The 10 Most Expensive Mountain Towns in Tennessee to Buy a Second Home

Tennessee offers unparalleled landscape, but the advantages of residing in the Volunteer State extend beyond its cheap cost of living and minimal property taxes. The winters are mild, and housing costs are moderate. Tennessee also has some of the most breathtaking mountain towns in the country.

With enough time and effort, a homeowner in an upmarket market may significantly raise the value of a less costly home they bought. So where are the priciest mountain towns in Tennessee? Find out which Tennessee mountain communities are the most costly to purchase a second home in.

1. Pittman Center

In Pittman Center, the average selling price of a house is $1.4 million, up 68.1% from 2022. Sevier County’s Pittman Center is located minutes from Gatlinburg, tucked away in the Great Smoky Mountains National Park. Pittman Center is a charming and historic hamlet with lots to offer prospective homebuyers. The people who live there are devoted to preserving the mountain culture that Pittman Center is known for. Numerous outdoor activities are available in the area, including swimming in the creek, hiking the Chimney Tops, fishing for trout, playing golf at Bent Creek Golf Course, and osprey observation. Trim’s Mountain Diner offers grilled pork or fried catfish for a quick supper that’s only a few minutes away.

2. Walland

In Walland, the average selling price of a house is $845,500, up 15.1% from 2022. Walland is an unincorporated town located near the crossroads of Maryville and Townsend in Blount County, Tennessee. Established amid what is known as “The Peaceful Side of the Smokies,” Walland is located in the foothills of the Great Smoky Mountains National Park.

Walland is a rural hamlet that scores highly for outdoor recreation and cost of living. The most famous feature of Walland is the internationally recognized Blackberry Farm, which is the third-best all-inclusive resort in the country. Blackberry Farm is a luxurious 4,200-acre estate that has grown to become a popular tourist attraction thanks to its exquisite surroundings and top-notch food.

3. Gatlinburg

In Gatlinburg, the average selling price of a house is $777,500, up 3% from 2022. With its abundance of attractions, dining options, and developing mountain home subdivisions, Gatlinburg, which borders the Great Smoky Mountains National Park on the Sevier County side, has become a well-known and rapidly expanding tourist destination.

Gatlinburg presents a striking contrast between its metropolitan style and the edge of a national park. The town is well-known for its diverse nightlife and high percentage of house ownership among its citizens. Three of Gatlinburg’s most notable landmarks include the relatively new Anakeesta, the instantly recognizable Space Needle, and Ober Gatlinburg, a popular place to go snow skiing. Though there are several places to eat, tried-and-true establishments like The Peddler—a classy steakhouse by a creek—and Best Italian—a superior pizza nestled discretely into a strip mall near the park entrance—are two of the most popular choices.

4. Pigeon Forge

In Pigeon Forge, the average selling price of a house is $725,000, up 3.7% from 2022. Pigeon Forge, located in Sevier County, is well-known for its abundance of tourist attractions and as the entry point to the Smoky Mountains. In terms of jobs, diversity, nightlife, and cost of living, Pigeon Forge is highly regarded.

Purchasing a property in Pigeon Forge offers the ideal combination of quaint tourism and pristine surroundings. Due to the popularity of Dollywood and the frequent convention events held there, Pigeon Forge traffic is very crowded. Finding detours and side roads to your location is essential for anyone living in a primary or second home.

5. Sevierville

In Sevierville, the average selling price of a house has stayed constant since 2022 at $699,900. To make sense of the sequence in which these mountain cities went from interstate to national park, starting in Knoxville, Tennessee, and ending at the 407 off of I-40 in Sevierville, then Pigeon Forge, Gatlinburg, and finally the national park. The largest and oldest town in Sevier County, Sevierville is conveniently located near major highways, making it an ideal choice for a second home in the mountains.

6. Townsend

In Sevierville, the average selling price of a house is $617,500, representing a 2.9% increase from 2022. Townsend is located in Blount County and borders the Great Smoky Mountains National Park on the south. It has excellent rankings for outdoor activities, health and fitness, and cost of living.

Townsend, like Walland, takes pride in being known as the “Peaceful Side of the Smokies,” although in recent years, this tranquil side has been expanding and changing. Townsend’s (as well as Blount County’s) schools are top-notch, and the area is well-regarded for its outdoor recreation and fitness programs. Townsend’s mountain homes are an excellent investment because of their close proximity to the national park, and specifically to Cades Cove. Townsend has an abundance of excellent restaurants, tubing options, and gently undulating biking routes. The Appalachian Bistro on the Dancing Bear Lodge grounds is highly recommended. The food is real farm-to-table cooking, with all ingredients either locally sourced or cultivated on the premises.

7. Cosby

In Cosby, the average selling price of a house is $479,900, up 21.5% from 2022. Cosby is located in Tennessee’s Cocke County, at the southern edge of the Smokies. Cosby, also referred to as the “Moonshine Capital of the World,” is far less congested than other mountain communities close to the GSMNP. Cosby has a low cost of living, a low crime rate, and stable economic growth.

8. Jonesborough

In Jonesborough, the average selling price of a house is $459,900, a 9.5% rise from 2022. Jonesborough is a town in Washington County that is near Johnson City. Johnson City, Kingsport, and Bristol are all included in the “tri-cities region” of extreme East Tennessee.

With its historic center, Jonesborough, the oldest town in the state, manages to hold onto its vintage appeal. The National Register of Historic Places includes the Jonesborough Historic District. In terms of employment, cost of living, public education, and outdoor recreation, Jonesborough has excellent ratings. Purchasing a second mountain property in Jonesborough is the best option for people who want a more relaxed setting than large crowds.

9. Maryville

In Maryville, the average selling price of a house is $439,900, up 3.5% from 2022. Although it is closer to Knoxville’s larger metropolitan facilities and the highway, it is still close to the Great Smoky Mountains.

Maryville is a highly recommended place to live or purchase a second property because of its great schools, inexpensive cost of living, and safe atmosphere. As a matter of fact, Maryville’s seven schools have received a “exemplary” grade, with six of them designated as “prize schools.” Families that wish to take advantage of this educational system but reside outside of Maryville’s boundaries can pay tuition for their children to attend the city’s public schools.

10. Mountain City

In Mountain City, the price of a home sold on average is $396,000, up 32.4% from 2022. In terms of weather and cost of life, it scores highly. Major highways, interstates, and an airport are all easily accessible from it.

Town Median Home Price County
Pittman Center $1.4 million Sevier
Walland $845,500 Blount
Gatlinburg $777,500 Sevier
Pigeon Forge $725,000 Sevier
Sevierville $699,900 Sevier
Townsend $617,500 Blount
Cosby $479,900 Cocke
Jonesborough $459,900 Washington
Maryville $439,900 Blount
Mountain City $396,000 Johnson