Knox County, TN Home Values & Market Trends

The median home price in Knox County, TN is $352,421.57. There were 7,957 home sales in Knox County, TN over the past 12 months. The median residential Knox County, TN home value for transactions over the previous year is $344,739.469. The number of current listings in Knox County, TN is 1,091, and the percentage of properties for sale is 1091.00%. The county has 107 foreclosures, 9 bank owned properties, 98 headed for auction, and 1,091 properties for sale.

Knox County, TN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Knoxville

$ 385,000

$ 209/sqft

Mascot

$ 175,577

$ 128/sqft

Powell

$ 374,162

$ 205/sqft

Heiskell

$ 240,701

$ 173/sqft

Corryton

$ 326,692

$ 221/sqft

Farragut

$ 1,325,000

$ 373/sqft

Housing Market Summary for Knox County, TN

Mar 2023February 2024Change
Median Listing Price$386K$344.7K-10.69%
Median Sold Price$325K$344.7K6.08%
Homes For Sale7891,03931.69%
Homes Sold1,7503,22384.17%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Knox County, TN

Knox County, TN home values range from $19,840 to $38,073,484. Farragut is the priciest city with a median listing home price of $1,309,900, and Mascot is most affordable with average house prices of around $280,000.

Foreclosure
There are 6 cities within Knox County, TN; within these cities, the median estimated home value for homes in foreclosure ranges from $588,827 in Knoxville to the lowest value of $65,014 in Knoxville. Foreclosure homes account for 0.00% of properties in Knox County, TN with Knoxville containing 97 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Knox County, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Knox County, TN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Knox County, TN ranges from the highest value of $259,750 in Corryton to the lowest value of $65,014 in Knoxville. Bank owned homes and properties account for 0.01% of properties in Knox County, TN. There are 6 cities within Knox County, TN; Knoxville containing 8 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Knoxville has 89 auction properties, the highest number of properties going to auction in a single city in the state of Knox County, TN. Auction homes and other auction properties account for 0.06% of all properties in Knox County, TN. There are 6 cities within Knox County, TN; of those cities, the median estimated home value for homes going to auction ranges from $1,417,750 in Heiskell to the lowest value of $119,594 in Heiskell.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.66% of residential properties in Knox County, TN with Knoxville containing 989 homes for sale, the highest number of listed properties in a single city. There are 6 cities within Knox County, TN; homes for sale in those cities, have a range of median values from $1,325,000 in Farragut to the lowest value of $36,832 in Powell.
    Sold Homes
    The median value for recently sold homes ranges from $2,296,903 in Farragut to the lowest price of $21,578 in Farragut. There are 6 cities within Knox County, TN. Knoxville has 3362 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.22% of properties in Knox County, TN.

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      Guide for Knox County, TN

      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
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      Market Reports|posted 8 March 2024

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      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

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      Home Buying Guides & Tips|posted 6 June 2013

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