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Fort Sanders (The Fort) South Knoxville University of Tennessee

KNOXVILLE, TN 37916

Real Estate Market Report
Buyer's Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 37916

Fort Sanders (The Fort) · South Knoxville · University of Tennessee

Market Analysis

Data as of April 2026. Source: Realtor.com.

The KNOXVILLE, TN real estate market (37916) currently shows 24 active listings, with 7 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 44 days on market compared to 26 days last year.

The median listing price has fallen 43.7% year-over-year, from $489,500 to $275,750.

Whether you are buying or selling in KNOXVILLE, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 14,864  ·  Density: 4,072.9/mi²  ·  Median household income: $18,586

Typical home value: $0  ·  Homeownership: 2.9%

Market Overview

Active Listings
24
⇧ 140% vs 10 last year
Pending
7
29% pending ratio
Median Price
$275,750
⇩ 43.7% vs $489,500 last year
Average Price
$367,683
⇩ 23.3% vs $479,467 last year
Days on Market
44
⇧ 69.2% vs 26 days last year

Price Per Square Foot

Median $/sqft
$472
⇧ 6.1% vs $445/sqft last year
Median Home Size
684 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 10 last year
  • Days on market: 44 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $275,750 (-43.7% YoY)
  • Average: $367,683 (-23.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.8 miles — 1,253 listings ($670,404,259 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37916Knoxville, TN 379160.0 mi18$6,941,196$368,000$385,622
37915Knoxville, TN 379152.2 mi29$26,012,246$787,725$896,974
37921Knoxville, TN 379214.1 mi128$41,517,056$312,225$324,352
37912Knoxville, TN 379124.8 mi79$25,296,116$308,725$320,204
37920Knoxville, TN 379205.1 mi248$115,383,240$422,500$465,255
37914Knoxville, TN 379147.7 mi107$34,404,459$312,500$321,537
37923Knoxville, TN 379238.4 mi90$42,700,140$434,450$474,446
37849Powell, TN 378499.5 mi137$61,066,928$394,475$445,744
37777Louisville, TN 3777710.9 mi40$54,795,320$1,015,000$1,369,883
37804Maryville, TN 3780411.3 mi128$64,120,832$410,475$500,944
37938Knoxville, TN 3793811.9 mi85$42,022,640$477,925$494,384
37754Heiskell, TN 3775413.5 mi11$5,673,635$467,500$515,785
37934Farragut, TN 3793414.8 mi153$150,470,451$777,400$983,467

Frequently Asked Questions

How many homes are for sale in KNOXVILLE, TN 37916?

As of April 2026, there are 24 active listings in KNOXVILLE, TN (zip code 37916), compared to 10 the prior year.

What is the median home price in KNOXVILLE, TN 37916?

The median listing price in KNOXVILLE, TN 37916 is $275,750 as of April 2026, a 43.7% decrease from $489,500 the prior year.

How long do homes stay on the market in KNOXVILLE, TN?

Homes in KNOXVILLE, TN 37916 spend an average of 44 days on the market before going under contract, compared to 26 days the prior year.

Is it a seller's or buyer's market in KNOXVILLE, TN 37916?

Based on current inventory and days-on-market data as of April 2026, KNOXVILLE, TN 37916 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 44 days on market compared to 26 days last year.

How much can I save on real estate commission in KNOXVILLE, TN?

With SELL123.com's maximum 3% commission, sellers in KNOXVILLE, TN 37916 save an estimated $5,515 compared to a typical 5% commission on the median listing price of $275,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.