Real Estate Investing in Knoxville, Tennessee (37912)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37912 (Knoxville, TN)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.5% vacancy may signal weakening demand.
What’s happening in Knoxville, TN (37912)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37912 Knoxville
ZIP 37912 in Knoxville, TN carries a notable set of headwinds. Home values near $292K and rents of $1,264/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $292K asset, 37912 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 37912 among TN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 37912 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 37912 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Knoxville:
Property Strategy for 37912
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $238,881 | $1,380 | 4.2% | +13.4% | $119,440 |
| 3BR | $296,925 | $1,750 | 4.2% | +11.8% | $98,975 |
| 4BR | $369,876 | $2,040 | 4.0% | +10.8% | $92,469 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37912 Compare?
| Metric | 37912 | Knoxville | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $292,137 | $207,092 | N/A | $327,001 |
| 5-Year CAGR | 8.7% | 8.7% | N/A | 7.7% |
| Avg Rent | $1,264 | $1,756 | N/A | - |
| Cap Rate | 3.4% | 3.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37912 (Knoxville, TN). Anonymous, moderated, never written by AI.
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Property managers serving Knox County
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📊 Market Snapshot
| Home Value | $292,137 |
| Monthly Rent | $1,264 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 12.0% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +8.7% ▲ |
| 10-Year CAGR | +9.8% ▲ |
🏠 Rent Trends
| 1-Year | -1.2% ▼ |
| 3-Year CAGR | -0.4% ▼ |
| 5-Year CAGR | +7.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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 37912
Population: 22,009
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 37912
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Pleasant Ridge Elementary
West View Elementary
Lonsdale Elementary
Maynard Elementary
Beaumont Elementary/Magnet
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
How strong are rents in Knoxville, TN?
Investors in Knoxville, TN typically see rents near $1,264/mo per month against $292K home values - a solid setup for rental cash flow.
What is the typical vacancy rate in Knoxville, TN?
Knoxville, TN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is Knoxville, TN a good market for buy-and-hold investors?
Our data puts Knoxville, TN at 3.0/5 for investability. Home prices of $292K and rents around $1,264/mo create a solid backdrop for investor activity.
How viable is house hacking in Knoxville, TN?
The house hack math a challenging in Knoxville, TN. Owner-occupant buyers benefit from the $1,264/mo rents and $292K home values.
Are tenants stable in Knoxville, TN?
Knoxville, TN draws a even-keeled base of working renters. Demand at the $1,264/mo rent level is reasonable for standard single-family and small multi rentals.
You know 37912 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37912 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 37912 ranks in Knoxville, TN
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