Brokers — List your Company Here
Featured local agent — Knoxville, TN
Sarah Mitchell
Compass Real Estate · Knoxville, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Knoxville, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$315,000median sale price
How is the Knoxville, TN housing market right now?
The median home sale price in Knoxville, TN is $315,000, down 3.0% year-over-year. Homes sell in an average of 49 days with 934 active listings. The market is currently a balanced 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, TN is currently a balanced market, based on 4.1 months of supply and homes selling in about 49 days. How we determine this →
Homes sold
229
Last 12 weeks
Days on market
49
Average pace
Active listings
934
4.1 months supply
Sale-to-list
98.4%
Below asking
What does the Knoxville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $315,000 |
| Median list price | $361,250 |
| Year-over-year price change | -3.0% |
| Average days on market | 49 days |
| Active inventory | 934 listings |
| Months of supply | 4.1 months |
| Sale-to-list price ratio | 98.4% |
| Median price per sq ft | $231/sq ft |
| Homes sold (latest month) | 229 |
| New listings (latest month) | 314 |
| Listings with a price cut | 29.2% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Knoxville by property type?
How the Knoxville, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $314,900 | $227/sq ft | 192 | 47 days |
| Condo / Co-op | $317,000 | $245/sq ft | 26 | 82 days |
| Townhouse | $354,900 | $318/sq ft | 11 | 99 days |
Source: Redfin · Updated monthly
The Knoxville housing market is currently classified as a balanced market with a median sale price of $315,000. Prices have fallen 3.0% compared to last year, with homes spending an average of 49 days on market, indicating 4.1 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 7.4x provides context for how home values compare to local earning capacity.
Homes for sale in Knoxville
There are currently 934 homes listed for sale in Knoxville, Tennessee. The median listing price is $361K.
Active listings
934
Homes on market
Median list price
$361K
Avg. days on market
49
Days until sale
New this week
314
Newly listed
Who lives in Knoxville?
Population
193,721
Median income
$50,994/yr
Median age
33.3 years
Owner-occupied
46.6%
College grads
33.7%
Avg commute
20.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Knoxville?
Zillow home value
$376,648
Zillow rent index
$1,735/mo
Price-to-rent ratio
18.1x
Price-to-income
7.4x
Source: Zillow Research
What is it like to live in Knoxville?
Knoxville is a community of approximately 194K residents with a median age of 33.3 years.The median household income is $50,994, which represents a working-class community with solid middle-income opportunities. 33.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 46.6%, showing a blend of owner and renter-occupied properties. The average commute time is 20.4 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?
50 schools tracked · 46,178 students
The largest public schools serving Knoxville, TN 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.
Farragut High School
Grades 9-12 · 2,091 students
Hardin Valley Academy
Grades 9-12 · 2,043 students
Bearden High School
Grades 9-12 · 2,008 students
Tennessee Virtual Academy
Grades K-6 · 1,947 students
West High School
Grades 9-12 · 1,509 students
Farragut Middle School
Grades 6-8 · 1,400 students
Karns High School
Grades 9-12 · 1,341 students
Central High School
Grades 9-12 · 1,296 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, TN?
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 18.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 3.0% year-over-year, potentially creating entry opportunities for strategic buyers.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 $315,000, down 3.0% from last year.
How long do homes stay on market in Knoxville?
Homes typically spend 49 days on market before going under contract.
What is the median income in Knoxville?
The median household income is $50,994 per year.
Is Knoxville a buyer's or seller's market?
With 4.1 months of supply, Knoxville is currently a balanced market.
What is the Zillow home value estimate for Knoxville?
The Zillow Home Value Index (ZHVI) for Knoxville is $376,648, 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, TN is $317,000, compared to $314,900 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, TN is $314,900 (about $227 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Knoxville, TN
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Knoxville market alerts
Weekly updates on prices, inventory, and trends. Free forever.