37917, Knoxville, TN

Knoxville, TN is located in the southeastern United States and has a population of over 229,000. The 37917 zip code covers a total area of just over 10 square miles and has a median home value of $135,000. Home equity in this zip code has grown steadily over the past few years, with values increasing by an average of 7% each year. This growth is likely due to the strong economy and low interest rates, as well as increased demand from buyers who are looking for good quality homes at reasonable prices.

The average home value in this zip code is significantly higher than the national average. This indicates that there is high demand for homes in this area, which should continue to be stable as long as the economy remains strong. Additionally, home prices are much lower than they were a few years ago thanks to aggressive marketing by local real estate agents and limited supply. As long as there are no major unforeseen events that affect the market, it seems likely that home values will continue to rise in this zip code over the next few years.