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Knoxville, TN 37923 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Knoxville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 3636PendingPending sales: 55
Knoxville, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $315k$315kSoldMedian sold price (last 6 months): $402k$402k
What homes actually sell for in Knoxville, TN
Distribution of 255 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $300k to $500k
$176k to $257k: 23 sales$176k$257k to $338k: 58 sales58sales$338k to $419k: 49 sales$338k$419k to $500k: 50 sales$500k to $581k: 17 sales$500k$581k to $663k: 12 sales$663k to $744k: 15 sales$663k$744k to $825k: 6 salesMedian $402k

What the numbers say

As of September 14, 2026, Resideline is tracking 36 active listings and 5 pending sales in ZIP code 37923. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $314,950, while the median of the 255 closed sales Resideline tracked over the last six months was $402,500. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 37923 for 60 days.

Frequently asked questions

What is the median home price in 37923?

The median closed sale price in Knoxville, TN 37923 was $402,500 over the last six months, based on 255 closed sales tracked by Resideline. The middle half of those sales ranged from $300,000 to $500,000.

Is 37923 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 36 active listings in 37923, a pending-to-active ratio of 0.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 37923 currently looks like a balanced market.

Nearby ZIP code market data

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