37864
Sevierville, Tennessee
Sevierville 37864 is stable.
The 37864 ZIP code in Sevierville, Tennessee has a median sale price of $125K, down N/A year-over-year. Homes spend an average of 2 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 67 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
The 37864 ZIP code displays an unusual market configuration with a $125,000 median sale price holding flat year-over-year while homes clear in just two days. This two-day average time on market indicates acute inventory scarcity rather than organic demand strength, as zero homes sold above list price despite the rapid absorption rate. The combination of stable pricing and lightning-fast sales suggests sellers are pricing at or below market clearing levels, potentially leaving money on the table in exchange for transaction certainty.
Value-focused investors and first-time buyers gain the most advantage in this environment, provided they can act within the two-day window before properties move. The flat price trajectory at $125,000 eliminates speculation premium while the sub-week DOM eliminates traditional negotiation leverage, favoring all-cash buyers who can close without financing delays. Sellers prioritizing speed over maximum proceeds find ideal conditions, though the zero percent above-list metric indicates they're sacrificing potential appreciation capture for velocity.
The PropIQ score of 67 signals caution ahead, suggesting current conditions may not sustain through 2025. Markets combining flat prices with extreme velocity typically precede either upward price corrections or demand deterioration—the score indicates the latter poses greater risk here. Monitor whether days on market extends beyond five days or if list-to-sale ratios begin exceeding 100 percent, either of which would confirm directional shift before price data reflects it.
What is the median home price in 37864 Sevierville?
The median sale price in 37864 is $125K, down N/A year-over-year as of 2024-11-30.
How long do homes stay on the market in Sevierville 37864?
Homes in 37864 Sevierville spend an average of 2 days on market before going under contract.
Is Sevierville 37864 a good place to invest in real estate?
Folio's PropIQ™ score for 37864 is 67/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 67 mean for 37864?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 67 = Caution in 37864 Sevierville, Tennessee.