In Knoxville, TN (37932), the median house value is $470,300, which is significantly higher than the US House Median Value of $338,100. The 1-year house appreciation rate for the US is 8.27%, while in Knoxville it’s 19.70%, making it one of the most attractive housing markets in the country. With property values increasing at such a fast rate and median prices significantly higher than the national average, housing in Knoxville is a very desirable investment opportunity.
The median home cost in Knoxville (zip 37932) is $470,300. Home appreciation the last 10 years has been 116.9%. Home Appreciation in Knoxville (zip 37932) is up 24.7%.
Average Age of Homes
- The median age of Knoxville (zip 37932) real estate is 20 years old
The Rental Market in Knoxville (zip 37932)
- Renters make up 19.2% of the Knoxville (zip 37932) population
- 0.9% of houses and apartments in Knoxville (zip 37932), 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.