Market Intelligence · TN / Knoxville

Knoxville, TN 37916 Housing Market

The typical home value in Knoxville, TN 37916 is $491,185, up 7.6% over the past year as of 2026-08-01. The median list price is $449,900, and homes are spending a median of 60 days on the market. There are 12 homes for sale right now.

Updated August 2026Median value$491K

The median home value in Knoxville, TN 37916 is $491K as of August 2026, up 7.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 37916 range

$452K to $530K

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

+7.6% over 12 months

Typical home value in 37916 over the last 12 months: $457K in Aug 2025 to $491K in Aug 2026 (+7.6%).

Aug 2025$457K

Aug 2026$491K

The numbers

What is the 37916 housing market like?

Typical home value

$491K

Up7.6%YoY

Median list price

$450K

Up85.9%MoM

Days on market

60

Down27.7%MoM

Homes for sale

12

Flat0.0%MoM

Price cuts

19.1%

Down58.9%MoM

New listings

4

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

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The comparison

How do 37916 home prices compare?

  • 37916$491,185
  • Knoxville$379,389
  • Tennessee$270,768
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Knoxville: 17 ZIPs; Tennessee: 587 ZIPs; United States: 26,265 ZIPs).

Context

Home values in 37916 have climbed 7.6% over the past year, putting the typical value at $491,185. On the listing side, the median asking price sits at $449,900, with 12 homes currently for sale and only 4 new listings coming on. Sellers are waiting a median of 60 days for a deal, and 19.1% of listings have taken a price cut. That mix suggests values are rising, but buyers are not rushing, and some sellers are adjusting their expectations. If you are thinking about selling, pricing realistically from the start matters more than chasing last year's momentum.

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