Knoxville housing market: home prices, trends and forecast
Knoxville home prices: In September 2026, the Zillow Home Value Index valued the typical home in Knoxville, Tennessee at $368,965. This was up 1.0% from a year earlier and the highest monthly value recorded.
- Typical value for a home
- $368,965September 2026, Zillow ZHVI
- Change over 12 months
- +1.0%. Change measured since September 2025.
Knoxville home prices since 2000
Knoxville is shown by the steel line, while the United States is shown by the grey line. Since January 2000, the typical Knoxville home rose in value from $113,569 to $368,965, a ×3.25 increase. Over the same months, the US increase was ×2.99. The boom reached its high in September 2007 at $165,798, then fell to its low in October 2012 at $144,934, a 12.6% decline.
Yearly median home price for Knoxville
Averaging the twelve monthly values gives each yearly figure; for 2026, the latest month is used.
| Year | Knoxville | Change on the year | United States |
|---|---|---|---|
| 2000 | $114,790 | $125,745 | |
| 2001 | $117,954 | +2.8% | $134,899 |
| 2002 | $121,712 | +3.2% | $144,276 |
| 2003 | $126,371 | +3.8% | $155,308 |
| 2004 | $134,279 | +6.3% | $169,891 |
| 2005 | $145,918 | +8.7% | $189,732 |
| 2006 | $157,470 | +7.9% | $206,531 |
| 2007 | $164,819 | +4.7% | $208,449 |
| 2008 | $161,275 | −2.2% | $195,574 |
| 2009 | $156,381 | −3.0% | $177,542 |
| 2010 | $153,263 | −2.0% | $171,462 |
| 2011 | $148,123 | −3.4% | $162,508 |
| 2012 | $145,195 | −2.0% | $161,137 |
| 2013 | $147,374 | +1.5% | $171,420 |
| 2014 | $151,884 | +3.1% | $182,996 |
| 2015 | $156,034 | +2.7% | $192,738 |
| 2016 | $162,946 | +4.4% | $204,509 |
| 2017 | $172,229 | +5.7% | $216,767 |
| 2018 | $184,998 | +7.4% | $230,541 |
| 2019 | $192,577 | +4.1% | $242,088 |
| 2020 | $209,413 | +8.7% | $257,151 |
| 2021 | $249,494 | +19.1% | $295,959 |
| 2022 | $304,413 | +22.0% | $340,014 |
| 2023 | $336,027 | +10.4% | $348,160 |
| 2024 | $361,906 | +7.7% | $359,751 |
| 2025 | $365,903 | +1.1% | $362,959 |
| September 2026 | $368,965 | +1.0% | $366,157 |
Current value of a Knoxville home bought in any year
This estimate uses an index for a typical home and is not an appraisal.
Twelve monthly index values are averaged to give each year's figure. The current value is September 2026. Additional tools: home appreciation calculator.
Are you thinking of selling? Use Realtor.com to compare local agents. Advertising disclosure: links on this site, including this one, may pay the site; no number ever changes because of that. Disclosure.
Knoxville housing market forecast
For the Knoxville, TN metro, Zillow's forecast puts the 12 months from September 2026 at +2.1%, and the next three months at +0.7%. With Knoxville's typical value at $368,965, the forecast puts it near $376,700 one year on.
This forecast restates Zillow's central estimate for the metro. The site does not publish a forecast of its own. Such a 12-month forecast usually differs from the realised change by several percentage points, either above or below. This is not investment advice.
All metro forecasts appear in a single table: housing market forecast.
Knoxville housing market crash risk score
57 of 100, on the high side
Using five conditions that were high before earlier price falls, the score ranks Knoxville among the 292 cities Each input receives a score from 0 to 100 after comparison with the other cities, and all five scores carry equal weight in the average. It shows current conditions; it does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +20.7% | 71 | 20% |
| Time on the market vs 2019 | 0% | 41 | 20% |
| Price-to-rent ratio | 18.1 | 50 | 20% |
| Price-to-income ratio | 6.4 | 76 | 20% |
| 12-month price change | +1.0% | 49 | 20% |
This is not investment advice. Input scoring details: methodology. Rankings for all 292 cities: crash risk by city.
Knoxville inventory and days on market
In September 2026 the Knoxville, TN metro recorded 3,749 homes for sale, +6.3% compared with a year earlier and +20.7% compared with the same month of 2019 Listings had a median sale time of 60 days (0% against 2019), while 25.4% had their price reduced.
| Knoxville, TN metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 3,749 | +6.3% |
| New listings | 1,396 | |
| Median days on market | 60 | −2.4% |
| Median list price | $447,000 | −0.7% |
| Share with a price cut | 25.4% |
Metro inventory from Realtor.com® Economic Research. Realtor.com data. For every metro: days on market by city.
Living costs and rent in Knoxville
The Zillow Observed Rent Index puts Knoxville's typical asking rent at $1,701 each month, up +0.6% over a year. At that rent level, a typical home costs 18.1 years of rent. Census ACS 2024 reports median household income of $57,298, which makes a typical home worth 6.4 times annual income. BEA gives the metro a price index of 92.6 compared with the US average of 100, and a housing cost index of 82.8.
Additional Tennessee housing markets
- Nashville market $425,889.
- Memphis market $151,794.
- Chattanooga market $314,999.
- Clarksville market $317,914.
- Murfreesboro market $424,348.
- Franklin market $913,277.
- Cleveland, Tennessee $308,369
Statewide overview: Tennessee housing market.
How to read the chart
The Zillow Home Value Index for Knoxville appears at each point. In dollars of the month, it gives the smoothed and seasonally adjusted value of a typical home in the market's middle third. On the slider, the hollow dot identifies the selected month, while the terracotta dot shows the latest month. The figures receive no inflation adjustment, and the index tracks the typical home instead of a specific house. Use the card above or the home appreciation calculator to determine one home's value based on its own sale price.