Knoxville - TN housing market

The typical home value ($367,915) is the Zillow Home Value Index for the Knoxville - TN metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 1.9% over the past year. In Knoxville - TN, that means a home worth $361,055 last year is now worth roughly $367,915.

The median sale price, what homes actually close for, is $366,043. Homes are selling at 97.9% of list price, meaning buyers have room to negotiate.

Homes listed in Knoxville - TN sit on the market for roughly 19 days before going pending. Shorter = seller's market; longer = buyer's market.

About 31.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,521 new listings hit the market each month in Knoxville - TN. There are currently 4,833 homes for sale, up 2.6% from a year ago.

The typical monthly rent in Knoxville - TN is $1,747, up 1.0% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 17.5x, toss-up (#89 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.71% 30-year rate, runs about $1,901 a month in principal and interest, $154 more than renting before taxes, insurance and upkeep. The two break even at a 5.91% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →