Aug 2026
$325K
+0.9% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Knoxville, TN
Daily-refreshed real estate signals + Three-Opinion home-price methodology for Knoxville, TN. Built for agents; free to read.
Knoxville, TN’s median sale price is $325K as of Aug 2026 — +0.9% year over year. Pecan Street tracks Knoxville with its Three-Opinion home-price methodology (Redfin, FHFA HPI, and Zillow ZHVI), with no market signals flagged right now.
Headline
Sep 18, 2026
7.04%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,736/mo
$74K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Knoxville compares to other U.S. metros
| Price cuts | ↑22nd of 194 (top 12%) |
|---|---|
| Home-price growth | ↓116th of 195 |
| Days on market | 82nd of 194 (top 43%) |
| Price-to-rent | 104th of 195 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 15 +7.7% YoY 104th of 195 |
|---|---|
| Asking price / sq ft | $234 +0.7% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 48% -3.6 pts YoY ↑22nd of 194 (top 12%) |
|---|---|
| New housing units permitted | 977 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Aug 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Jul 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 70 |
|---|---|
| MLS board of record | Knoxville Area Association of REALTORS |
| Price methodology | Three-Opinion · Redfin · FHFA HPI · Zillow ZHVI |
| Data as of | Aug 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
amber · 3.0ppRedfin (city) +0.9% | FHFA HPI · Q2 2026 +3.9% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in TN
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 37774 | $730K↑ | 164↓ | 60↓ | 84↓ | 56↓ | $502K↓ |
| 37801 | $495K↑ | 114↑ | 44↑ | 52↑ | 59↑ | $404K↑ |
| 37803 | $499K↑ | 116↑ | 56↓ | 64↓ | 46↓ | $415K↑ |
| 37830 | $399K↓ | 114↑ | 52↑ | 44↓ | 53↑ | $327K↑ |
| 37917 | $321K↑ | 136↑ | 48↓ | 68↓ | 73↑ | $252K↓ |
| 37918 | $390K↑ | 169↑ | 76↑ | 92↓ | 50↓ | $333K↑ |
| 37919 | $600K↓ | 109↑ | 40↑ | 64↑ | 62↓ | $552K↑ |
| 37920 | $385K↓ | 210↑ | 76↑ | 116↑ | 62↑ | $322K↑ |
| 37922 | $771K↓ | 152↑ | 56↑ | 72↑ | 54↓ | $644K↑ |
| 37931 | $467K↓ | 117↓ | 48↑ | 48↓ | 53↓ | $436K↑ |
| 37932 | $635K↑ | 124↓ | 76↑ | 56↑ | 53↑ | $536K↑ |
| 37934 | $785K↑ | 122↑ | 48 | 52↓ | 60↑ | $655K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.