The housing market in Knoxville, GA (zip code 31050) is performing well above the national average. The median value of homes in the area is currently $316,100, which is 7.2% lower than the US median value of $338,100. Despite this difference, however, the housing market in Knoxville has seen an impressive 15.27% appreciation rate over the past year—almost double the national average of 8.27%. Clearly, real estate investments in Knoxville are performing favorably and represent a great opportunity for potential buyers and investors alike.
The median home cost in Knoxville (zip 31050) is $316,100. Home appreciation the last 10 years has been 72.9%. Home Appreciation in Knoxville (zip 31050) is up 20.0%.
Average Age of Homes
- The median age of Knoxville (zip 31050) real estate is 21 years old
The Rental Market in Knoxville (zip 31050)
- Renters make up 20.5% of the Knoxville (zip 31050) population
- 0.0% of houses and apartments in Knoxville (zip 31050), 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.