Is Knoxville, TN 37922 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 37922 sold above their list price, the typical home went under contract in 56 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 175 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold about as fast and the median sale price rose 10% to $734,682. Overall, Knoxville is more competitive than a year ago, so tougher for buyers.

Within Knox County, homes here sell more slowly than in 52% of the county’s ZIP codes, and sell more often over asking than in 52%. On our competition score, Knoxville ranks #35 of 299 TN ZIP codes with enough sales (score 46 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.