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All market snapshots / 37938

Knoxville, TN 37938 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Knoxville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 3636PendingPending sales: 33
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): $476k$476kSoldMedian sold price (last 6 months): $389k$389k
What homes actually sell for in Knoxville, TN
Distribution of 202 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $342k to $500k
$187k to $253k: 12 sales$187k$253k to $320k: 23 sales$320k to $387k: 54 sales54sales$320k$387k to $453k: 44 sales$453k to $520k: 10 sales$453k$520k to $587k: 9 sales$587k to $653k: 11 sales$587k$653k to $720k: 18 salesMedian $389k

What the numbers say

As of October 5, 2026, Resideline is tracking 36 active listings and 3 pending sales in ZIP code 37938. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $475,575, while the median of the 202 closed sales Resideline tracked over the last six months was $389,000. 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 37938 for 72 days.

Frequently asked questions

What is the median home price in 37938?

The median closed sale price in Knoxville, TN 37938 was $389,000 over the last six months, based on 202 closed sales tracked by Resideline. The middle half of those sales ranged from $342,000 to $500,000.

Is 37938 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 36 active listings in 37938, a pending-to-active ratio of 0.08. 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, 37938 currently looks like a balanced market.

Nearby ZIP code market data

Full Knoxville, TN housing market report →

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