Housing in Knoxville, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$314,900

Median List Price

$289,900

Price Per Sq Ft

$223

Days on Market

70

Active Inventory

746

Months of Supply

4.5

Balanced market

Zillow Home Value

$360,650

ZHVI — January 2026

Zillow Rent Index

$1,742

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 5.0%List Price 8.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

13.4%

Off Market in 2 Weeks

32.3%

Sale-to-List Ratio

97.0%

Buyer's market

Sold Above Asking
13.4%
Under Contract in 2 Wks
32.3%
Listings with Price Drops
24.9%

Market Activity

Source: Redfin

Homes Sold

164

New Listings

516

Pending Sales

260

Homes Sold 34.4%New Listings 83.6%Pending 26.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$223

Median List $/SF

$193

Sale $/SF 7.2%List $/SF 8.5%Mar 24Jan 26

Knoxville vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Knoxville is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$214,000

Median Rent

$1,116

Total Housing Units

94,885

Vacancy Rate

10.5%

Owner Occupied

46.6%

Renter Occupied

53.4%

Median Property Tax

$1,443

per year

Monthly Cost (w/ Mortgage)

$1,010

Housing Types

Single Family
57.4%
Multi-Family
41.3%
Mobile Home
1.4%

The current median sale price in Knoxville, TN is $314,900 according to Redfin data. Homes spend a median of 70 days on the market. 13.4% of homes sold above asking price. The market has 4.5 months of supply. The median price per square foot is $223. Zillow's observed rent index is $1,742/month. About 46.6% of housing units are owner-occupied. The median year homes were built is 1974. There are 94,885 total housing units.