(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.
Knoxville homes for sale offer diverse options, including historic properties full of character, modern downtown condos, brand-new construction, and luxury estates with scenic mountain views. Whether you’re searching for a starter home or a large family property, real estate for sale in Knoxville, TN provides one of the most versatile housing markets in Tennessee.
Yes, Knoxville is an excellent city to purchase real estate. Thanks to its thriving job market, affordable cost of living, and close proximity to the Smoky Mountains, Knoxville houses for sale attract families, retirees, and investors. The combination of urban conveniences and scenic surroundings makes Knoxville’s real estate market a valuable long-term choice.
The most effective way to discover houses for sale in Knoxville TN is by partnering with a knowledgeable local agent like Jennifer Scates who understands the area’s neighborhoods and market trends. An experienced Knoxville realtor can give you access to MLS listings, new construction options, and exclusive properties that aren’t always publicly available.
Popular neighborhoods in Knoxville, TN include Sequoyah Hills, Northshore, Farragut, and Bearden, each offering distinct real estate opportunities. From waterfront homes along the Tennessee River to family-oriented communities with highly rated schools and condos for sale Knoxville TN, these areas provide a wide range of options. Exploring these neighborhoods is one of the best ways to find the right home for sale in Knoxville.
Yes, Knoxville homes for sale are viewed as a strong investment due to the city’s consistent population growth, thriving economy, and high rental demand. Whether you’re buying a primary home, exploring land for sale Knoxville TN, investing in a vacation retreat, or securing an income-generating property, real estate in Knoxville, TN continues to demonstrate reliable long-term appreciation.
Contact Jennifer Scates to learn more about Knoxville homes for sale.
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