The housing market in 37922 Knoxville, TN is strong, with a median value of $524,600. This is well above the US median value of $338,100 and reflects an impressive 1 year house appreciation rate of 19.70%, which is far higher than the US 1 year house appreciation rate of 8.27%. With this strong performance in the housing market, now could be a great time to invest in real estate in the 37922 area of Knoxville.
The median home cost in Knoxville (zip 37922) is $524,600. Home appreciation the last 10 years has been 116.9%. Home Appreciation in Knoxville (zip 37922) is up 24.7%.
Average Age of Homes
- The median age of Knoxville (zip 37922) real estate is 24 years old
The Rental Market in Knoxville (zip 37922)
- Renters make up 13.3% of the Knoxville (zip 37922) population
- 1.5% of houses and apartments in Knoxville (zip 37922), 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.