Knoxville, TN Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Knoxville, TN offers balanced conditions for buyers.

  • Prices are essentially flat (1.0% YoY) — good negotiating leverage for buyers.
  • Price-to-rent ratio: 17.3 — buying and renting are roughly comparable.

Median Home Value

$355,438

ZHVI

Year-over-Year

+1%

Price change

5-Year Change

+56.2%

Since 2021

Median Rent

$1,716/mo

ZORI

Active Listings

4,140

For sale

State Avg

$327,696

Tennessee

Home Value Trends

5-year Zillow Home Value Index for Knoxville, TN vs. state and national averages.

Rent Data

Median Rent

$1,716/mo

Rent YoY Change

+0.8%

Rent vs. Buy Calculator

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.