Housing Insights for ZIP Code 38558 (Crossville, TN)

Housing Summary for ZIP Code 38558

Homeowners

The median home value in ZIP Code 38558 (Crossville, TN) is $217,700. Approximately 89.3% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 3.5%.

The average occupancy of owner-occupied units in ZIP Code 38558 is 1.93 occupants, while owner-occupied units have an aggregate average size of 2.84 bedrooms per housing unit.

Renters

In the 38558 ZIP Code, an estimated 10.7% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 9.9%.

Among renter-occupied units in this ZIP, the average occupancy is 2.18 occupants, while renters in this Cumberland County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 38558

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 38558.

ZIP 38558 Tennessee U.S.
Median Home Value $217,700 $325,404 $364,385
Owner-Occupied Housing Units 89.3% 66.3% 64.0%
Homeowner Vacancy Rate 3.5% 1.6% 1.6%
Average Size of Owner-Occupied Unit 1.93 2.58 2.70
Average # of Bedrooms Per Unit 2.84 2.81 2.75
Median Housing Rent $0 $869 $1,062
Renter-Occupied Housing Units 10.7% 33.7% 36.0%
Rental Vacancy Rate 9.9% 7.1% 6.0%
Average Size of Renter-Occupied Unit 2.18 2.42 2.49
Percent of Income Spent on Rent 0% 29.18% 29.83%

Home Values in ZIP Code 38558 (Crossville, TN)

The median home value in ZIP Code 38558 is $217,700. That median value is about 30% higher than the median home value of $167,200 in Tennessee overall, and is 0% higher than the $217,500 the median home value in the entire U.S. About 26.2% of homes in ZIP Code 38558 are valued $200,000 to $299,999. That is 36% higher than in the state of Tennessee, in which 19.3% of homes are valued at $200,000 to $299,999, and is about 34% higher than in the U.S. overall (19.6% of homes valued at $200,000 to $299,999). The home value range that the smallest portion of ZIP Code 38558 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 38558

This chart visualizes the breakdown of home values in ZIP Code 38558, Tennessee, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 38558 vs. home values in both the state of Tennessee and in the U.S. overall.

Home Values in ZIP Code 38558

See the table below for a regional comparison of home values in ZIP Code 38558.

Home Value ZIP 38558 Tennessee U.S.
Less than $50,000 2.1% 7.8% 6.9%
$50,000 to $99,999 5.7% 17.1% 12.0%
$100,000 to $149,999 14.6% 18.0% 13.3%
$150,000 to $199,999 21.6% 17.3% 14.0%
$200,000 to $299,999 26.2% 19.3% 19.6%
$300,000 to $499,999 23.9% 13.8% 19.3%
$500,000 to $999,999 5.9% 5.4% 11.4%
$1,000,000 or more 0.0% 1.2% 3.4%

Home Ages in ZIP Code 38558 (Crossville, TN)

Approximately 28.3% of homes in this Crossville, TN region were built in 1990 to 1999. This amount of homes built in 1990 to 1999 in ZIP Code 38558 is about 57% higher than percentage of homes built in this time period in Tennessee overall (18.0% of homes), and is 104% higher the percentage (13.9% of homes) in the U.S. as a whole. Additionally, an esimated 27.0% of local homes were built in 1980 to 1989. On the other end of the scale, just 0.0% of homes in this Cumberland County ZIP Code were built in 1939 or earlier in ZIP Code 38558. In comparison, 5.9% of homes in Tennessee overall were built in 1939 or earlier, while 12.6% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 38558

A detailed regional comparison of home ages in ZIP Code 38558.

Year Built ZIP 38558 Tennessee U.S.
2014 or later 3.3% 3.4% 2.5%
2010 to 2013 6.6% 3.3% 2.7%
2000 to 2009 24.5% 16.4% 14.0%
1990 to 1999 28.3% 18.0% 13.9%
1980 to 1989 27.0% 14.1% 13.4%
1970 to 1979 9.9% 15.4% 15.2%
1960 to 1969 0.2% 10.3% 10.6%
1950 to 1959 0.2% 8.7% 10.3%
1940 to 1949 0.0% 4.5% 4.9%
1939 or earlier 0.0% 5.9% 12.6%

Age of Homes in ZIP Code 38558

See the chart below for details on the age of homes in ZIP Code 38558, Tennessee, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 38558

Frequently asked questions about housing in this Crossville, TN ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 38558.

1

What is the average home value ZIP Code 38558?

The median home value in ZIP Code 38558 (Crossville, TN) is $217,700.
2

Are homes expensive in ZIP Code 38558?

The median home value in 38558 ($217,700) is an estimated 30% higher than the aggregate median value of $167,200 in Tennessee, and is 0% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 38558?

The vacacy rate for owner-occupied housing in ZIP Code 38558 is 3.5%. This rate is 119% higher than the overall Tennessee owner-occupied vacancy rate of 1.6%. Additionally, the 38558 vacancy rate is 119% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 38558 have older homes or newer construction?

In ZIP Code 38558, about 28.3% of homes were built in 1990 to 1999. That time range includes the most home construction. Also, 27.0% of homes in the region were built in 1980 to 1989. In contrast, 0.0% of homes in 38558 were built in 1939 or earlier.
5

What is the housing breakdown in ZIP Code 38558? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 38558 than renter-occupied housing. Owner-occupied units make up 89.3% of housing, compared to 10.7% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 38558?

The vacacy rate for rental units in ZIP Code 38558 is 9.9%. This rate is 39% higher than the overall Tennessee vacancy rate of 7.1%. Additionally, the 38558 vacancy rate is 65% higher than the entire U.S. vacancy rate of 6.0%.