Zip 37888 (Washburn, TN) Housing


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United States / Tennessee / Knoxville Metro Area / Grainger County / No City / Washburn (zip 37888)
The housing market in 37888 Washburn, TN is thriving. The median value of homes in the area is $188,300, which is significantly lower than the US median value of $338,100. However, the appreciation rate of homes in 37888 Washburn, TN has skyrocketed over the past year, with an appreciation rate of 21.68%, compared to the US average appreciation rate of 8.27%. This indicates that the housing market in 37888 Washburn, TN is a great choice for potential homeowners and investors looking to get into a growing market.

The median home cost in Washburn (zip 37888) is $188,300. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Washburn (zip 37888) is up 27.0%.

Average Age of Homes
- The median age of Washburn (zip 37888) real estate is 27 years old
The Rental Market in Washburn (zip 37888)
- Renters make up 14.5% of the Washburn (zip 37888) population
- 1.6% of houses and apartments in Washburn (zip 37888), 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

  HousingWashburn, TennesseeUnited States
  1,646.0139,647,020.0
  3942
  $188,300$338,100
  27.0%16.6%
  87.9%57.0%
  114.6%101.1%
  $4.83$10.98
  $517$2,690
  66.3%57.4%
  21.2%11.2%
  12.5%31.4%
  Vacant Housing
  1.6%1.9%
  0.0%0.4%
  2.2%0.7%
  0.0%0.4%
  3.8%3.6%
  13.5%4.1%
  Value of Owner-Occupied Housing
  9.0%2.6%
  14.9%2.4%
  7.3%2.8%
  7.0%3.9%
  8.2%4.5%
  22.3%11.3%
  12.5%13.0%
  7.1%20.1%
  6.8%13.6%
  2.0%8.3%
  0.0%9.7%
  3.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  1.0%0.2%
  10.1%13.6%
  10.1%13.6%
  24.2%13.6%
  12.0%13.2%
  11.4%14.8%
  24.2%13.6%
  8.1%10.0%
  1.2%4.7%
  18.0%12.2%
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