The story of this market
The typical home in ZIP 37871 sells for about $210,700, or $143 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $758 a month.
ZIP 37871
The housing market in 37871 remains stable, characterized by high owner-occupancy and moderate price growth. Market activity is driven by local demand for affordable single-family homes, though inventory remains constrained. Figures for specific metrics like active listings and days on market are based on current regional trends as ZIP-level data is limited.
This ZIP is best suited for family buyers and commuters seeking a quiet, slower-paced environment with more affordable housing options compared to the Knoxville urban core.
Median prices moved up 3.2% year over year.
Homes spend a median of 65 days on market with 3.0 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.6% · poverty 8.3% — 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 5.1%/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 3.9%/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 37871, Tennessee
The area is served by the Knox County School District, which generally maintains a stable academic reputation within the broader Knoxville metropolitan region.
The area is subject to standard regional flood and wind risks common to East Tennessee; property insurance availability remains stable but premiums are sensitive to regional weather patterns.
Economic momentum is driven by proximity to the Knoxville employment core, with development primarily focused on residential expansion and supporting infrastructure along major transit arteries.
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).
The area is highly car-dependent with 93.5% of residents commuting by private vehicle; access to the Knoxville employment core is primarily via major highway arteries.
The area offers a quiet, rural-suburban atmosphere with limited immediate access to high-density shopping or nightlife, though it provides proximity to regional outdoor recreation in East Tennessee.
The rental market is characterized by lower-density housing stock with limited vacancy pressure and a modest presence of investor-owned single-family rentals.
The local economy is integrated into the broader Knoxville metropolitan area, with major employment sectors including healthcare, education, and regional logistics.
Transportation is dominated by private vehicle use with excellent access to major regional highways; public transit options are minimal.
Development is primarily focused on low-density residential infill and expansion of existing suburban housing stock.
Parcels are subject to standard county-level school and utility district assessments.
Property insurance market is stable, reflecting typical regional hazard profiles for East Tennessee.
Data retrieved from US Census Bureau American Community Survey 5-year estimates.
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. Source: NCES EDGE public school locations 2023-24.
Local community green space providing basic outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.