The story of this market
The typical home in ZIP 37924 sells for about $420,000, or $202 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,134 a month.
ZIP 37924 — Knoxville
The 37924 housing market is showing resilience with steady price appreciation and moderate inventory levels. Demand remains supported by the area's affordability relative to the national average and its appeal to families seeking suburban space. While interest rates have tempered some buyer activity, the market remains balanced with consistent sales volume.
This ZIP code is well-suited for family buyers and commuters who prioritize suburban living and larger lot sizes while maintaining reasonable access to Knoxville's employment centers. It is less ideal for those seeking high-density urban walkability or extensive public transit access.
Median prices moved up 3.2% year over year.
Homes spend a median of 45 days on market with 3.8 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.6% · poverty 6.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 37924, Knox County TN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the 37924 area remain generally lower than the Knoxville city average, with property crime being the primary concern. Regional trends indicate stable safety levels compared to more urbanized ZIP codes in Knox County.
Schools serving this area are part of the Knox County School District, which maintains a mix of ratings; many local elementary and middle schools are considered stable, though performance varies by specific attendance zone.
The area is subject to standard regional risks including severe thunderstorms and occasional high winds. Flood risk is localized to specific low-lying areas near creeks, and property insurance premiums are consistent with the broader East Tennessee market.
Development momentum is driven by suburban expansion on the eastern edge of Knoxville, with new residential subdivisions and infrastructure improvements supporting the growing population. Proximity to major employment hubs in downtown Knoxville and the I-40 corridor remains a key economic driver.
Property taxes are assessed by Knox County based on the appraised value of real property. The jurisdiction utilizes a consolidated tax rate that includes county-wide levies and specific school district funding requirements, with no state-level personal income tax on wages.
Commuters primarily utilize the I-40 corridor to reach downtown Knoxville, with typical drive times ranging from 20 to 30 minutes depending on traffic. Public transit options are limited, making personal vehicle ownership essential for most residents.
The area offers access to outdoor amenities including local parks and proximity to the Holston River. Shopping and dining options are concentrated along the major arterial roads leading toward Knoxville, with larger retail centers located within a 15-minute drive.
The rental market is characterized by steady demand from families and commuters seeking more space than is available in the urban core. Vacancy rates remain low, and rent growth has tracked with regional inflation trends.
The local economy is anchored by the broader Knoxville metropolitan area, with significant employment in healthcare, education (University of Tennessee), and government services. The area benefits from its strategic location along the I-40 logistics corridor.
The area is served by major highway corridors including I-40 and US-11, which facilitate regional travel. Public transportation is minimal, with the area relying heavily on private vehicle infrastructure.
Development is focused on residential expansion and the improvement of arterial road capacity to accommodate population growth. Commercial development is primarily concentrated along existing highway interchanges.
The Knox County Property Assessor manages the appraisal process, conducting periodic reappraisals to ensure property values reflect current market conditions.
Parcels in this ZIP are subject to Knox County property taxes and are served by the Knox County School District. Some areas may fall within specific utility districts for water and sewer services.
Property insurance remains stable, though premiums are influenced by regional weather patterns and the cost of construction materials in the Knoxville market.
Tennessee continues to experience positive net domestic migration, with the Knoxville metro area attracting residents from higher-cost states.
Tennessee is a non-judicial foreclosure state, allowing for a relatively streamlined process for lenders to initiate foreclosure proceedings following a default.
Sellers are required to provide a residential property disclosure statement, detailing the condition of the property and any known material defects.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- The Island in Pigeon Forge4.719.9 mi
- Soaky Mountain Waterpark4.414.8 mi
- WonderWorks Pigeon Forge4.318.5 mi
- Dig'n Zone Theme Park4.518.7 mi
- Wild WaterDome Indoor Waterpark4.515 mi
- Neyland Stadium4.78.8 mi
- Thompson-Boling Arena at Food City Center4.69 mi
- Knoxville Convention Center4.58.5 mi
- Knoxville Civic Auditorium and Coliseum4.47.8 mi
- Pirates Voyage Dinner & Show4.619.8 mi
- Zoo Knoxville4.55.6 mi
- Ijams Nature Center4.76.3 mi
- World's Fair Park4.78.5 mi
- Victor Ashe Park4.611.5 mi
- Seven Islands State Birding Park4.87.8 mi
- Titanic Museum Attraction4.618.7 mi
- Alcatraz East Crime Museum4.519.9 mi
- Hollywood Wax Museum4.519 mi
- Sunsphere4.58.5 mi
- Knoxville Museum of Art4.78.6 mi
- Ijams Nature Center4.76.3 mi
- World's Fair Park4.78.5 mi
- Victor Ashe Park4.611.5 mi
- Seven Islands State Birding Park4.87.8 mi
- Knoxville Botanical Garden and Arboretum4.55.8 mi
- Island Pointe Golf Club4.28.1 mi
- Three Ridges Golf Course4.45.2 mi
- Williams Creek Golf Course4.36.4 mi
- Ruggles Ferry Golf Course4.22.8 mi
- Whittle Springs Golf Course3.86.7 mi
- Great Smokies Flea Market4.410.3 mi
- Publix Super Market at University Commons4.69.7 mi
- Rural King4.58.6 mi
- Three Rivers Market4.68.1 mi
- Kohl's4.25.1 mi
- McGhee Tyson Airport4.419 mi
- Smoky Mountain Skydive4.913.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides river access, walking trails, and picnic areas.
Historic excursion train that operates in the region.
Major retail and dining corridor serving the eastern Knoxville area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.