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Knoxville Market Report

$509,044

AVERAGE PRICE OF 1,316 HOMES

$274,078

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,637,677

AVERAGE PRICE OF 81 MULTI-MILLION DOLLAR HOMES

$588,376

AVERAGE PRICE OF 429 NEWLY BUILT HOMES

$1,019,950

AVERAGE PRICE OF 60 HOMES WITH A POOL

$481,772

AVERAGE PRICE OF 54 REDUCED PRICE HOMES

Average Home

Average Price $509,044
Avg Bedrooms 3.31 beds
Avg Bathrooms 2.6 baths

Average Price by Bedrooms

1 bedroom $188,500
2 bedrooms $238,567
3 bedrooms $355,370
4 bedrooms $500,266
5 bedrooms $639,265
Knoxville Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 1,277 1,450 1,687 1,800 1,860
Average Price $509,214 $496,534 $499,714 $495,353 $489,817
Avg Price Change +2.55% -0.64% +0.88% +1.13% +1.63%
Median Price $409,563 $396,806 $397,464 $398,014 $398,289
Med Price Change +3.21% -0.17% -0.14% -0.07% +0.45%
Avg Bedrooms 3.28 beds 3.26 beds 3.3 beds 3.29 beds 3.43 beds
Avg Bathrooms 2.6 baths 2.62 baths 2.67 baths 2.69 baths 2.74 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bearden 147 $631,075 92 days
Farragut 91 $862,570 96 days
Hardin Valley Academy 149 $582,693 80 days
Karns 100 $440,658 131 days
West 75 $728,344 90 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,316 $509,044 83 days
Distressed Homes 6 $274,078 43 days
Multi-Million Dollar Homes 81 $1,637,677 167 days
Newly Built Homes 429 $588,376 120 days
Homes with a Pool 60 $1,019,950 90 days
Reduced Price Homes 54 $481,772 26 days
United Real Estate Solutions Inc
308 N Peters Rd., Ste 225
Knoxville, TN 37922
865-282-4886

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2023. All rights reserved. This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2023 Great Smoky Mountains Association of REALTORS®. All rights reserved. Data last updated February 7, 2023
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