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Featured local agent — Knoxville, IA
Sarah Mitchell
Compass Real Estate · Knoxville, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Knoxville, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$214,000median sale price
How is the Knoxville, IA housing market right now?
The median home sale price in Knoxville, IA is $214,000, up 62.1% year-over-year. Homes sell in an average of 41 days with 23 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, IA is currently a seller's market, based on 2.3 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
41
Average pace
Active listings
23
2.3 months supply
Sale-to-list
97.1%
Below asking
What does the Knoxville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $214,000 |
| Median list price | $205,000 |
| Year-over-year price change | +62.1% |
| Average days on market | 41 days |
| Active inventory | 23 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 97.1% |
| Median price per sq ft | $157/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 11 |
| Listings with a price cut | 30.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Knoxville by property type?
How the Knoxville, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $214,000 | $157/sq ft | 10 | 41 days |
| Condo / Co-op | $230,000 | $210/sq ft | 1 | 63 days |
| Townhouse | $235,000 | $136/sq ft | 1 | 55 days |
Source: Redfin · Updated monthly
The Knoxville housing market is currently classified as a seller's market with a median sale price of $214,000. Prices have risen 62.1% compared to last year, with homes spending an average of 41 days on market, indicating 2.3 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 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Knoxville
There are currently 23 homes listed for sale in Knoxville, Iowa. The median listing price is $205K.
Active listings
23
Homes on market
Median list price
$205K
Avg. days on market
41
Days until sale
New this week
11
Newly listed
Who lives in Knoxville?
Population
7,493
Median income
$70,136/yr
Median age
42.2 years
Owner-occupied
74.3%
College grads
31.3%
Avg commute
21.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Knoxville?
Zillow home value
$212,296
Zillow rent index
$941/mo
Price-to-rent ratio
18.8x
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Knoxville?
Knoxville is a community of approximately 7K residents with a median age of 42.2 years.The median household income is $70,136, which represents a working-class community with solid middle-income opportunities. 31.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.5 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?
4 schools tracked · 1,659 students
The largest public schools serving Knoxville, IA 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.
Knoxville High School
Grades 9-12 · 503 students
West Elementary
Grades PK-2 · 490 students
Northstar Elementary School
Grades 3-5 · 342 students
Knoxville Middle School
Grades 6-8 · 324 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, IA?
Want a head-to-head view? Compare Knoxville side-by-side with any other U.S. city using our market-comparison tool.
Is Knoxville a good real estate investment market?
For investors evaluating Knoxville, the price-to-rent ratio of 18.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 62.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Knoxville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Knoxville's median home price.
Frequently asked questions
What is the average home price in Knoxville?
The median home sale price in Knoxville is $214,000, up 62.1% from last year.
How long do homes stay on market in Knoxville?
Homes typically spend 41 days on market before going under contract.
What is the median income in Knoxville?
The median household income is $70,136 per year.
Is Knoxville a buyer's or seller's market?
With 2.3 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 $212,296, representing the typical home value in the area.
What is the median condo price in Knoxville?
The median condo/co-op sale price in Knoxville, IA is $230,000, compared to $214,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Knoxville?
The median single-family home price in Knoxville, IA is $214,000 (about $157 per square foot).
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