Is It Worth It to Live in Gatlinburg, TN?

Dec 22, 2020

If you’re reading this article, chances are that you are thinking about moving. Out of all the cities to move to in Tennessee, Gatlinburg is often one of the most appealing for new residents to the state. But is it worth it to sell your home and move to Gatlinburg? Moving…

Written By Offer Hut

If you’re reading this article, chances are that you are thinking about moving. Out of all the cities to move to in Tennessee, Gatlinburg is often one of the most appealing for new residents to the state. But is it worth it to sell your home and move to Gatlinburg? Moving to a new city is no easy decision, but we’ve got you covered on the main things you need to know before deciding to sell your house in Tennessee and move down to Gatlinburg.

 

 

How’s the Housing Market?

Before you can officially sell your house and move to Gatlinburg, you’re going to need to find a new place to live in the city! According to Redfin, the median sale price of homes in Gatlinburg is $384,500, which marks an increase of 37.4% year-over-year. In general, the housing market in Gatlinburg is rated at a 31 out of 100, which Redfin considers to be “Somewhat Competitive.”

Although homes here can be a bit pricey, that’s good news for when you eventually sell your house in Gatlinburg. Homes tend to stay on the market around 60 days before they’re sold, and about one-third of homes are sold above the list price.

Can I Find a Job?

While you might have to sell your home and move to Gatlinburg if you get a job offer in the area, sometimes you decide to move before you’ve taken up a new position. The good news is that Gatlinburg has a thriving job market no matter what industry you work in.

According to BestPlaces, Gatlinburg’s unemployment rate is 3.3%, slightly lower than the national average of 3.7%. Over the next 10 years, job growth in the city is expected to be around 43.7%, which is leaps and bounds above the U.S. average of 33.5%. The main industry to find a job in is accommodation and food services, which makes up almost 28% of the job market, followed by retail trade at around 20%.

 

 

What is There to Do?

When you’re about to sell your house in Tennessee and move to a new place, it’s not just about the new home you find. You also want a neighborhood where you can explore new attractions. Luckily, Gatlinburg has tons to see and do! Though the Gatlinburg area is mostly known as a tourist attraction, there are tons of activities that even the locals can enjoy.

Many of the activities throughout Gatlinburg are centered around the outdoors. You can take the Gatlinburg Sky Lift to see the stunning mountain views or hike through the Gatlinburg Trail to see some of the most beautiful nature in Tennessee. There are also lots of indoor attractions such as the Ripley’s Aquarium of the Smokies, Hollywood Star Cars Museum, Sugarlands Distilling Company, and so much more.  Honestly, we could write an entire article just about the attractions in Gatlinburg!

 

 

If it’s time to sell your home in Tennessee but you want to stay in the Volunteer State, Gatlinburg would be an incredible choice for your next home. We wish you luck on your next chapter!

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