Is Knoxville, TN 37918 a buyer’s or seller’s market?

The Knoxville housing market right now

In the three months ending August 31, 2026, 15% of homes in Knoxville, TN 37918 sold above their list price, the typical home went under contract in 57 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 174 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (16% then), homes sold more slowly (51 days then) and the median sale price fell 1% to $344,851. Overall, Knoxville is about as competitive as it was a year ago.

Within Knox County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell less often over asking than in 76%. On our competition score, Knoxville ranks #74 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.