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Knoxville, TN 37931 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: 0.29
ActiveActive listings: 4141PendingPending sales: 1212
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): $525k$525kSoldMedian sold price (last 6 months): $424k$424k
What homes actually sell for in Knoxville, TN
Distribution of 429 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $330k to $500k
$253k to $304k: 26 sales$253k$304k to $355k: 78 sales78sales$355k to $406k: 65 sales$355k$406k to $456k: 64 sales$456k to $507k: 74 sales$456k$507k to $558k: 46 sales$558k to $609k: 22 sales$558k$609k to $660k: 11 salesMedian $424k

What the numbers say

As of September 14, 2026, Resideline is tracking 41 active listings and 12 pending sales in ZIP code 37931. That pending-to-active ratio of 0.29 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $524,900, while the median of the 429 closed sales Resideline tracked over the last six months was $424,500. 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 37931 for 58 days.

Frequently asked questions

What is the median home price in 37931?

The median closed sale price in Knoxville, TN 37931 was $424,500 over the last six months, based on 429 closed sales tracked by Resideline. The middle half of those sales ranged from $329,900 to $500,000.

Is 37931 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 41 active listings in 37931, a pending-to-active ratio of 0.29. 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, 37931 currently looks like a balanced market.

Nearby ZIP code market data

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