Zip 37918 (Knoxville, TN) Housing

The housing market in Knoxville, TN (37918) is booming. The median value of homes in the area is $274,100, which is significantly lower than the US median home value of $338,100. Additionally, over the past year in Knoxville, house appreciation has been much higher than the national average at 19.70%, while the US rate of house appreciation was 8.27%. This means that home values are increasing very quickly and making it a great time to invest or buy a home in this area.

The median home cost in Knoxville (zip 37918) is $274,100. Home appreciation the last 10 years has been 116.9%. Home Appreciation in Knoxville (zip 37918) is up 24.7%.

Average Age of Homes

- The median age of Knoxville (zip 37918) real estate is 37 years old

The Rental Market in Knoxville (zip 37918)

- Renters make up 27.6% of the Knoxville (zip 37918) population
- 1.1% of houses and apartments in Knoxville (zip 37918), 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
	19,966.0	139,647,020.0
	37	42
	$274,100	$338,100
	24.7%	16.6%
	82.5%	57.0%
	116.9%	101.1%
	$6.10	$10.98
	$1,080	$2,690
	62.0%	57.4%
	7.2%	11.2%
	30.8%	31.4%
Vacant Housing
	1.1%	1.9%
	0.1%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	1.3%	3.6%
	3.7%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	1.2%	2.4%
	1.4%	2.8%
	4.4%	3.9%
	5.7%	4.5%
	19.4%	11.3%
	26.3%	13.0%
	26.1%	20.1%
	9.4%	13.6%
	1.7%	8.3%
	1.3%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	17.2%	13.6%
	17.2%	13.6%
	18.2%	13.6%
	11.4%	13.2%
	14.8%	14.8%
	18.2%	13.6%
	10.5%	10.0%
	5.5%	4.7%
	4.8%	12.2%

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