37921, Knoxville, TN

Knoxville, TN is a city located in the southeastern region of the United States. As of the 2010 census, the city had a population of 171,898. The 37921 zip code encompasses much of Knoxville and includes some suburban areas as well. The median home value in this zip code was $128,000 in 2016. This is a decrease from the median home value of $135,000 recorded in 2015.

The average home equity for homes located within this zip code was $71,500 as of 2016. This is an increase from the average home equity recorded at $68,500 in 2015. It is important to note that while there has been an increase in home equity values within this zip code over the past two years, there has also been a decrease in overall housing prices throughout Tennessee as a whole.

There are several factors that could be contributing to these changes within Knoxville and its surrounding areas. Some potential reasons include low unemployment rates and steady economic growth which could lead to more people purchasing homes or refinancing their current mortgages; Additionally, low interest rates have helped to spur increased borrowing activity among consumers which has subsequently led to increased demand for housing units and higher home values; Finally, there has been an influx of families moving into Knoxville from other parts of the country which may be contributing to rising prices by increasing demand for housing units and driving up prices across all sectors