Zip 37772 (Lenoir City, TN) Housing

The housing market in Lenoir City, TN (37772) is booming! According to recent data, the median value of a home in the city is $399,400, which is significantly higher than the US median value of $338,100. The US housing appreciation rate for the past year was 8.27%, while in Lenoir City it was even higher at 20.45%. This demonstrates the strength of the Lenoir City housing market and indicates that prices are growing rapidly. Investing in the area now may be a wise decision as it appears that values are likely to continue to rise in coming years.

The median home cost in Lenoir City (zip 37772) is $399,400. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Lenoir City (zip 37772) is up 24.9%.

Average Age of Homes

- The median age of Lenoir City (zip 37772) real estate is 25 years old

The Rental Market in Lenoir City (zip 37772)

- Renters make up 19.3% of the Lenoir City (zip 37772) population
- 0.8% of houses and apartments in Lenoir City (zip 37772), 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	Lenoir City, Tennessee	United States
	5,793.0	139,647,020.0
	28	42
	$399,400	$338,100
	24.9%	16.6%
	83.4%	57.0%
	106.1%	101.1%
	$4.31	$10.98
	$1,247	$2,690
	78.3%	57.4%
	8.4%	11.2%
	13.3%	31.4%
Vacant Housing
	0.8%	1.9%
	0.5%	0.4%
	0.9%	0.7%
	0.5%	0.4%
	1.5%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	1.2%	2.4%
	1.1%	2.8%
	1.5%	3.9%
	4.2%	4.5%
	7.6%	11.3%
	10.4%	13.0%
	27.0%	20.1%
	12.8%	13.6%
	15.7%	8.3%
	11.4%	9.7%
	1.5%	3.9%
	2.6%	2.2%
	1.2%	0.8%
	1.6%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	22.1%	13.6%
	22.1%	13.6%
	18.2%	13.6%
	12.3%	13.2%
	11.8%	14.8%
	18.2%	13.6%
	6.8%	10.0%
	2.4%	4.7%
	2.6%	12.2%

Reviews for Lenoir City

See all (0)

Write a Review

Start Your Review of Lenoir City

Commute