(courtesy of Redfin)
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
Sale-to-List Price
Homes Sold Above List Price
In May 2025, the median home price for Knoxville homes for sale was $323K, reflecting a 2.0% decrease compared to the same month last year. Knoxville homes for sale typically sold after 45 days on the market, slightly longer than the 42-day average in May 2024. A total of 265 homes were sold this May, down from 313 sales a year earlier.
The Knoxville housing market is moderately competitive, with Knoxville houses for sale typically receiving an average of two offers and selling in about 45 days. Last month, the median sale price for Knoxville houses for sale was $323K, marking a 2.0% decline from the previous year. However, the median price per square foot rose to $233, reflecting a 1.1% increase year-over-year.
Across the nation, 0.64% of homebuyers searched to move into houses for sale in Knoxville TN from outside metros, with the highest interest coming from Los Angeles, followed by Chicago and Atlanta. Meanwhile, 50% of homebuyers searching for houses for sale in Knoxville TN looked to stay within the Knoxville metropolitan area. Among those considering a move away, San Francisco was the top destination, followed by Memphis and Nashville.
Contact Jennifer Scates to learn more about Knoxville homes for sale.
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