Zip 37912 (Knoxville, TN) Housing

The housing market in Knoxville, Tennessee is thriving. According to recent statistics, the median value of homes in this area is $235,600, which is significantly lower than the US average of $338,100. What's more impressive is that over the past year, house appreciation in this area has been 19.70%, much higher than the US average of 8.27%. This indicates that investing in real estate in Knoxville may be an especially lucrative decision right now.

The median home cost in Knoxville (zip 37912) is $235,600. Home appreciation the last 10 years has been 116.9%. Home Appreciation in Knoxville (zip 37912) is up 24.7%.

Average Age of Homes

- The median age of Knoxville (zip 37912) real estate is 39 years old

The Rental Market in Knoxville (zip 37912)

- Renters make up 46.3% of the Knoxville (zip 37912) population
- 3.7% of houses and apartments in Knoxville (zip 37912), 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
	10,958.0	139,647,020.0
	43	42
	$235,600	$338,100
	24.7%	16.6%
	82.5%	57.0%
	116.9%	101.1%
	$5.92	$10.98
	$1,162	$2,690
	45.9%	57.4%
	10.9%	11.2%
	43.2%	31.4%
Vacant Housing
	3.7%	1.9%
	0.0%	0.4%
	2.0%	0.7%
	0.0%	0.4%
	0.9%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	1.5%	2.4%
	1.5%	2.8%
	7.6%	3.9%
	13.5%	4.5%
	30.9%	11.3%
	26.9%	13.0%
	13.0%	20.1%
	2.5%	13.6%
	0.3%	8.3%
	0.2%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	13.7%	13.6%
	13.7%	13.6%
	14.8%	13.6%
	15.3%	13.2%
	17.7%	14.8%
	14.8%	13.6%
	15.9%	10.0%
	3.7%	4.7%
	2.2%	12.2%

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