The story of this market
The typical home in ZIP 37837 sells for about $265,000, or $168 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 37837
The housing market in 37837 remains stable with moderate price growth and consistent demand. Inventory levels are sufficient to support current sales volume, though buyers remain sensitive to interest rate fluctuations. Overall, the area continues to benefit from its proximity to Knoxville's economic core.
This ZIP code is well-suited for families and commuters seeking a balance between suburban affordability and accessibility to Knoxville's urban amenities.
Median prices moved up 2.4% year over year.
Homes spend a median of 48 days on market with 3.2 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.5% — 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 6.9%/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 6.1%/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 37837, Knox County TN
Crime rates in the area are generally consistent with regional averages for suburban Knoxville, with property crime being the primary concern.
Schools serving the area are part of the Knox County School District, generally maintaining average performance ratings.
The area is subject to standard regional risks including severe thunderstorms and occasional high winds; flood risk is localized to specific low-lying areas.
Economic momentum is driven by proximity to Knoxville's major employment hubs and ongoing residential development in the surrounding corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Tennessee) — Tennessee Property Tax Assessment: Property is assessed at a percentage of its fair market value: 25% for residential property. The tax amount is calculated by multiplying the assessed value by the local tax rate (per $100 of assessed value).
Residents primarily commute via I-75 and I-40, with average drive times to downtown Knoxville ranging from 20 to 30 minutes depending on traffic.
The area offers access to local community parks, nearby greenways, and is within a short drive of the Tennessee River and various shopping centers.
The rental market is characterized by moderate demand and stable vacancy rates, with a mix of long-term rentals and limited short-term presence.
The local economy is anchored by the broader Knoxville market, with significant employment in healthcare, education, and retail sectors.
Transportation is heavily reliant on personal vehicles, with major highway access provided by the I-75/I-40 corridor.
Development is focused on infill residential projects and small-scale commercial expansion along major arterial roads.
The Knox County Property Assessor manages the appraisal process, conducting periodic reappraisals to ensure tax equity.
Parcels are subject to Knox County property taxes and may fall within specific utility districts for water and sewer services.
Property insurance premiums are influenced by regional weather patterns, with standard coverage available through major national carriers.
Data retrieved from data.census.gov using ZCTA 37837 profile.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Provides recreational space and playgrounds for local residents.
Extensive network of walking and biking trails connecting the area to broader regional paths.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.