The Downtown Knoxville housing market is somewhat competitive. The median sale price of a home in Downtown Knoxville was $517K last month, down 6.0% since last year. The median sale price per square foot in Downtown Knoxville is $530, up 6.6% since last year.
What is the housing market like in Downtown Knoxville today?
In April 2024, Downtown Knoxville home prices were down 6.0% compared to last year, selling for a median price of $517K. On average, homes in Downtown Knoxville sell after 20 days on the market compared to 21 days last year. There were 7 homes sold in April this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$517,000
-6.0% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Downtown Knoxville, TN
$517,000
-6.0%
United States
To compare other locations to the Downtown Knoxville and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Knoxville add value to a home.
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How hot is the Downtown Knoxville housing market?
Downtown Knoxville is somewhat competitive. Homes sell in 30 days.
0
100
63
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 30 days.
Hot homes
can sell for about 1% above list price and go pending in around 18 days.
Learn about schools in the Downtown Knoxville area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Knoxville housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Knoxville.
Risk Factor
Flood Factor - Major
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Knoxville has a major risk of flooding. 76 properties in Downtown Knoxville are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Downtown Knoxville. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Knoxville has a minor risk of wildfire. There are 5 properties in Downtown Knoxville that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Downtown Knoxville.
Downtown Knoxville has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Knoxville has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
91% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Knoxville has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 91% of homes in Downtown Knoxville have a Major Heat Factor®.
Downtown Knoxville is expected to see a 171% increase in the number of days over 103ºF over the next 30 years. Downtown Knoxville is expected to experience 5