Zip 37909 (Knoxville, TN) Housing

The housing market in 37909 Knoxville, TN is very strong. The median value of homes in the city is $313,800, which is slightly lower than the US median house value of $338,100. However, the 1 year house appreciation rate for Knoxville was 19.7%, which is significantly higher than the US average of 8.27%. This indicates that there is a high demand for housing in Knoxville and prices are likely to continue to appreciate over time.

The median home cost in Knoxville (zip 37909) is $313,800. Home appreciation the last 10 years has been 116.9%. Home Appreciation in Knoxville (zip 37909) is up 24.7%.

Average Age of Homes

- The median age of Knoxville (zip 37909) real estate is 38 years old

The Rental Market in Knoxville (zip 37909)

- Renters make up 54.0% of the Knoxville (zip 37909) population
- 0.3% of houses and apartments in Knoxville (zip 37909), 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	Knoxville, Tennessee	United States
	7,893.0	139,647,020.0
	37	42
	$313,800	$338,100
	24.7%	16.6%
	82.5%	57.0%
	116.9%	101.1%
	$5.92	$10.98
	$1,955	$2,690
	41.6%	57.4%
	4.2%	11.2%
	54.2%	31.4%
Vacant Housing
	0.3%	1.9%
	0.9%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	0.7%	2.4%
	0.0%	2.8%
	0.8%	3.9%
	4.3%	4.5%
	14.4%	11.3%
	24.1%	13.0%
	35.0%	20.1%
	7.3%	13.6%
	5.2%	8.3%
	5.3%	9.7%
	0.9%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.9%	13.6%
	11.9%	13.6%
	21.3%	13.6%
	22.2%	13.2%
	17.6%	14.8%
	21.3%	13.6%
	8.1%	10.0%
	1.9%	4.7%
	0.4%	12.2%

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