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APRIL2019 Knoxville Metro

National Home Values

Current: $226,800Monthly Change: -0.1%Quarterly Change: 0.4%Annual Change: 6.1%Negative Equity*: 8.2%

Knoxville Home Values

Current: $171,800Monthly Change: 0.1%Quarterly Change: 1.5%Annual Change: 7.1%Negative Equity*: 7.7%

Home Values Forecast

(next 12 months)

National: 2.8%Knoxville Metro: 4.2%

Major Cities - Home Values

KnoxvilleCurrent: $173,900Monthly Change: 0.1%Annual Change: 9.2%

MaryvilleCurrent: $185,300Monthly Change: 0.5%Annual Change: 5.3%

Oak RidgeCurrent: $137,000Monthly Change: -0.4%Annual Change: 1.1%

ClintonCurrent: $149,700Monthly Change: -0.5%Annual Change: -0.1%

Lenoir CityCurrent: $190,400Monthly Change: 0.4%Annual Change: 6.7%

Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community

City ZHVI Year-over-Year-5.0% -4.9% - -3.4% -3.3% - -3.0% -2.9% - -0.1% 0.8% - 3.2% 3.3% - 5.3% 5.4% - 7.9% 8.0% - 13.7% 13.8% - 20.4%

Home Values (ZHVI)Increasing Values: 72.9%Decreasing Values: 22.9%Fall From Peak: 0%Peak ZHVI Date: 2019-04Peak ZHVI: $171,800

RentZillow Rent Index: $1,168Monthly Change: 0.3%Annual Change: 2.4%

Rent List Price: $1,300Rent List/Sq. Ft.: $0.9

SalesMedian Sale Price: $–Monthly Change: –%Annual Change: –%

Sale Price/Sq. Ft.: $–Sale-to-list Price Ratio: –Sold for a Loss/Gain: –%/–%

ListingsMedian List Price: $239,900Monthly Change: 4.3%Annual Change: 2.1%

List Price/Sq. Ft.: $122Listings with Price Cut: 13.7%Amount of Price Cut: 2.6%

ForeclosuresHomes Foreclosed: –/10, 000Monthly Change: –Annual Change: –

Foreclosure Resales: –%Monthly Change: –ppAnnual Change: –pp

How do we track home values? Totrack home values, we use the ZillowHome Value Index (ZHVI). The ZHVI isthe mid-point of estimated home valuesfor the area. Half the estimated homevalues are above this number and halfare below.

* Negative equity data is from 2018Q2.

APRIL2019

*The top 20 largest cities and top 10 (or all) counties within the metro are listed. Additional counties, cities, neighborhoods and ZIP codes may be

available online at www.zillow.com/research/data by emailing press@zillow.com

Zillow Research:Zillow R© is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the placethey call home, and connecting them with the best local professionals who can help. In addition, Zillow operates an industry-leading economics andanalytics bureau led by Zillow’s Chief Economist Dr. Svenja Gudell. Dr. Gudell and her team of economists and data analysts produce extensive housingdata and research covering more than 450 markets at Zillow Real Estate Research. Zillow also sponsors the quarterly Zillow Home Price ExpectationsSurvey, which asks more than 100 leading economists, real estate experts and investment and market strategists to predict the path of the Zillow HomeValue Index over the next five years. Zillow also sponsors the bi-annual Zillow Housing Confidence Index (ZHCI) which measures consumer confidence inlocal housing markets, both currently and over time. Launched in 2006, Zillow is owned and operated by Zillow Group (NASDAQ: Z), andheadquartered in Seattle.

www.zillow.com/research/

Largest Cities Covered by Zillow

Hom

eValues-ZHVI($)

ZHVIMoM

(%)

ZHVIQoQ

(%)

ZHVIYoY

(%)

ZHVIPeak($)

PeakMon

th

Change

from

Peak(%

)

Rents-ZRI($)

ZRIMoM

(%)

ZRIQoQ

(%)

ZRIYoY

(%)

ForecastYoY

(%)

NegativeEquity(%

)

Alcoa 144,300 1 3.7 10.1 144,300 2019-04 0.0 995 1.1 2.6 4.8 7.3 4.8Clinton 149,700 -0.5 -0.3 -0.1 151,400 2018-07 -1.1 1,033 0.5 3.4 9 -0.8 8.3Corryton 169,700 0.3 2.3 11.6 169,700 2019-04 0.0 6.8 5.5Farragut 377,300 0.1 1.8 6.9 377,300 2019-04 0.0 2,131 0.5 1.7 3 4.1 4.1Friendsville 193,100 0.8 1.4 3 193,100 2019-04 0.0 1,170 0.2 1 -0.9 2 1.8Harriman 104,700 0.7 2 11.9 104,700 2019-04 0.0 889 1 2.7 7.6 8.9 16.7Jacksboro 141,800 -0.8 -1.3 3.2 143,800 2018-12 -1.4 0.2 8.3Kingston 174,200 0.6 1.9 9.7 174,200 2019-04 0.0 1,208 -0.4 -1.7 -4.8 7.4 12.9Knoxville 173,900 0.1 1.8 9.2 173,900 2019-04 0.0 1,147 0.2 0.5 4.4 5.4 6.9Lafollette 92,300 -0.4 -0.2 4.8 92,800 2019-02 -0.5 2.1 12.2Lenoir City 190,400 0.4 2.8 6.7 190,400 2019-04 0.0 4.8 6.0Loudon 246,500 0.1 2.9 7.3 246,500 2019-04 0.0 1,140 1.3 2.8 -0.3 4.8 3.9Louisville 218,200 0.4 1.1 2.2 218,900 2018-11 -0.3 1,156 0 1.2 -3.2 1 5.5Maryville 185,300 0.5 1.9 5.3 185,300 2019-04 0.0 1,208 0.2 0.7 0.2 3.7 7.5Maynardville 124,600 -0.1 0.5 6.4 124,700 2019-03 -0.1 3.2 7.8Oak Ridge 137,000 -0.4 0.4 1.1 137,500 2019-03 -0.4 1,011 0.8 2.5 4.9 0 10.0Oliver Springs 113,700 -0.3 -0.9 7.7 114,700 2019-01 -0.9 942 0.5 1.5 8.8 2.8 10.5Powell 185,100 -0.1 1.5 7.2 185,200 2019-03 -0.1 1,234 0.3 0.1 2.9 4.1 5.4Rockwood 98,600 -0.2 -1 7.8 99,600 2019-01 -1.0 873 0.8 1.6 5.6 3.9 19.4Wartburg 102,400 0.8 1 6.1 102,400 2019-04 0.0 3.5 13.5

Largest Counties Covered by Zillow

Hom

eValues-ZHVI($)

ZHVIMoM

(%)

ZHVIQoQ

(%)

ZHVIYoY

(%)

ZHVIPeak($)

PeakMon

th

Change

from

Peak(%

)

Rents-ZRI($)

ZRIMoM

(%)

ZRIQoQ

(%)

ZRIYoY

(%)

ForecastYoY

(%)

NegativeEquity(%

)

Anderson County 140,300 0.1 0.6 3.9 140,300 2019-04 0.0 988 0.4 2.4 6.6 1.8Blount County 185,100 0.5 1.8 5.2 185,100 2019-04 0.0 1,135 0.2 0.6 -1.5 3.5Campbell County 100,500 -0.4 -0.9 4 101,400 2019-01 -0.9 1.3Grainger County 114,300 -0.4 -4 -2.1 121,700 2018-10 -6.1 -4.9Knox County 186,200 0.2 1.6 9 186,200 2019-04 0.0 1,244 0.3 0.4 2 5.2Loudon County 206,800 0.8 4.1 8.2 206,800 2019-04 0.0 1,147 0.7 1.3 0.3 6.3Morgan County 94,000 -0.2 0.2 6.3 94,200 2019-03 -0.2 2.9Roane County 141,700 0.2 0.6 9.2 141,700 2019-04 0.0 995 0.8 1.5 6.1 6.3Union County 127,000 0 0.6 6.3 127,000 2019-04 0.0 3.4