Market report · TN

Knoxville, TN

Balanced's market

Knoxville's market is in transition: +0.8% YoY, median DOM 18 days. Selective deals only.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$371k
Typical home value
↑12.2%
+0.8%
YoY change
$1,729
Median rent
↑6.5%
5.59%
Gross yield
18
Median DOM
65/100
MDR score
Detail Value Detail Value
Median list price $411,194 Median sale price $354,817
Sale-to-list ratio 0.986 % sold below list +61.6%
Active inventory 1,899 New listings 630
Trends · 36-month series

How Knoxville has moved.

Typical home value $331k → $371k · ↑12.2% (36mo)
$331k $344k $358k $371k May 23Nov 24Apr 26
Median rent (ZORI) $2k → $2k · ↑6.5% (36mo)
$2k $2k $2k $2k May 23Nov 24Apr 26
Median days on market 36d → 18d · ↓50.5% (36mo)
18d 24d 30d 36d Feb 26Mar 26Apr 26
Sale-to-list ratio 0.984 → 0.986 · ↑0.2% (36mo)
0.984 0.984 0.985 0.986 Jan 26Feb 26Mar 26

Knoxville sits at a median home value of $371,202 as of the latest Zillow read, essentially flat year-over-year, which historically is the most workable environment for disciplined wholesalers.

The sale-to-list ratio of 0.986 signals a balanced market — neither bid wars nor fire sales dominate. 61.6% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.

Rents are workable but not generous. ZORI of $1,729/mo against a $371k median gives a 5.59% gross yield — average for the metro tier, requiring tight underwriting on any hold.

Median days-on-market is running around 18 days against 1,899.333 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.

MDR’s composite investor score for Knoxville is 65/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Solid mid-tier. A disciplined operator can build a real book here; a tourist will get hurt.

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FAQ

Knoxville for investors.

Is Knoxville a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for Knoxville is 65/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Knoxville is a solid mid-tier market — workable for disciplined operators but not a top-of-list pick.

What is the median home price in Knoxville?

The typical home value in Knoxville as of the most recent Zillow read is $371,202. Median list price is $411,194 and median sale price is $354,817. Year-over-year change: +0.8%.

What can a landlord expect to rent a property for in Knoxville?

Zillow's Observed Rent Index for Knoxville is $1,729/mo. Against the typical home value of $371k, that produces a gross annual rent yield of 5.59% — right at the national baseline, requiring tight underwriting on holds.

Is Knoxville a buyer's or seller's market?

Knoxville's current sale-to-list ratio is 0.986 with 61.6% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 18 days. Active inventory: 1,899 listings.

Which investment strategy works best in Knoxville?

Knoxville's data favors a mixed approach — no single strategy dominates, so selective deal sourcing wins. See the per-strategy breakdowns at /wholesaling/knoxville, /brrrr/knoxville, and /flipping/knoxville.

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