Knoxville Zip Code Snapshot: 37918
Welcome back to a semi-regular series here on AAKT that I like to call Zip Code Snapshot. The idea in a nutshell is to follow the listings and sales in different Knox County zip codes in order to give folks a bigger picture view of what’s going on in the Knoxville housing market.
And I honestly would have gotten this installment of the series to you sooner, but I was kind of busy listing and selling houses in the latest featured zip code: 37918.
37918 is located in North Knoxville and is home to the fine community of Fountain City, as well as a small part of Halls, a piece of Powell, and many other small surrounding neighborhoods and subdivisions. Like previous zip 37919, 37918 is fairly diverse and you can find homes priced anywhere from $80,000 to right around $1,000,000.
The area has many older neighborhoods, like Harrill Hills, Villa Gardens, and Adair Gardens, as well as newer neighborhoods like Sterchi Hills, Beverly Oaks, Summer Rose, and Shannon Valley Farms.
Here’s a quick snapshot of what’s going on in Knoxville, TN, 37918.
Current Active Listings – 371
Average Sq Footage: 2024
Average List Price: $196,593
Median List Price: $165,000
Most Expensive: $1,250,000 (7 BR, 5 full BA, 2 half BA, 7000+ sq ft in Halls)
Least Expensive: $24,500 (2 BR, 1 BA, 700+ sq ft on south edge of Fountain City)
2008 Total Closed Sales – 538
Average Sq Footage: 1835
Average List Price: $164,881
Average Sales Price: $159,283
Median Sales Price: $143,250
Average Days on Market: 97
2007 Total Closed Sales – 679
Average Sq Footage: 1855
Average List Price: $173,918
Average Sales Price: $171,110
Median Sales Price: $159,900
Average Days on Market: 88
*Data taken from KAARMLS on 06/03/09 and does not include condos, PUDS, or multi-family units.
Since this is a (fairly) new series, I’d love to hear any feedback or suggestions you have for making it better. Either leave it in the comments or you can always give me a shout.
Author: Suzy
Hard working Knoxville real estate agent by day. Intrepid Knoxville real estate blogger by night.
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