As the screen shot below shows, there is a real shortage of affordable homes in Northern Sevier County, specifically the Boyd’s Creek and Kodak communities. Historically the most affordable but also attractive areas in the north end of the county, the number of these homes available for sale but unsold not that long ago numbered in the dozens, many dozens in fact. The Kodak & Boyd’s Creek areas represent excellent commuter neighborhoods for both Knoxville and Sevier County, These communities are particularly attractive to couples if one member of the family works in Knoxville and another in Sevier County, be it Sevierville, Pigeon Forge, or even Gatlinburg. Even more clearly defining the current market status is the fact that there are only 4 homes with 3 or more bedrooms and 2 or more baths for sale under $120,000 in these areas! Part of the explanation is that the number of foreclosure properties coming onto the market is shrinking significantly. Furthermore, the pace of sales is increasing absorbing inventory much more promptly. If you are looking for an affordable home on the northern side of Sevier County, you had better hurry. There just aren’t that many left!!!
