Zip 37931 (Knoxville, TN) Housing

The housing market in Knoxville, TN (37931) is thriving. The median value of a house in the area is $374,400, which is significantly higher than the US median value of $338,100. In addition, the 1 year appreciation rate for houses in Knoxville is 19.70%, which is nearly double the US rate of 8.27%. These figures demonstrate that investments into housing in this area are sure to bring incredible returns within a short period of time.

The median home cost in Knoxville (zip 37931) is $374,400. Home appreciation the last 10 years has been 116.9%. Home Appreciation in Knoxville (zip 37931) is up 24.7%.

Average Age of Homes

- The median age of Knoxville (zip 37931) real estate is 23 years old

The Rental Market in Knoxville (zip 37931)

- Renters make up 25.2% of the Knoxville (zip 37931) population
- 0.8% of houses and apartments in Knoxville (zip 37931), 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
	12,440.0	139,647,020.0
	25	42
	$374,400	$338,100
	24.7%	16.6%
	82.5%	57.0%
	116.9%	101.1%
	$4.72	$10.98
	$1,193	$2,690
	66.8%	57.4%
	4.3%	11.2%
	28.9%	31.4%
Vacant Housing
	0.8%	1.9%
	0.3%	0.4%
	0.8%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	2.4%	2.4%
	1.1%	2.8%
	1.0%	3.9%
	2.2%	4.5%
	9.4%	11.3%
	11.1%	13.0%
	43.4%	20.1%
	18.0%	13.6%
	3.8%	8.3%
	3.8%	9.7%
	0.4%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	23.2%	13.6%
	23.2%	13.6%
	23.8%	13.6%
	12.0%	13.2%
	8.4%	14.8%
	23.8%	13.6%
	4.0%	10.0%
	1.3%	4.7%
	2.7%	12.2%

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