Real Estate Investing in Knoxville, Tennessee (37914)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Knox County • Population: 20,917 • Data updated: September 2026

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Should you buy in 37914 (Knoxville, TN)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (67/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (52/100)

Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.6% vacancy may signal weakening demand.

What’s happening in Knoxville, TN (37914)?

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3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $256,507
Avg Monthly Rent $1,609
1% Rule ✗ Does Not Meet
Median Income $50,495
% Renters 32.9%

Market Analysis: 37914 Knoxville

This part of Knox County is not an easy win. The 37914 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 37914 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Within TN, ZIP 37914 trails on several market indicators that neighboring Knox County submarkets outperform. The gap is real and notable enough to shape underwriting.

Employment concentration in 37914 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

New investors are better served looking at Knoxville's stable or hybrid ZIPs before stepping into 37914. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Knoxville:

B Good
Buy Confidence Score: 73/100
Affordability
10/25
Appreciation
25/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.1× the median income
Value Trend
Rising (+3.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,609/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Knoxville, TN Metro Area
More inventory, negotiating room for buyers
54 days
Average time to sell
Average
11.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Knoxville, TN metro data
🏠

Property Strategy for 37914

Which property type performs best in this market?

Best for Cash Flow
2BR
5.2% cap rate
Best for Appreciation
2BR
+12.5% 5yr CAGR
Best Overall Value
5BR
$81,620/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $156,926 $1,070 4.9% $156,926
2BR $185,498 $1,330 5.2% +12.5% $92,749
3BR $270,247 $1,680 4.5% +12.1% $90,082
4BR $352,725 $1,960 4.0% +11.6% $88,181
5BR $408,099 +12.0% $81,620

Market Trends

Home Value History (with trend line)

$275K$232K$190K$147K$104K$62KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,734$1,680$1,626$1,573$1,519$1,466Mar 2025Nov 2025Jul 2026

📊 How Does 37914 Compare?

Metric 37914 Knoxville Knoxville, TN Tennessee
Home Value $256,507 $207,092 N/A $327,001
5-Year CAGR 8.8% 8.7% N/A 7.7%
Avg Rent $1,609 $1,756 N/A -
Cap Rate 4.9% 3.8% - -
💡 Why Invest in 37914? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 37914 (Knoxville, TN). Anonymous, moderated, never written by AI.

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Property managers serving Knox County

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
4.9%
Fair
5yr Growth
+8.8%
Strong

📉 Market Crash Risk Index

Based on Knoxville, TN metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
59%
Days Pending
1/2
54 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $256,507
Monthly Rent $1,609
Price-to-Rent 13.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.5%
Cap Rate 4.9%
5-Year IRR 13.7%

📈 Home Appreciation

1-Year +3.6% ▲
3-Year CAGR +4.1% ▲
5-Year CAGR +8.8% ▲
10-Year CAGR +10.7% ▲

🏠 Rent Trends

1-Year -5.3% ▼
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). 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.

Vacancy
9.6%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+8.8%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 37914

Population: 20,917

💰 Median Household Income
$50,495
This area
$50,495
State
$60,881
USA
$74,580
🏠 Renter Occupied
32.9%
This area
32.9%
State
25.6%
USA
34.0%
💼 Unemployment Rate
2.5%
This area
2.5%
State
-22.2%
USA
3.7%
🎓 College Educated
23.0%
This area
23.0%
State
-6.3%
USA
33.7%
👤 Median Age
41.3 years
This area
41.3 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
9.6%
This area
9.6%
State
15.4%
USA
10.5%
👥 Population by Ethnicity
White 56.9%
Black/African American 36.3%
Other/Mixed 6.3%
Hispanic/Latino 3.6%
Asian 0.6%
👶 Under 18
20.5%
This area
20.5%
USA
22.0%
👴 65 and Over
19.7%
This area
19.7%
USA
17.3%
📊 Poverty Rate
12.7%
This area
12.7%
USA
11.5%

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 37914

B Avg School Grade
6 Schools
15.2:1 Avg Class Size
$11,040 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Austin East High/Magnet

📚 09 – 12 High School
👥
666 Students
👨‍🏫
10.4:1 Class Size
💰
$11,040 Per Student
A Very Good

Sarah Moore Greene Magnet Technology Academy

📚 Pre-K – 05 Elementary
👥
481 Students
👨‍🏫
11.0:1 Class Size
💰
$11,040 Per Student
B+ Above Average

Spring Hill Elementary

📚 Pre-K – 05 Elementary
👥
433 Students
👨‍🏫
13.0:1 Class Size
💰
$11,040 Per Student
B Good

Chilhowee Intermediate

📚 03 – 05 Elementary
👥
234 Students
👨‍🏫
15.3:1 Class Size
💰
$11,040 Per Student
C+ Average

Career Magnet Academy

📚 09 – 12 High School
👥
347 Students
👨‍🏫
22.3:1 Class Size
💰
$11,040 Per Student
C Below Average

Fair Garden Family/Community Center

📚 Grade PK Elementary
👥
135 Students
👨‍🏫
19.3:1 Class Size
💰
$11,040 Per Student
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

7 Nearby 798 Off-Campus Students
C+
Johnson University
950 students · 4.0 mi
D
The University of Tennessee System Office
0 students · 6.8 mi
B+
The University of Tennessee-Knoxville
36,304 students · 7.3 mi
C+
Tennessee College of Applied Technology-Knoxville
1,206 students · 9.3 mi
C
South College
8,234 students · 9.9 mi
C
Tennessee School of Beauty of Knoxville Inc
337 students · 11.0 mi
D
Paul Mitchell the School-Knoxville
113 students · 15.0 mi

Investor Insight: With 798 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What kind of vacancy should I budget for in Knoxville, TN?

Occupancy in Knoxville, TN runs stable with elevated vacancy. Well-priced units at $1,609/mo lease on reasonable timelines.

Is Knoxville, TN suited for a house hack?

For house hackers, Knoxville, TN is a challenging. The $1,609/mo rent on a unit helps defray the mortgage on a $257K property.

Should investors consider Knoxville, TN?

With a 3.0/5 investability score, Knoxville, TN ranks as a solid market for rental property investors. Median prices of $257K and rents of $1,609/mo drive the underlying numbers.

Is rental property easy to operate in Knoxville, TN?

The landlord environment in Knoxville, TN is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

What are home prices like in Knoxville, TN?

The median home value in Knoxville, TN is roughly $257K. That puts it reasonable relative to the TN statewide average.

You know 37914 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 37914 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.

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How 37914 ranks in Knoxville, TN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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