Waldens Creek / Wear Valley median real estate price is $155,259, which is more expensive than 61.2% of the neighborhoods in Tennessee and 39.3% of the neighborhoods in the U.S.
The average rental price in Waldens Creek / Wear Valley is currently $891, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.7% of Tennessee neighborhoods.
Waldens Creek / Wear Valley is a rural neighborhood (based on population density) located in Pigeon Forge, Tennessee.
Waldens Creek / Wear Valley real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Waldens Creek / Wear Valley neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Waldens Creek / Wear Valley. The current real estate vacancy rate here is 61.4%. This is higher than the rate of vacancies in 99.4% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (34.1%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.