Is Knoxville, TN 37915 a buyer’s or seller’s market?

The Knoxville housing market right now

In the three months ending August 31, 2026, 22% of homes in Knoxville, TN 37915 sold above their list price, the typical home went under contract in 58 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold more slowly (34 days then) and the median sale price rose 14% to $399,827. Overall, Knoxville is less competitive than a year ago, which gives buyers more room.

Within Knox County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell more often over asking than in 62%.

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.