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Featured local agent — Knoxville, IL
Sarah Mitchell
Compass Real Estate · Knoxville, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Knoxville, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$167,450median sale price
How is the Knoxville, IL housing market right now?
The median home sale price in Knoxville, IL is $167,450, down 6.2% year-over-year. Homes sell in an average of 42 days with 7 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Knoxville a buyer's or seller's market?
Knoxville, IL is currently a seller's market, based on 1.2 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
42
Average pace
Active listings
7
1.2 months supply
Sale-to-list
94.6%
Below asking
What does the Knoxville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $167,450 |
| Median list price | $220,000 |
| Year-over-year price change | -6.2% |
| Average days on market | 42 days |
| Active inventory | 7 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 94.6% |
| Median price per sq ft | $92/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 3 |
| Listings with a price cut | 14.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Knoxville by property type?
How the Knoxville, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $167,450 | $92/sq ft | 6 | 42 days |
Source: Redfin · Updated monthly
The Knoxville housing market is currently classified as a seller's market with a median sale price of $167,450. Prices have fallen 6.2% compared to last year, with homes spending an average of 42 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.1x provides context for how home values compare to local earning capacity.
Homes for sale in Knoxville
There are currently 7 homes listed for sale in Knoxville, Illinois. The median listing price is $220K.
Active listings
7
Homes on market
Median list price
$220K
Avg. days on market
42
Days until sale
New this week
3
Newly listed
Who lives in Knoxville?
Population
3,137
Median income
$80,385/yr
Median age
43.3 years
Owner-occupied
84.8%
College grads
24.1%
Avg commute
19.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Knoxville?
Zillow home value
$168,552
Price-to-income
2.1x
Source: Zillow Research
What is it like to live in Knoxville?
Knoxville is a community of approximately 3K residents with a median age of 43.3 years.The median household income is $80,385, which reflects a relatively affluent area with strong earning potential. 24.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 84.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Knoxville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Knoxville?
3 schools tracked · 924 students
The largest public schools serving Knoxville, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Mable Woolsey Elem School
Grades PK-4 · 392 students
Knoxville Sr High School
Grades 9-12 · 283 students
Knoxville Jr High School
Grades 5-8 · 249 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Knoxville, IL?
Want a head-to-head view? Compare Knoxville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Knoxville?
The median home sale price in Knoxville is $167,450, down 6.2% from last year.
How long do homes stay on market in Knoxville?
Homes typically spend 42 days on market before going under contract.
What is the median income in Knoxville?
The median household income is $80,385 per year.
Is Knoxville a buyer's or seller's market?
With 1.2 months of supply, Knoxville is currently a seller's market.
What is the Zillow home value estimate for Knoxville?
The Zillow Home Value Index (ZHVI) for Knoxville is $168,552, representing the typical home value in the area.
How much does a single-family home cost in Knoxville?
The median single-family home price in Knoxville, IL is $167,450 (about $92 per square foot).
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