Zip 37924 (Knoxville, TN) Housing

The housing market in 37924 Knoxville, TN is incredibly strong. The median value of a home in the area is $279,900, significantly lower than the US median value of $338,100. In the past year, homes in Knoxville have appreciated at 19.70%, much higher than the national average of 8.27%. This indicates that buying a home now would be a wise investment as it is likely to increase significantly in value over time.

The median home cost in Knoxville (zip 37924) is $279,900. Home appreciation the last 10 years has been 116.9%. Home Appreciation in Knoxville (zip 37924) is up 24.7%.

Average Age of Homes

- The median age of Knoxville (zip 37924) real estate is 30 years old

The Rental Market in Knoxville (zip 37924)

- Renters make up 21.2% of the Knoxville (zip 37924) population
- 1.8% of houses and apartments in Knoxville (zip 37924), 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
	5,654.0	139,647,020.0
	34	42
	$279,900	$338,100
	24.7%	16.6%
	82.5%	57.0%
	116.9%	101.1%
	$4.74	$10.98
	$806	$2,690
	70.2%	57.4%
	7.4%	11.2%
	22.4%	31.4%
Vacant Housing
	1.8%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.8%	0.4%
	0.0%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	1.1%	2.4%
	2.4%	2.8%
	5.6%	3.9%
	8.5%	4.5%
	22.4%	11.3%
	19.7%	13.0%
	32.0%	20.1%
	4.1%	13.6%
	0.8%	8.3%
	0.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	24.0%	13.6%
	24.0%	13.6%
	12.3%	13.6%
	12.1%	13.2%
	13.3%	14.8%
	12.3%	13.6%
	8.2%	10.0%
	6.3%	4.7%
	1.6%	12.2%

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