Sevierville - 37862

As of October of 2024, Homes in 37862 ZIP Code have depreciated by -2.07%, with the median home value standing at $464,434, according to Zillow.

There are currently 2,750 active short-term rentals in 37862 ZIP Code. The average daily rate for these rentals is $252. This translates to an annual revenue of $56,958 for short-term rentals as of October of 2024.

37862 ZIP Code is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.

As of October of 2024, the average gross yield for short-term rentals in 37862 ZIP Code is 12.29%. However, potential investors should also consider the average property tax, which stands at 0.37% according to SmartAsset.

The median household income in 37862 is $58,231.

As of October of 2024, the occupancy rate for Airbnb rentals in 37862 is 67%, which is higher than the average occupancy rate for the United States.

As of October of 2024 The unemployment rate in 37862 ZIP Code is 2.5%, which is lower than the national average of 4.1%.

The most impactful amenities for short-term rentals in 37862 include a Baby monitor, Beach essentials, and Bikes.

37862 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Nashville, TN (2.38% of all guests), Chicago, IL (1.51% of all guests), and Atlanta, GA (1.43% of all guests).

The top short-term rental hosts in 37862 ZIP Code include Victoria, Elk Springs and Justin. These hosts have an average rating of 4.87, 4.56 and 4.96 respectively.

The most popular property types in 37862 ZIP Code are 2-bedroom units, with an average daily rate of $252 and an annual revenue of $54,677.

The average booking lead time for short-term rentals in 37862 ZIP Code is 67 days.