Knoxville, IA Housing Market & Real Estate

Buyer's market+35.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Knoxville, IA is $243,750, up 35.4% year-over-year. Homes sell in an average of 56 days with 22 active listings. The market is currently a buyer's market.

$243,750median sale price

Is Knoxville a buyer's or seller's market?

Buyer's market11.0 months of supply56 avg. days on market

Knoxville, IA is currently a buyer's market, based on 11.0 months of supply and homes selling in about 56 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

56

Average pace

Active listings

22

11.0 months supply

Sale-to-list

92.9%

Below asking

Knoxville, IA market data

Current housing market statistics for Knoxville, IA
MetricValue
Median sale price$243,750
Median list price$189,000
Year-over-year price change+35.4%
Average days on market56 days
Active inventory22 listings
Months of supply11.0 months
Sale-to-list price ratio92.9%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Knoxville housing market is currently classified as a buyer's market with a median sale price of $243,750. Prices have risen 35.4% compared to last year, with homes spending an average of 56 days on market, indicating 11.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Knoxville

There are currently 22 homes listed for sale in Knoxville, Iowa. The median listing price is $189K.

Active listings

22

Homes on market

Median list price

$189K

Avg. days on market

56

Days until sale

New this week

11

Newly listed

Price drops:31.8%of listings
Sale-to-list:92.9%

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Frequently asked questions

What is the average home price in Knoxville?

The median home sale price in Knoxville is $243,750, up 35.4% from last year.

How long do homes stay on market in Knoxville?

Homes typically spend 56 days on market before going under contract.

Is Knoxville a buyer's or seller's market?

With 11.0 months of supply, Knoxville is currently a buyer's market.

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