Real Estate Investing in Sevierville, Tennessee (37876)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37876 (Sevierville, TN)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 27.2% of homes vacant — above national norms.
What’s happening in Sevierville, TN (37876)?
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Market Analysis: 37876 Sevierville
Not every below-median market is a bargain. Sevierville's 37876 ZIP posts signals that favor experienced operators who can absorb the risk $413K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 37876 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within TN, ZIP 37876 trails on several market indicators that neighboring Sevier submarkets outperform. The gap is real and durable enough to shape underwriting.
Employment concentration in 37876 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 37876 is an operator game, not a passive one. Stepping back, entry prices of $413K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Sevierville:
Property Strategy for 37876
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $387,050 | $950 | 1.8% | +11.8% | $387,050 |
| 2BR | $446,832 | $1,130 | 1.8% | +11.4% | $223,416 |
| 3BR | $418,425 | $1,490 | 2.6% | +9.4% | $139,475 |
| 4BR | $608,898 | $1,580 | 1.9% | +10.2% | $152,224 |
| 5BR | $1,010,477 | — | — | +10.3% | $202,095 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37876 Compare?
| Metric | 37876 | Sevierville | Tennessee |
|---|---|---|---|
| Home Value | $413,077 | $413,077 | $327,001 |
| 5-Year CAGR | 3.6% | 3.6% | 7.7% |
| Avg Rent | $1,597 | $1,597 | - |
| Cap Rate | 3.0% | 3.0% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37876 (Sevierville, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $413,077 |
| Monthly Rent | $1,597 |
| Price-to-Rent | 21.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | -1.2% ▼ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 Rent Trends
| 1-Year | -3.3% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 37876
Population: 32,964
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 37876
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
What investment strategy works best in Sevierville, TN?
In Sevierville, TN the notable play is typically careful cash-flow rentals with hands-on management. The combination of $413K prices and $1,597/mo rents suits that approach.
What is the renter demographic in Sevierville, TN?
Sevierville, TN offers a predictable renter base at the $1,597/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is Sevierville, TN a smart market for rental property?
The 3.0/5 investability rating in Sevierville, TN reflects its $413K prices and $1,597/mo rents. Investors generally consider it a solid option within TN.
Are eviction rules reasonable in Sevierville, TN?
For rental operators, Sevierville, TN rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What is the average monthly rent in Sevierville, TN?
Expect rents around $1,597/mo per month in Sevierville, TN. With home values at $413K, the yield math works out to reasonable levels for rental investors.
You know 37876 now. You don’t know where it ranks.
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