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Market Intelligence · TN / Knoxville

Knoxville, TN 37916 Housing Market

The typical home value in Knoxville's 37916 ZIP code is $500,826, up 7.3% over the past year. The median list price sits at $485,000, with homes spending a median of 39 days on the market as of September 2026.

Updated September 2026Median value$501K

The median home value in Knoxville, TN 37916 is $501K as of September 2026, up 7.3% 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 37916 range

$461K to $541K

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

+7.3% over 12 months

Typical home value in 37916 over the last 12 months: $467K in Sep 2025 to $501K in Sep 2026 (+7.3%).

Sep 2025$467K

Sep 2026$501K

The numbers

What is the 37916 housing market like?

Typical home value

$501K

Up7.3%YoY

Median list price

$485K

Up7.8%MoM

Days on market

39

Down35.0%MoM

Homes for sale

17

Up41.7%MoM

Price cuts

0.0%

New listings

12

Up200.0%MoM

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

The outlook

37916 housing market forecast 2027

+2.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37916 to rise 2.9% by September 2027.

Over the 12 months through September 2026, typical home values in 37916 rose 7.3%, per the Zillow Home Value Index.

Will home prices drop in 37916?

Zillow's forecast does not call for a drop: it expects typical home values in 37916 to rise 2.9% by September 2027, after a 7.3% 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 37916 home prices compare?

  • 37916$500,826
  • 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

There are 17 homes for sale in 37916, with 12 new listings added as of September 2026. The median list price of $485,000 aligns closely with the typical home value of $500,826, suggesting realistic pricing overall. Homes are moving at a steady pace, with a median time of 39 days on market. Notably, 0.0% of listings have received a price cut, indicating that sellers have not needed to reduce asking prices to move inventory. For someone considering a sale, this suggests a balanced market where initial pricing matters, but desperation discounting is not yet a factor.

Monthly payment

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20% · $100,165

Common questions

What people ask us.

What is the typical home value in 37916?

The typical home value is $500,826 as of September 2026, up 7.3% over the past year.

How many homes are currently for sale in 37916?

There are 17 homes for sale as of September 2026, with 12 new listings added in that same period.

How long do homes typically stay on the market in 37916?

The median days on market is 39 as of September 2026.

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