Is Knoxville, TN 37924 a buyer’s or seller’s market?

The Knoxville housing market right now

In the three months ending August 31, 2026, 19% of homes in Knoxville, TN 37924 sold above their list price, the typical home went under contract in 49 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 97 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 28%, homes sold more slowly (46 days then) and the median sale price held steady to $363,843. Overall, Knoxville is less competitive than a year ago, which gives buyers more room.

Within Knox County, homes here sell faster than in 76% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Knoxville ranks #29 of 299 TN ZIP codes with enough sales (score 47 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.