Knoxville, TN Home Values & Market Trends

Real estate market trends reflect that there have been 6,140 transactions over the past year in Knoxville. The median value for residential home transactions that occurred over the previous year is $403,943. The number of current listings in Knoxville is 7,982, and the percentage of properties for sale in the city is 7982.00%. Knoxville, TN currently has 145 properties in foreclosure, 38 bank owned properties, 107 properties headed for auction, and 7,982 properties for sale.

Knoxville, TN Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
37918

$ 358,342

$ 223/sqft

37938

$ 416,103

$ 221/sqft

37920

$ 358,879

$ 244/sqft

37912

$ 303,204

$ 225/sqft

37931

$ 470,883

$ 220/sqft

37924

$ 375,000

$ 210/sqft

37922

$ 701,631

$ 257/sqft

37909

$ 438,242

$ 237/sqft

37932

$ 563,967

$ 228/sqft

37915

$ 253,401

$ 203/sqft

37919

$ 600,356

$ 276/sqft

37902

$ 684,351

$ 529/sqft

37917

$ 290,181

$ 239/sqft

37916

$ 356,758

$ 495/sqft

37921

$ 325,000

$ 226/sqft

37996

$ --

$ --

37914

$ 276,000

$ 212/sqft

37929

$ --

$ --

37923

$ 403,195

$ 220/sqft

37998

$ --

$ --

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Housing Market Summary for Knoxville, TN

Sep 2025September 2026Change
Median Listing Price$418.6K$411.7K-1.64%
Median Sold Price$377.8K$335.4K-11.23%
Homes For Sale4,7177,89167.29%
Homes Sold3,2661,594-51.19%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Knoxville, TN

Knoxville home values range from $21,056 to $24,526,984. The median estimated value of a home in Knoxville is $403,943. The median list price of a home is 412,097.463, and the total count of properties in the city is 9,762.

Foreclosure
There are 20 zips within Knoxville, TN; within these zips, the median estimated home value for homes in foreclosure ranges from $661,657 in 37923 to the lowest value of $81,629 in 37923. Foreclosure homes account for 1.00% of properties in Knoxville, TN with 37921 containing 21 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Knoxville, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 20 zips within Knoxville, TN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Knoxville, TN ranges from the highest value of $580,000 in 37931 to the lowest value of $88,017 in 37909. Bank owned homes and properties account for 0.39% of properties in Knoxville, TN. There are 20 zips within Knoxville, TN; 37918 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    37921 has 20 auction properties, the highest number of properties going to auction in a single zip in the state of Knoxville, TN. Auction homes and other auction properties account for 1.10% of all properties in Knoxville, TN. There are 20 zips within Knoxville, TN; of those zips, the median estimated home value for homes going to auction ranges from $387,348 in 37916 to the lowest value of $81,629 in 37916.
Homes for Sale
Homes and properties that are actively listed for sale account for 81.77% of residential properties in Knoxville, TN with 37918 containing 904 homes for sale, the highest number of listed properties in a single zip. There are 20 zips within Knoxville, TN; homes for sale in those zips, have a range of median values from $2,280,653 in 37902 to the lowest value of $46,000 in 37917.
    Sold Homes
    The median value for recently sold homes ranges from $1,522,276 in 37902 to the lowest price of $21,056 in 37902. There are 20 zips within Knoxville, TN. 37920 has 190 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 15.26% of properties in Knoxville, TN.

      Compare Nearby Cities

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      Guide for Knoxville, TN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.