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Knoxville, TN 37938 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Knoxville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 3939PendingPending sales: 44
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): $460k$460kSoldMedian sold price (last 6 months): $383k$383k
What homes actually sell for in Knoxville, TN
Distribution of 200 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $337k to $529k
$190k to $257k: 15 sales$190k$257k to $324k: 24 sales$324k to $390k: 62 sales62sales$324k$390k to $457k: 32 sales$457k to $524k: 6 sales$457k$524k to $590k: 10 sales$590k to $657k: 11 sales$590k$657k to $724k: 20 salesMedian $383k

What the numbers say

As of October 26, 2026, Resideline is tracking 39 active listings and 4 pending sales in ZIP code 37938. That pending-to-active ratio of 0.10 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $459,900, while the median of the 200 closed sales Resideline tracked over the last six months was $383,000. 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 86 days.

Frequently asked questions

What is the median home price in 37938?

The median closed sale price in Knoxville, TN 37938 was $383,000 over the last six months, based on 200 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 4 pending sales against 39 active listings in 37938, a pending-to-active ratio of 0.10. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 37938 is currently a typical-pace market.

Nearby ZIP code market data

Full Knoxville, TN housing market report →

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