Is Knoxville, TN 37914 a buyer’s or seller’s market?
Knoxville is a seller’s market. With about 3.1 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 35% of U.S. ZIP codes, and #76 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Knoxville housing market right now
In the three months ending August 31, 2026, 18% of homes in Knoxville, TN 37914 sold above their list price, the typical home went under contract in 52 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 94 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold faster (59 days then) and the median sale price rose 2% to $282,653. Overall, Knoxville is more competitive than a year ago, so tougher for buyers.
Within Knox County, homes here sell faster than in 62% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Knoxville ranks #76 of 299 TN ZIP codes with enough sales (score 37 out of 100).
Nearby, buyers who want less competition could look at Knoxville 37916 (0% sold over asking) or Knoxville 37917 (9% sold over asking), while Corryton 37721 (37% sold over asking) and Knoxville 37909 (29% sold over asking) are even more competitive.
Run the numbers for 37914
Nearby markets
Corryton 37721Seller’s market $209 /sq ftKnoxville 37902Balanced $579 /sq ftKnoxville 37909Seller’s market $223 /sq ftKnoxville 37912Seller’s market $221 /sq ft Browse all markets →Towns like Knoxville nearby
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Questions about Knoxville real estate
Is Knoxville a buyer’s or seller’s market?
A seller’s market: there were 3.1 months of supply in Knoxville, TN 37914 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Knoxville?
The typical home went under contract in 52 days in the latest three months.
Do homes in Knoxville sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.
What are property taxes in Knoxville?
About 0.43% of a home’s value a year in Knox County, or roughly $1,720 on a $400,000 home.
What is the median home price in Knoxville?
The median sale price was $282,653 in the three months ending August 31, 2026, about $186 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology