The Knoxville housing market is somewhat competitive. Homes in Knoxville receive 1 offers on average and sell in around 41 days. The median sale price of a home in Knoxville was $322K last month, up 9.1% since last year. The median sale price per square foot in Knoxville is $214, up 7.5% since last year.
What is the housing market like in Knoxville today?
In April 2024, Knoxville home prices were up 9.1% compared to last year, selling for a median price of $322K. On average, homes in Knoxville sell after 41 days on the market compared to 37 days last year. There were 284 homes sold in April this year, up from 261 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$321,950
+9.1% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Knoxville, TN
$321,950
+9.1%
United States
To compare other locations to the Knoxville and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Knoxville's median sale price is 26% lower than the national average. Overall cost of living in Knoxville is 13% lower than the national average. Learn which home features in Knoxville add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Knoxville housing market?
Knoxville is somewhat competitive. Homes sell in 43 days.
0
100
55
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 43 days.
Hot homes
can sell for about 1% above list price and go pending in around 27 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Knoxville
Explore recent offers and recently sold homes in Knoxville
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Knoxville housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Knoxville.
Risk Factor
Flood Factor - Severe
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Knoxville has a severe risk of flooding. 7,996 properties in Knoxville are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Knoxville. Flood risk is increasing slower than the national average.
32% of properties are at risk of wildfire over the next 30 years
Fire Factor
Knoxville has a moderate risk of wildfire. There are 24,313 properties in Knoxville that have some risk of being affected by wildfire over the next 30 years. This represents 32% of all properties in Knoxville.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Knoxville has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Knoxville is most at risk from hurricanes. 74,439 properties in Knoxville have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 50 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 54 mph.