The story of this market
The typical home in ZIP 37846 sells for about $419,000, or $264 per square foot.
Prices are up +1.7% from a year ago, so sellers still have some momentum. Homes take about 54 days to sell. HUD's fair market rent for a two-bedroom is $771 a month.
ZIP 37846 — Philadelphia
The Knoxville housing market is currently operating in neutral territory, characterized by a median home price of $419,000 and a moderate supply of inventory. While buyer interest remains sustained, the pace of sales has slowed slightly compared to the previous year, reflecting a more balanced environment for both buyers and sellers.
This area is well-suited for families and professionals who value proximity to the University of Tennessee and a robust outdoor lifestyle. It also attracts investors looking for stable rental demand, though buyers should be prepared for a competitive market.
Median prices moved up 1.7% year over year.
Homes spend a median of 54 days on market with 3.9 months of supply — a fast-moving market.
4% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 16.5% — a mixed stability 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 9.9%/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 6.4%/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 37846, 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 Knoxville area are generally higher than the national average, with property crime being the most frequently reported offense. Local law enforcement continues to focus on community-based policing initiatives to address these trends.
The area is served by Knox County Schools, which maintains a mix of highly-rated magnet programs and standard public schools. Performance varies significantly by specific school zone within the county.
The region faces moderate risks from severe thunderstorms and occasional flooding in low-lying areas near the Tennessee River. Property insurance premiums have seen upward pressure due to regional weather-related claims.
Knoxville benefits from a diverse economy anchored by the University of Tennessee, Oak Ridge National Laboratory, and a growing healthcare sector. Infrastructure projects, including downtown revitalization and highway improvements, continue to support steady development.
Property taxes are assessed at the county level based on a percentage of appraised value, with no state-level personal income tax on wages. Special districts for fire, utility, and school funding may apply depending on the specific parcel location.
Commuters in this area primarily rely on personal vehicles, with I-40 and I-75 serving as the main arteries connecting residential zones to the downtown employment core. Traffic congestion is common during peak hours, though transit options are limited.
Residents have access to extensive outdoor amenities, including the Tennessee River waterfront, numerous city parks, and proximity to the Great Smoky Mountains. Shopping and dining are concentrated in the downtown district and suburban retail hubs.
The rental market is currently experiencing a slight cooling trend with a year-over-year decline in asking rents. Vacancy rates remain stable, though there is a notable presence of investor-owned properties and short-term rentals in popular neighborhoods.
The local economy is driven by the University of Tennessee, healthcare systems, and the proximity to Oak Ridge National Laboratory. The region maintains a stable employment base with growth in the technology and service sectors.
The area is served by a network of major highways including I-40, I-75, and I-640. Public transit is provided by Knoxville Area Transit (KAT), though most residents rely on private vehicles.
Ongoing development is focused on urban infill and the expansion of mixed-use residential projects near the downtown core. Infrastructure improvements are prioritized to manage traffic flow in growing suburban corridors.
The Knox County Property Assessor manages the appraisal process, with property values updated periodically to reflect market conditions.
Parcels are subject to Knox County property taxes, with additional levies for school districts and municipal services depending on the specific jurisdiction.
Property insurance remains stable, though homeowners are advised to maintain adequate coverage for wind and storm-related damages common in the region.
Data retrieved from data.census.gov using 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.
- Dead Man's Farm Haunted Attraction4.47.2 mi
- The Scream Chamber4.814.5 mi
- Dead Man's Farm Haunted Attraction4.47.2 mi
- The Yacht Club at Tellico Village4.514.5 mi
- Angela's Miami Grill4.518.5 mi
- The Scream Chamber4.814.5 mi
- Smokehouse Bar & Grill4.413.2 mi
- The Lost Sea4.711.7 mi
- Sweetwater Valley Farm4.86.6 mi
- Dead Man's Farm Haunted Attraction4.47.2 mi
- Roane County Park4.712.7 mi
- Tsali Notch Vineyard4.913 mi
- K-25 History Center4.817.8 mi
- Sequoyah Birthplace Museum4.818.4 mi
- Fort Southwest Point State Historic Park4.711.6 mi
- McMinn County Living Heritage Museum4.718.1 mi
- Greer's Home Furnishings4.810.4 mi
- Windy Hill Farm & Preserve4.812.9 mi
- Roane County Park4.712.7 mi
- Loudon Municipal Park4.68 mi
- Fort Southwest Point State Historic Park4.711.6 mi
- Kingston City Park4.612.8 mi
- Caney Creek RV Resort4.412.8 mi
- The Mudpuppy4.717.7 mi
- Blue Springs Marina4.49.2 mi
- Euchee Marina Resort & Campground4.511.3 mi
- Crows Nest Restaurant4.29.3 mi
- Lakeside Golf Course4.311 mi
- Rural King4.47.5 mi
- Ingles Market4.47.5 mi
- Dollar General4.47.9 mi
- McGhee Tyson Airport4.429.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic site featuring fountains, lawns, and event spaces.
Central hub for local restaurants, boutiques, and community events.
Extensive trail system and outdoor recreation area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.