Real Estate Investing in Powell, Tennessee (37849)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37849 (Powell, TN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
No major risk flags on the data we track.
What’s happening in Powell, TN (37849)?
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Market Analysis: 37849 Powell
On balance, ZIP 37849 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $365K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 37849 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 37849 sits on the difficult end of the TN spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
The 37849 ZIP's population of 28,872 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Powell:
Property Strategy for 37849
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $244,586 | $1,330 | 3.9% | +11.7% | $122,293 |
| 3BR | $353,332 | $1,680 | 3.4% | +11.2% | $117,777 |
| 4BR | $429,521 | $1,960 | 3.3% | +10.5% | $107,380 |
| 5BR | $547,287 | — | — | +10.8% | $109,457 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37849 Compare?
| Metric | 37849 | Powell | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $364,539 | $364,539 | N/A | $327,001 |
| 5-Year CAGR | 8.5% | 8.5% | N/A | 7.7% |
| Avg Rent | $2,126 | $2,126 | N/A | - |
| Cap Rate | 4.6% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37849 (Powell, TN). Anonymous, moderated, never written by AI.
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Property managers serving Knox County
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📊 Market Snapshot
| Home Value | $364,539 |
| Monthly Rent | $2,126 |
| Price-to-Rent | 14.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 13.1% |
📈 Home Appreciation
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +8.5% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 Rent Trends
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 37849
Population: 28,872
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 37849
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,984 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What do landlords charge for rent in Powell, TN?
Expect rents around $2,126/mo per month in Powell, TN. With home values at $365K, the yield math works out to reasonable levels for rental investors.
What is the smart move for investors in Powell, TN?
Most investors in Powell, TN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How does Powell, TN rate as a rental market?
Powell, TN rates 3.0/5 for investability. With median values at $365K and rents near $2,126/mo, the market offers reasonable fundamentals for rental investors.
What is the average home sale price in Powell, TN?
Typical homes in Powell, TN go for around $365K. The 5-year CAGR of 0.0% consistent price movement.
How qualified is the tenant pool in Powell, TN?
Expect a solid tenant pool in Powell, TN. The rental market absorbs $2,126/mo rents without meaningful friction.
You know 37849 now. You don’t know where it ranks.
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How 37849 ranks in Knoxville, TN
Every ZIP in this metro, ranked. Free.
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