Market Intelligence · TN / Knoxville

Knoxville, TN 37938 Housing Market

The typical home in Knoxville's 37938 ZIP code is worth $395,313, up 1.3% over the past year. The median list price sits at $471,125, and homes are taking a median of 47 days on market as of June 2026.

Updated June 2026Median value$395K

The median home value in Knoxville, TN 37938 is $395K as of June 2026, up 1.3% 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 37938 range

$364K to $427K

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

+1.3% over 12 months

Typical home value in 37938 over the last 12 months: $390K in Jun 2025 to $395K in Jun 2026 (+1.3%).

Jun 2025$390K

Jun 2026$395K

The numbers

What is the 37938 housing market like?

Typical home value

$395K

Up1.3%YoY

Median list price

$471K

Days on market

47

Down13.0%MoM

Homes for sale

66

Price cuts

32.6%

New listings

28

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 37938 home prices compare?

  • 37938$395,313
  • Knoxville$385,183
  • Tennessee$273,929
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Knoxville: 17 ZIPs; Tennessee: 587 ZIPs; United States: 26,270 ZIPs).

Context

In 37938, there were 66 homes for sale as of June 1, 2026, with 28 new listings added recently. The median list price was $471,125, while the typical home value came in at $395,313, up 1.3% over the past year. Homes took a median of 47 days to sell, and 32.6% of listings had a price cut. For sellers, the numbers point to a market that is moving but not rushed, so realistic pricing matters more than optimistic pricing.

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