Zip 37849 (Powell, TN) Housing

The housing market in 37849 Powell, TN is booming with the median value of the homes sitting at $300,700. This is well below the national median of $338,100, but it has seen a strong appreciation rate over the past year with 21.68% growth compared to 8.27% nationally. This could indicate that Powell is an attractive and affordable housing market for buyers. With its relative affordability and strong rate of appreciation, Powell presents an excellent opportunity for potential homeowners looking to invest in real estate.

The median home cost in Powell (zip 37849) is $300,700. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Powell (zip 37849) is up 27.0%.

Average Age of Homes

- The median age of Powell (zip 37849) real estate is 26 years old

The Rental Market in Powell (zip 37849)

- Renters make up 17.7% of the Powell (zip 37849) population
- 0.8% of houses and apartments in Powell (zip 37849), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Powell, Tennessee	United States
	11,164.0	139,647,020.0
	30	42
	$300,700	$338,100
	27.0%	16.6%
	87.9%	57.0%
	114.6%	101.1%
	$5.42	$10.98
	$1,048	$2,690
	77.2%	57.4%
	3.0%	11.2%
	19.8%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	0.6%	2.4%
	1.2%	2.8%
	3.3%	3.9%
	4.2%	4.5%
	14.0%	11.3%
	27.0%	13.0%
	32.8%	20.1%
	9.0%	13.6%
	2.4%	8.3%
	1.4%	9.7%
	1.1%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	24.6%	13.6%
	24.6%	13.6%
	18.1%	13.6%
	12.4%	13.2%
	14.9%	14.8%
	18.1%	13.6%
	5.7%	10.0%
	2.9%	4.7%
	2.0%	12.2%

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