Market Intelligence · TN / Knoxville

Knoxville, TN 37931 Housing Market

The typical home value in Knoxville 37931 is $434,641, up 1.8% over the past year. The median list price sits at $496,540, with homes spending a median of 55 days on the market as of September 2026.

Updated September 2026Median value$435K

The median home value in Knoxville, TN 37931 is $435K as of September 2026, up 1.8% 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 37931 range

$400K to $469K

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

+1.8% over 12 months

Sep 2025$427K

Low $427KHigh $435K

Sep 2026$435K

The numbers

What is the 37931 housing market like?

As of September 2026

Typical home value

$435K

1.8%YoY

Median list price

$497K

6.3%MoM

Days on market

3.8%MoM

Homes for sale

110

6.0%MoM

Price cuts

16.7%

10.7%MoM

New listings

33.3%MoM

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

The outlook

37931 housing market forecast 2027

+1.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37931 to rise 1.9% by September 2027.

Over the 12 months through September 2026, typical home values in 37931 rose 1.8%, per the Zillow Home Value Index.

Will home prices drop in 37931?

Zillow's forecast does not call for a drop: it expects typical home values in 37931 to rise 1.9% by September 2027, after a 1.8% 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 37931 home prices compare?

37931$434,641
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 110 homes for sale in 37931, with 64 new listings added as of September 2026. The median days on market of 55 suggests a moderately paced sales cycle. About 16.7% of listings have received a price cut, which is typical for a market adjusting to current conditions. For sellers, the year-over-year appreciation of 1.8% is modest, and the presence of price cuts indicates that overpricing can result in slower sales.

Monthly payment

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Home price

Down payment20% · $86,928

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Common questions

What people ask us.

What is the typical home value in 37931?

The typical home value is $434,641 as of September 2026, up 1.8% over the past year.

How many homes are for sale in this area?

There are 110 homes for sale as of September 2026, with 64 new listings added in that same period.

How long do homes typically stay on the market here?

The median days on market is 55 as of September 2026.

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Nearby ZIP markets.

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