Market Intelligence · TN / Knoxville

Knoxville, TN 37909 Housing Market

Homes in Knoxville's 37909 ZIP typically sell for $376,931, up 0.8% over the past year. The median list price sits at $412,500, with homes spending 56 days on the market as of September 2026.

Updated September 2026Median value$377K

The median home value in Knoxville, TN 37909 is $377K as of September 2026, up 0.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 37909 range

$347K to $407K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.8% over 12 months

Sep 2025$374K

Low $374KHigh $377K

Sep 2026$377K

The numbers

What is the 37909 housing market like?

As of September 2026

Typical home value

$377K

0.8%YoY

Median list price

$413K

5.7%MoM

Days on market

21.7%MoM

Homes for sale

3.0%MoM

Price cuts

26.7%

18.4%MoM

New listings

0.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

37909 housing market forecast 2027

+1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37909 to rise 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 37909 rose 0.8%, per the Zillow Home Value Index.

Will home prices drop in 37909?

Zillow's forecast does not call for a drop: it expects typical home values in 37909 to rise 1.7% by September 2027, after a 0.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 37909 home prices compare?

37909$376,931
Knoxville$376,931
Tennessee$265,881
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Knoxville: 17 ZIPs; Tennessee: 587 ZIPs; United States: 26,262 ZIPs).

Context

The 37909 market is moving at a measured pace. As of September 2026, there are 32 homes for sale, with 16 new listings coming on the market. The median list price of $412,500 sits above the typical home value of $379,389, and values are up 0.9% over the past year. Meanwhile, 26.7% of listings have had a price cut, and the median days on market is 56. For sellers, this points to a market where realistic pricing matters, because overpriced homes are sitting and getting reduced.

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Down payment20% · $75,386

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Common questions

What people ask us.

What is a typical home worth in 37909?

Typical home value in this ZIP is $376,931, up 0.8% over the past year.

How many homes are currently for sale?

There are 32 homes for sale as of September 2026, with 16 new listings in that month.

How long do homes typically stay on the market?

The median time on market is 56 days as of September 2026.

Discover

Nearby ZIP markets.

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