Is Knoxville, TN 37916 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Knoxville is a seller’s market. With about 3 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list94.9%Sold price ÷ list price

Median days on market73Listing to accepted offer

Median price per sq ft$416▼ −17.5% vs. last year

Run the numbers for 37916

Prefilled for 37916Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37916Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Corryton 37721Seller’s market $209 /sq ft Knoxville 37902Balanced $579 /sq ft Knoxville 37909Seller’s market $223 /sq ft Knoxville 37912Seller’s market $221 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology