The housing median value in 37902 Knoxville, TN is $459,900, which is more than the US house median value of $338,100. Additionally, the house appreciation in 37902 Knoxville, TN over the past year has been 19.70%, which is much higher than the US 1 year House Appreciation of 8.27%. This high rate of appreciation indicates that the housing market in 37902 Knoxville, TN is thriving and that people are continuing to invest in property there.
The median home cost in Knoxville (zip 37902) is $459,900. Home appreciation the last 10 years has been 116.9%. Home Appreciation in Knoxville (zip 37902) is up 24.7%.
Average Age of Homes
- The median age of Knoxville (zip 37902) real estate is 65 years old
The Rental Market in Knoxville (zip 37902)
- Renters make up 74.2% of the Knoxville (zip 37902) population
- 4.3% of houses and apartments in Knoxville (zip 37902), 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.