As of 2025, the average home price in Knoxville typically ranges from $320,000 to $380,000, depending on the neighborhood, home size, and proximity to schools, shopping, and downtown.

While Knoxville’s market has shown signs of stabilization, prices generally remain steady or slightly increasing due to strong demand, a growing population, and limited housing inventory.

Buyers should evaluate location, school districts, commute times, and neighborhood amenities. It’s also important to consider property taxes, insurance, and potential for future appreciation based on the area’s growth.

Knoxville has become increasingly desirable for its affordability compared to larger cities, outdoor recreation, and job opportunities. This rising demand, coupled with limited housing supply, has driven prices higher in recent years.

Sequoyah Hills, Lyons View, and Gettysvue are considered some of Knoxville’s most affluent neighborhoods, offering luxury homes, riverfront properties, and access to premier amenities.

Yes, Knoxville is viewed as a strong real estate investment market thanks to its steady population growth, thriving job market, and appeal to both families and retirees. Rental demand is also strong, making it a solid option for investors.