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PIGEON FORGE, TN 37863

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The PIGEON FORGE, TN real estate market (37863) currently shows 214 active listings, with 36 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are selling faster, averaging 86 days on market compared to 100 days last year.

The median listing price has fallen 10.5% year-over-year, from $599,900 to $536,750.

Whether you are buying or selling in PIGEON FORGE, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 6,525  ·  Density: 146.2/mi²  ·  Median household income: $52,434

Typical home value: $224,700  ·  Homeownership: 48.6%

Market Overview

Active Listings
214
⇧ 5.4% vs 203 last year
Pending
36
17% pending ratio
Median Price
$536,750
⇩ 10.5% vs $599,900 last year
Average Price
$655,440
⇩ 16.6% vs $786,028 last year
Days on Market
86
⇩ 14% vs 100 days last year

Price Per Square Foot

Median $/sqft
$389
⇩ 2.3% vs $398/sqft last year
Median Home Size
1,400 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 214 this year vs 203 last year
  • Days on market: 86 now vs 100 last year

Median & Average Pricing

Year over Year
  • Median: $536,750 (-10.5% YoY)
  • Average: $655,440 (-16.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.5 miles — 1,329 listings ($894,154,500 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37863Pigeon Forge, TN 378630.0 mi195$143,003,835$582,400$733,353
37876Sevierville, TN 378767.2 mi568$439,891,008$599,900$774,456
37865Seymour, TN 3786510.7 mi88$48,526,720$407,450$551,440
37886Walland, TN 3788614.0 mi20$35,805,060$687,450$1,790,253
28719Cherokee, NC 2871918.3 mi1$413,000$413,000$413,000
37722Cosby, TN 3772218.6 mi49$26,431,727$425,000$539,423
37914Knoxville, TN 3791418.8 mi121$38,779,653$303,882$320,493
37882Townsend, TN 3788219.2 mi54$46,406,898$607,450$859,387
37820New Market, TN 3782020.5 mi33$20,538,144$467,450$622,368
37806Mascot, TN 3780622.6 mi11$6,824,180$297,750$620,380
37760Jefferson City, TN 3776022.9 mi59$31,389,121$430,000$532,019
37701Alcoa, TN 3770123.6 mi26$10,444,954$317,450$401,729
37821Newport, TN 3782124.5 mi104$45,700,200$349,000$439,425

Frequently Asked Questions

How many homes are for sale in PIGEON FORGE, TN 37863?

As of February 2026, there are 214 active listings in PIGEON FORGE, TN (zip code 37863), compared to 203 the prior year.

What is the median home price in PIGEON FORGE, TN 37863?

The median listing price in PIGEON FORGE, TN 37863 is $536,750 as of February 2026, a 10.5% decrease from $599,900 the prior year.

How long do homes stay on the market in PIGEON FORGE, TN?

Homes in PIGEON FORGE, TN 37863 spend an average of 86 days on the market before going under contract, compared to 100 days the prior year.

Is it a seller's or buyer's market in PIGEON FORGE, TN 37863?

Based on current inventory and days-on-market data as of February 2026, PIGEON FORGE, TN 37863 is currently a Balanced Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are selling faster, averaging 86 days on market compared to 100 days last year.

How much can I save on real estate commission in PIGEON FORGE, TN?

With SELL123.com's maximum 3% commission, sellers in PIGEON FORGE, TN 37863 save an estimated $10,735 compared to a typical 5% commission on the median listing price of $536,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.