The story of this market
The typical home in ZIP 37848 sells for about $398,000, or $182 per square foot.
Prices are up +17.3% from a year ago, so sellers still have some momentum. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $1,595 a month.
ZIP 37848 — Powder Springs
The housing market in the 37848 area, primarily serving Oak Ridge, is showing strong price appreciation with a 17.3% year-over-year increase. Inventory remains tight, contributing to a competitive environment for buyers despite a slight cooling in sales volume. Market conditions are currently driven by limited supply and steady demand.
Median prices moved up 17.3% year over year.
Homes spend a median of 57 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 37848
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data retrieved from Census Bureau ZCTA-level profiles.
- Knoxville Botanical Garden and Arboretum4.520 mi
- Morristown Landing4.619.1 mi
- Tennessee Valley Fair419.3 mi
- Smokies Park4.717.4 mi
- Knoxville Dragway4.612 mi
- House Mountain State Natural Area4.79.4 mi
- Gibbs Ruritan Park4.311 mi
- Buffalo Springs Waterfall4.58 mi
- Ballinger Farm Crazy Maze4.811 mi
- Echo Valley Corn Maze4.512.8 mi
- Muse Knoxville4.619.2 mi
- Historic Ramsey House4.719.5 mi
- Glenmore Mansion4.813.8 mi
- House Mountain State Natural Area4.79.4 mi
- Cherokee Dam Park & Swimming Beach4.711.5 mi
- Gibbs Ruritan Park4.311 mi
- Grainger County Park4.612.7 mi
- Mossy Creek Wildlife Viewing Area412.9 mi
- Flat Hollow Marina & Resort4.317.3 mi
- Stardust Marina4.418.2 mi
- Beach Island Resort & Marina Watercraft Rentals4.47.5 mi
- Hickory Star Resort & Marina4.410.6 mi
- Waterside Marina4.715.9 mi
- Three Ridges Golf Course4.412.8 mi
- Dollar General4.111.6 mi
- Dollar General4.111.5 mi
- Dollar General3.85.5 mi
- Smoky Mountain Skydive4.917.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.