Market Intelligence · TN / Knoxville

Knoxville, TN 37920 Housing Market

Homes in Knoxville, TN 37920 have a typical value of $318,290, up 0.9% over the past year. The median list price stands at $369,900, with homes spending a median of 57 days on market as of September 2026.

Updated September 2026Median value$318K

The median home value in Knoxville, TN 37920 is $318K as of September 2026, up 0.9% 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 37920 range

$293K to $344K

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

+0.9% over 12 months

Sep 2025$316K

Low $316KHigh $320K

Sep 2026$318K

The numbers

What is the 37920 housing market like?

As of September 2026

Typical home value

$318K

0.9%YoY

Median list price

$370K

3.9%MoM

Days on market

8.1%MoM

Homes for sale

222

5.7%MoM

Price cuts

28.3%

0.2%MoM

New listings

18.4%MoM

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

The outlook

37920 housing market forecast 2027

+2.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37920 to rise 2.0% by September 2027.

Over the 12 months through September 2026, typical home values in 37920 rose 0.9%, per the Zillow Home Value Index.

Will home prices drop in 37920?

Zillow's forecast does not call for a drop: it expects typical home values in 37920 to rise 2.0% by September 2027, after a 0.9% 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 37920 home prices compare?

37920$318,290
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 37920 ZIP has 222 homes for sale, with 90 new listings added in September 2026. Nearly 28.3% of current listings have seen a price cut, suggesting some sellers are adjusting expectations. Homes are taking about two months to sell. The gap between typical home value and median list price reflects a market where not all listings are moving at the higher end. If you're thinking about selling, expect a measured pace and consider whether your price aligns with current buyer demand.

Monthly payment

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Home price

Down payment20% · $63,658

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Common questions

What people ask us.

What is the typical home value in 37920?

The typical home value in Knoxville, TN 37920 is $318,290, up 0.9% over the past year as of September 2026.

How long do homes take to sell in 37920?

Homes in this ZIP spend a median of 57 days on market as of September 2026.

What percentage of homes have had price cuts?

As of September 2026, 28.3% of listings in 37920 have had a price cut.

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Nearby ZIP markets.

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