37871 — Sevier County, Tennessee Market Snapshot
Housing market data for zip code 37871 in Sevier County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
23 sales in 2026 (year to date)
Median Sale Price
$348,500
Days to Sell
57
Homes Sold
23
Inventory
22
Sale-to-List
96.5%
New Listings
25
Price/SqFt
$198
Pending Sales
23
Conforming Loan Available
Most homebuyers in 37871 can comfortably use conventional financing. The median home price of $348,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
37871's market is balanced with homes taking an average of 57 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 37871 sells for 3.5% below asking price (96.5% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 37871 can comfortably use conventional financing. The median home price of $348,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 37871 are set at the county level.
2026 Loan Limits — Sevier County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 37871
To purchase the median home at $348,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,820.
Monthly Payment
$2,820
Income Required
$120,861
Principal & Interest
$2,147/mo
Down Payment (5%)
$17,425
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 37871.
Estimated Monthly Payment
$2,307
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