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38305 Zip Code Housing

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As of 2010-2014, median price of a house in 38305 Zip Code is $142,400, which is about the same as the state average of $139,900 and is lower than the national average of $175,700. The 38305 Zip Code median house value has grown by 39.06% since 2000. The growth rate for the price of a house in 38305 Zip Code is lower than the state average rate of 50.43% and is lower than the national average rate of 46.91%. The median year that a house in 38305 Zip Code was built is 1989, which is newer than the median year for a house built in the state which is 1981 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 12,854 Owner Occupied Houses in 38305 Zip Code, see rank

38305 Zip Code	142,400 USD
Tennessee	139,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

38305 Zip Code	39.06%
Tennessee	50.43%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	38305 Zip Code	Tennessee	U.S.
Total Housing Units	21,391, see rank, 100%	2,839,142	132,741,033
Occupied Housing Units	18,871, 88.22%, see rank	87.61%	87.55%
Owner Occupied	12,854, 60.09%, see rank	58.82%	56.34%
Renter Occupied	6,017, 28.13%, see rank	28.79%	31.21%
Vacant Housing Units	2,520, 11.78%, see rank	12.39%	12.45%
For Rent	933, 4.36%, see rank	2.61%	2.34%
For Sale Only	525, 2.45%, see rank	1.32%	1.20%
Rented or Sold, Not Occupied	435, 2.03%, see rank	1.07%	0.92%
For Seasonal, Recreational, or Occasional Use	200, 0.93%, see rank	2.44%	3.97%
For Migrant Workers	45, 0.21%, see rank	0.02%	0.03%
Other Vacant	382, 1.79%, see rank	4.93%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #120

38305 Zip Code	Tennessee	U.S.
1989	1981	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	38305 Zip Code	%	Tennessee	U.S.
Owner-Occupied Units	12,854	100%	1,669,953	74,787,460
With a Mortgage	8,907	69.29%, see rank	61.60%	65.58%
Without a Mortgage	3,947	30.71%, see rank	38.40%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

38305 Zip Code	1,275 USD
Tennessee	1,197 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	38305 Zip Code	%	Tennessee	U.S.
$299 or Less	0	0.00%, see rank	0.28%	0.20%
$300 to $499	111	1.25%, see rank	2.56%	1.59%
$500 to $699	345	3.87%, see rank	8.39%	5.01%
$700 to $999	1,784	20.03%, see rank	23.06%	14.32%
$1,000 to $1,499	3,385	38.00%, see rank	34.56%	27.90%
$1,500 to $1,999	1,759	19.75%, see rank	16.87%	20.35%
$2,000 to $2,999	974	10.94%, see rank	10.45%	19.52%
$3,000 or More	549	6.16%, see rank	3.83%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

38305 Zip Code	21.60% of the Total Income
Tennessee	22.70% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	38305 Zip Code	%	Tennessee	U.S.
10% or Less	532	5.97%, see rank	6.05%	5.86%
10% to 20%	3,310	37.16%, see rank	34.78%	31.95%
20% to 30%	2,664	29.91%, see rank	28.01%	27.64%
30% to 40%	783	8.79%, see rank	12.76%	13.74%
40% or More	1,569	17.62%, see rank	17.77%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

38305 Zip Code	455 USD
Tennessee	359 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	38305 Zip Code	%	Tennessee	U.S.
$199 or Less	131	3.32%, see rank	10.63%	7.76%
$200 to $299	501	12.69%, see rank	23.38%	14.70%
$300 to $499	1,841	46.64%, see rank	42.62%	34.63%
$500 to $699	887	22.47%, see rank	15.15%	21.16%
$700 or More	587	14.87%, see rank	8.22%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

38305 Zip Code	10.00% of the Total Income
Tennessee	11.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	38305 Zip Code	%	Tennessee	U.S.
10% or Less	2,029	51.41%, see rank	45.34%	40.19%
10% to 20%	1,122	28.43%, see rank	31.24%	31.47%
20% to 30%	450	11.40%, see rank	10.84%	12.24%
30% to 40%	177	4.48%, see rank	4.71%	5.64%
40% or More	165	4.18%, see rank	6.65%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	38305 Zip Code	Tennessee	U.S.
Total Housing Units	21,391, 100%	2,839,142	132,741,033
1-unit, Detached	15,610, 72.97%, see rank	68.74%	61.65%
1-unit, Attached	309, 1.44%, see rank	3.11%	5.82%
2 Units	988, 4.62%, see rank	3.00%	3.75%
3 or 4 Units	1,267, 5.92%, see rank	3.14%	4.43%
5 to 9 Units	1,432, 6.69%, see rank	4.62%	4.78%
10 or More Units	911, 4.26%, see rank	7.73%	13.08%
Mobile Home, Boat, RV, Van, etc.	874, 4.09%, see rank	9.67%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	38305 Zip Code	Tennessee	U.S.
Total Housing Units	21,391, 100%	2,839,142	132,741,033
1 Room	128, 0.60%, see rank	1.08%	1.95%
2 Rooms	175, 0.82%, see rank	1.43%	2.48%
3 Rooms	1,232, 5.76%, see rank	6.75%	9.13%
4 Rooms	2,387, 11.16%, see rank	16.35%	16.60%
5 Rooms	4,567, 21.35%, see rank	22.36%	20.41%
6 Rooms	4,039, 18.88%, see rank	19.26%	18.06%
7 Rooms	3,020, 14.12%, see rank	13.02%	12.27%
8 Rooms	2,252, 10.53%, see rank	8.63%	8.48%
9 Rooms or More	3,591, 16.79%, see rank	11.12%	10.60%
Median Rooms	6.00, see rank	5.60	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	38305 Zip Code	Tennessee	U.S.
Total Housing Units	21,391, 100%	2,839,142	132,741,033
No Bedroom	184, 0.86%, see rank	1.18%	2.17%
1 Bedroom	1,208, 5.65%, see rank	7.78%	11.16%
2 Bedrooms	3,951, 18.47%, see rank	26.67%	26.69%
3 Bedrooms	10,137, 47.39%, see rank	46.66%	39.70%
4 Bedrooms	4,674, 21.85%, see rank	14.27%	16.05%
5 or More Bedrooms	1,237, 5.78%, see rank	3.44%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	38305 Zip Code	Tennessee	U.S.
Total Housing Units	18,871, 100%	2,487,349	116,211,092
Utility Gas	9,986, 52.92%, see rank	33.15%	48.85%
Bottled, Tank, or LP Gas	413, 2.19%, see rank	4.33%	4.86%
Electricity	8,205, 43.48%, see rank	59.47%	36.68%
Fuel Oil, Kerosene, etc.	24, 0.13%, see rank	0.47%	5.86%
Coal or Coke	0, 0.00%, see rank	0.04%	0.12%
Wood	149, 0.79%, see rank	2.14%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	59, 0.31%, see rank	0.11%	0.47%
No Fuel Used	35, 0.19%, see rank	0.27%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	38305 Zip Code	Tennessee	U.S.
Occupied Units Paying Rent	5,804, 100%	747,962	39,201,928
$199 or Less	40, 0.69%, see rank	2.40%	1.50%
$200 to $299	287, 4.94%, see rank	4.03%	3.18%
$300 to $499	512, 8.82%, see rank	10.84%	7.37%
$500 to $699	839, 14.46%, see rank	24.36%	16.01%
$700 to $999	2,330, 40.14%, see rank	35.12%	29.17%
$1,000 to $1,499	1,366, 23.54%, see rank	18.39%	26.88%
$1,500 to $1,999	287, 4.94%, see rank	3.36%	9.79%
$2,000 or More	143, 2.46%, see rank	1.49%	6.10%
Median	$848, see rank	$757	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	38305 Zip Code	Tennessee	U.S.
Occupied Housing Units	18,871, 100%	2,487,349	116,211,092
No Vehicles Available	1,081, 5.73%, see rank	6.39%	9.12%
1 Vehicles Available	6,299, 33.38%, see rank	32.88%	33.80%
2 Vehicles Available	7,392, 39.17%, see rank	38.26%	37.48%
3 or More Vehicles Available	4,099, 21.72%, see rank	22.47%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.