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Real Estate Prices & Overview

Elkmont / Fort Harry median real estate price is $392,526, which is more expensive than 66.3% of the neighborhoods in Tennessee and 52.2% of the neighborhoods in the U.S.

The average rental price in Elkmont / Fort Harry is currently $1,658, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.1% of Tennessee neighborhoods.

Elkmont / Fort Harry is a remote neighborhood (based on population density) located in Gatlinburg, Tennessee.

Elkmont / Fort Harry real estate is primarily made up of medium sized (three or four bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Elkmont / Fort Harry neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

In Elkmont / Fort Harry, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Elkmont / Fort Harry is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Gatlinburg, the Elkmont / Fort Harry neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

100.0% of the real estate in the Elkmont / Fort Harry neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Elkmont / Fort Harry neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Elkmont / Fort Harry neighborhood, is that an incredible 100.0% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.

Furthermore, uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 0 residents per square mile, Elkmont / Fort Harry is less crowded than 99.7% of all U.S. neighborhoods.

Also of note, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Elkmont / Fort Harry neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.9% of all American neighborhoods.

People

In a nation where 1 out of every 4 children lives in poverty, the Elkmont / Fort Harry neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, the Elkmont / Fort Harry neighborhood is unique for having just 0.0% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 100.0% of America's neighborhoods.

Occupations

There are more people living in the Elkmont / Fort Harry neighborhood employed as sales and service workers (0.0%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Elkmont / Fort Harry neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Elkmont / Fort Harry neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 100.0% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

While most Americans do drive to work alone each day, the Elkmont / Fort Harry neighborhood stands out by having 100.0% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 99.9% of all American neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Elkmont / Fort Harry neighborhood live here today that also were living in this same neighborhood five years ago than is found in 100.0% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

Diversity

Did you know that the Elkmont / Fort Harry neighborhood has more English and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 100.0% of this neighborhood's residents have English ancestry and 100.0% have Irish ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Elkmont / Fort Harry neighborhood in Gatlinburg are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Elkmont / Fort Harry neighborhood, 100.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Elkmont / Fort Harry neighborhood is English, spoken by 100.0% of households.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Elkmont / Fort Harry neighborhood in Gatlinburg, TN, residents most commonly identify their ethnicity or ancestry as English (100.0%). There are also a number of people of Irish ancestry (100.0%).

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Elkmont / Fort Harry neighborhood spend under 15 minutes commuting one-way to work (100.0% of working residents), one of the shortest commutes across America.

Here most residents (100.0%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

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