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Knoxville, TN 37938 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: 0.16
ActiveActive listings: 3131PendingPending 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): $356k$356kSoldMedian sold price (last 6 months): $385k$385k
What homes actually sell for in Knoxville, TN
Distribution of 201 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $337k to $529k
$190k to $256k: 11 sales$190k$256k to $322k: 25 sales$322k to $388k: 56 sales56sales$322k$388k to $454k: 38 sales$454k to $521k: 10 sales$454k$521k to $587k: 9 sales$587k to $653k: 10 sales$587k$653k to $719k: 21 salesMedian $385k

What the numbers say

As of September 14, 2026, Resideline is tracking 31 active listings and 5 pending sales in ZIP code 37938. That pending-to-active ratio of 0.16 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $355,900, while the median of the 201 closed sales Resideline tracked over the last six months was $384,955. 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 62 days.

Frequently asked questions

What is the median home price in 37938?

The median closed sale price in Knoxville, TN 37938 was $384,955 over the last six months, based on 201 closed sales tracked by Resideline. The middle half of those sales ranged from $337,055 to $529,000.

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

Resideline is currently tracking 5 pending sales against 31 active listings in 37938, a pending-to-active ratio of 0.16. 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

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