Market Overview
Home Prices in Gatlinburg, TN
The median home value in Gatlinburg, TN is $410,911 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.6% compared to a year ago and down 10.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gatlinburg are priced0% above average. Gatlinburg is part of the Sevierville, TN metro area.
Over the past five years, Gatlinburg home values have risen by approximately5.7%, reflecting steady appreciation in this market.
Price History
Gatlinburg Home Price Trend
City Comparison
Gatlinburg vs. National Median
At $410,911, homes in Gatlinburg cost 0% above the national median of $410,000. Buyers in Gatlinburg should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Gatlinburg?
20% Down Payment
$82,182
on $410,911
Monthly P&I
$2,143/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,722/mo
incl. taxes & insurance
Income Needed
$108,880
gross annual (30% rule)
10% Down Option
$41,091
+ PMI applies
Loan Amount (20% dn)
$328,729
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Gatlinburg, TN?
The median home value in Gatlinburg is $410,911 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.6% year-over-year.
How much have home prices changed in Gatlinburg?
Over the past year, home values in Gatlinburg have decreased by 4.6%. Over five years, prices have risen approximately 5.7%.
How much do I need to earn to buy a home in Gatlinburg?
To comfortably afford the median home price of $410,911 with a 20% down payment ($82,182) at today's rates (6.8%), you'd need a gross annual income of approximately $108,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Gatlinburg compare to the national average home price?
The national median home value is approximately $410,000. At $410,911, homes in Gatlinburg are 0% above the national average.
What metro area is Gatlinburg part of?
Gatlinburg is part of the Sevierville, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.