Secondary metropolitan market · Tennessee · June 2026 data

Knoxville Real Estate Market

The Knoxville, TN housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Knoxville report in a click.

Median listing price
$462,450
▲ 0.5% YoY
Median $ / sq ft
$236
2,058 sq ft median
Median days on market
54
June 2026
Active listings
3,287
For sale now
New listings
1,490
June 2026
Listings with price cuts
23%
Share of active
Median sale price (closed)
$410,000
▲ 3.6% YoY · closed sales
Sale-to-list ratio
98.3%
Closed sales
Homes sold / month
1,253
Closed sales
Median listing price trend
$462K$458K$453K$449K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Knoxville TN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$475K$419K$362K$306K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Knoxville TN · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
3,287
New this month
1,490
Pending
2,148
Price-reduced
770

As of June 2026, the median home listed in Knoxville, TN asks $462,450 — up 0.5% from a year ago. Homes are taking a median of 54 days to go under contract, and 23% of the 3,287 active listings have taken a price cut, which points to a balanced market. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
41/100
#644 of 932 covered metros
12-month outlook
-2.0%
▼ Flat · model output, not advice
Price volatility
High
σ 6.8% · 20-yr price-index swings
Momentum
54
Value
19
Rental yield
41
Supply risk
69
Market heat
62

Knoxville scores 41/100 on our composite Investor Score (#644 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 73% over five years and +139% over ten, leaving prices 76% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,401/mo for a two-bedroom, the gross rental yield on the median listing is about 3.6%; active inventory sits at 108% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 0.5% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Knoxville ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$2,084/mo
−$237/mo vs today
At today's rate · 6.43%
$2,321/mo
National weekly average
If rates rise 1% · 7.43%
$2,569/mo
+$248/mo vs today

Principal & interest on the $462,450 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
7,830
▲ 11.8% vs 2024
8.5 per 1,000 residents
Net migration (2022–2023)
+8,774
▲ people, via tax-return records
net income flow +$543.2M/yr
Job growth (YoY)
+0.3%
▲ 458.2k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

Knoxville market news

Knoxville's housing market is experiencing growth in home prices and sales, alongside rising inventory. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Knoxville market FAQs

What is the median home price in Knoxville?
As of June 2026, the median listing price in Knoxville, TN is $462,450, up 0.5% year over year (source: public records and industry data).
How fast are homes selling in Knoxville?
The median property in Knoxville spends 54 days on the market, with 3,287 homes actively listed and 23% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Knoxville?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Knoxville and the wider Tennessee market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.