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KNOXVILLE, TN 37938

Real Estate Market Report  ·  Knox County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The KNOXVILLE, TN real estate market (37938) currently shows 85 active listings, with 34 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 71 days on market compared to 63 days last year.

The median listing price has risen 1.1% year-over-year, from $465,000 to $469,900.

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: 17,366  ·  Density: 207.2/mi²  ·  Median household income: $81,140

Typical home value: $271,347  ·  Homeownership: 89.9%

Market Overview

Active Listings
85
⇩ 11.5% vs 96 last year
Pending
34
40% pending ratio
Median Price
$469,900
⇧ 1.1% vs $465,000 last year
Average Price
$492,107
⇩ 1.1% vs $497,392 last year
Days on Market
71
⇧ 12.7% vs 63 days last year

Price Per Square Foot

Median $/sqft
$206
⇩ 6.8% vs $221/sqft last year
Median Home Size
2,218 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 85 this year vs 96 last year
  • Days on market: 71 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $469,900 (+1.1% YoY)
  • Average: $492,107 (-1.1% 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 15.4 miles — 996 listings ($489,221,242 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37938Knoxville, TN 379380.0 mi85$42,022,640$477,925$494,384
37754Heiskell, TN 377545.3 mi11$5,673,635$467,500$515,785
37849Powell, TN 378497.6 mi137$61,066,928$394,475$445,744
37912Knoxville, TN 379128.5 mi79$25,296,116$308,725$320,204
37828Norris, TN 378288.9 mi7$2,959,600$442,400$422,800
37921Knoxville, TN 3792110.7 mi128$41,517,056$312,225$324,352
37807Maynardville, TN 3780711.2 mi32$20,006,912$382,450$625,216
37779Luttrell, TN 3777911.7 mi10$3,840,830$412,400$384,083
37806Mascot, TN 3780612.3 mi13$4,272,268$303,125$328,636
37716Clinton, TN 3771613.0 mi111$51,764,961$387,425$466,351
37769Rocky Top, TN 3776913.7 mi24$11,814,096$317,500$492,254
37919Knoxville, TN 3791915.0 mi111$103,602,960$769,000$933,360
37920Knoxville, TN 3792015.4 mi248$115,383,240$422,500$465,255

Frequently Asked Questions

How many homes are for sale in KNOXVILLE, TN 37938?

As of March 2026, there are 85 active listings in KNOXVILLE, TN (zip code 37938), compared to 96 the prior year.

What is the median home price in KNOXVILLE, TN 37938?

The median listing price in KNOXVILLE, TN 37938 is $469,900 as of March 2026, a 1.1% increase from $465,000 the prior year.

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

Homes in KNOXVILLE, TN 37938 spend an average of 71 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in KNOXVILLE, TN 37938?

Based on current inventory and days-on-market data as of March 2026, KNOXVILLE, TN 37938 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 71 days on market compared to 63 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 37938 save an estimated $9,398 compared to a typical 5% commission on the median listing price of $469,900. 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.