HousingHandbookReference data

U.S. ZIP Code · TN37829

Morgan County · Knoxville, TN

Typical home value

$194,194[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.6%
5-year / yr
+4.2%
10-year / yr
+6.7%

Relative price

vs U.S.
-31.6%
vs metro
-39.9%
vs state
-26.6%
ZIP 37829 location in TN
Location of ZIP 37829 in TN

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 37829 is worth $194,194 — 39.9% below the Knoxville, TN median. Over the past year, values have risen 2.6%. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.5%[3]
Typical annual tax
$913[3]

#Climate risk

FEMA National Risk Index ratings for Morgan County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very Low[4]
Riverine flood
Very Low
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Very Low
Heat wave
Very Low
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
1,977[3]
Median household income
$90,691[3]

#Migration

Household moves in and out of Morgan County over a year, from IRS tax-return data.

Net migration
+166[5]
Moved in
624
Moved out
458

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
0
Middle
0
High
0
  • Oakdale School

    Other · Grades PK–12 · Morgan County

    444 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$982
Loan principal$155,355
Down payment$38,839
Total interest paid$198,147

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,220
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
0th percentile[1]
Rental yield
[2]
Property tax
64th percentile[3]

Frequently asked

How much is a home worth in ZIP code 37829?
The typical home in 37829 is worth $194,194, based on the Zillow Home Value Index.
Are home values rising in 37829?
Home values in 37829 are up 2.6% over the past year, and up 4.2% a year over five years.
What is the property tax rate in 37829?
The effective property tax rate in 37829 is 0.5% — roughly $913 a year on a typical home.
Who lives in 37829?
ZIP code 37829 has a population of 1,977 and a median household income of $90,691.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • TN

    Typical home
    $202,456
    Gross yield
  • Jellico, TN

    Typical home
    $182,158
    Gross yield
  • Knoxville, TN

    Typical home
    $206,739
    Gross yield
  • Sunbright, TN

    Typical home
    $206,778
    Gross yield
  • TN

    Typical home
    $210,989
    Gross yield
  • TN

    Typical home
    $217,422
    Gross yield

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