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Knoxville Market Report

$550,999

AVERAGE PRICE OF 1,476 HOMES

$305,550

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,778,743

AVERAGE PRICE OF 107 MULTI-MILLION DOLLAR HOMES

$574,409

AVERAGE PRICE OF 457 NEWLY BUILT HOMES

$1,091,071

AVERAGE PRICE OF 78 HOMES WITH A POOL

$539,488

AVERAGE PRICE OF 63 REDUCED PRICE HOMES

Average Home

Average Price $550,999
Avg Bedrooms 3.47 beds
Avg Bathrooms 2.89 baths

Average Price by Bedrooms

1 bedroom $332,950
2 bedrooms $273,758
3 bedrooms $423,419
4 bedrooms $632,758
5 bedrooms $952,957
Knoxville Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 1,448 1,407 1,329 1,299 1,253
Average Price $553,780 $535,099 $528,756 $517,518 $512,274
Avg Price Change +3.49% +1.20% +2.17% +1.02% +2.53%
Median Price $434,699 $428,086 $423,939 $417,168 $411,382
Med Price Change +1.54% +0.98% +1.62% +1.41% +3.21%
Avg Bedrooms 3.46 beds 3.45 beds 3.43 beds 3.42 beds 3.42 beds
Avg Bathrooms 2.88 baths 2.89 baths 2.87 baths 2.85 baths 2.86 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bearden 136 $762,084 84 days
Farragut 104 $929,289 71 days
Hardin Valley Academy 207 $545,569 64 days
Karns 113 $468,328 96 days
West 90 $843,365 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,476 $550,999 66 days
Distressed Homes 8 $305,550 42 days
Multi-Million Dollar Homes 107 $1,778,743 112 days
Newly Built Homes 457 $574,409 96 days
Homes with a Pool 78 $1,091,071 63 days
Reduced Price Homes 63 $539,488 34 days
Chevy Emert
308 N Peters Rd Ste 225
Knoxville, TN 37922
865-444-2400

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.
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