 people. Retirees are attracted to the area’s low cost of living and quality healthcare options. About 22% of its population was under 18, and another 22% was over 65.

Where is Sevierville, TN?

Map of Sevierville TN

Sevierville is located in the beautiful valley surrounding the forks of the Little Pigeon River in eastern Tennessee. It is situated outside Knoxville, Tennessee, by about an hour’s drive. You can get there on Interstate 40 at exit 407 or Highway 441.

The town is long and narrow, following Highway 66, or Winfield Dunn Parkway, up to I-40. It widens near downtown, where it borders Pigeon Forge.

Sevierville is part of Sevier County and is about 15 miles from downtown Gatlinburg and the Great Smoky Mountains.

What is there to do in Sevierville, TN?

Sevierville is one of Tennessee’s oldest towns. Founded along one of the forks of the Little Pigeon River, it originated in 1795 and got its name from Tennessee’s first governor.

The vibrant downtown district provides plenty of entertainment options for residents. You can find anything from museums with muscle cars and warbird aircraft to NASCAR go-kart tracks, underground cave tours, petting zoos, and interactive mini-golf courses.

Did you know country music superstar Dolly Parton is from Sevierville? A statue stands in her honor in the town square and is popular for taking pictures. Live music is part of the scene, with two music venues hosting family-friendly shows throughout the year.

The Sevierville City Park has a playground, picnic areas, and walking trails. Outdoor enthusiasts can explore Panther Creek State Park or take a leisurely stroll along the banks of the Little Pigeon River. Just outside town is the expansive Douglas Lake, formed by damming the French Broad River.

There is always something to do in downtown Sevierville, from live music and theater performances to great restaurants.

What areas are near Sevierville, TN?

With its proximity to the Great Smoky Mountains and beautiful Gatlinburg and Pigeon Forge just minutes away, a new experience awaits around every corner.

Pigeon Forge borders Sevierville, and in some ways, they feel like the same town. Pigeon Forge continues the entertainment options with huge draws like Dollywood, the country-themed amusement park with roller coasters and rides.

Continuing south awaits Gatlinburg, where tourists come for the bustling shopping and entertainment district designed like a European village. The so-called gateway to the Great Smoky Mountains National Park has attractions like the Space Needle and Ober Gatlinburg Ski Resort.

Over 11 million people pass through the greater Sevierville area each year to visit the Great Smoky Mountains National Park. Outdoor recreation choices are abundant. Walk the Appalachian Trail or one of the many other hiking and backpacking trails in the park. Camp overnight, go fly fishing and rock climbing. Get the heart pumping with a whitewater adventure on the Pigeon or French Broad. Take a scenic drive in the fall or spring.

Outside the area, Knoxville is about an hour away, providing an International airport, university, and more shopping options. Asheville lies on the North Carolina side of the border by about two hours.

Living in Sevierville, TN

Amazing aerial view of Sevierville TN

Sevierville real estate offers a plethora of options for buyers. From single-family homes and condos to apartments and sprawling estates, you’re sure to find a property that meets all your needs. Plus, the peaceful mountain setting lends itself perfectly to outdoor activities like hiking or fishing in one of the many nearby rivers or streams.

All in all, living in Sevierville is about possibilities. It balances modern entertainment with quiet outdoor spaces. Find your Sevierville home by working with a local real estate agent.

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Preston Guyton

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