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Preforeclosure Homes in Knoxville, TN 37921

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Knoxville, TN Foreclosures

Current Market Conditions in in Knoxville, TN As of March 2026?
Over the past month, the Knoxville real estate market has shown signs of stabilization after a period of rapid appreciation. Home prices have experienced a slight dip, signaling a cooling trend as more homes enter the market. This has created additional opportunities for potential buyers as competition eases, making it a more favorable environment for purchasing real estate. Even with these changes, demand remains consistent, particularly in sought-after neighborhoods where listings are moving quickly.
How much do homes sell for in Knoxville, TN?
The average home price is currently $484,427.
In Knoxville, TN, how many homes are available?
There are currently 9 active home listings available in Knoxville.
What’s the average rental cost in Knoxville, TN?
The average rental price in Knoxville is $1,516.
What is the most expensive home in Knoxville?
The most expensive home sold in Knoxville had a price of $142,117,688.
What is currently the cheapest priced home in Knoxville, TN?
The cheapest home for sale in Knoxville is priced at $10,009.

Living in Knoxville, TN

Knoxville, TN, is a lively city that boasts a rich cultural scene, beautiful parks, and educational excellence due to the presence of the University of Tennessee. The city seamlessly blends modern conveniences with outdoor adventures, making it ideal for both families and young professionals alike. With great amenities and strong community ties, Knoxville offers an exceptional quality of life.

Buyer vs Seller Market in Knoxville, TN

The current real estate market in Knoxville is characterized by steady growth in property values and a balanced demand for housing. Due to the influx of residents drawn by the city’s job opportunities, quality of life, and educational institutions, home prices have been rising moderately. Areas near the university and downtown are experiencing significant interest from both buyers and investors, as they offer appealing amenities and a vibrant lifestyle.

Knoxville's housing inventory remains relatively low, which contributes to the rising prices. Many buyers are entering the market looking for single-family homes, with a noticeable trend towards newly developed properties and renovated older homes for those seeking character and modern features.

Home Value Estimator For Knoxville, TN

There are currently 158,906 real estate properties in Knoxville, TN, with a median automated valuation model (AVM) price of $360,948.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Knoxville, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Knoxville, TN, is $484,427.00, with the most expensive house in Knoxville, TN, topping out at $142,117,688.00 and the cheapest home in Knoxville, TN, clocking in at $10,009.00. In other words, there’s something for every potential homebuyer or savvy investor in Knoxville, TN!

Rent Prices In Knoxville, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Knoxville, TN, is on a rollercoaster ride. The average rent price in Knoxville, TN, is $1,516.00. Indeed, when looking to rent in Knoxville, TN, you can expect to pay as little as $510.00 or as much as $4,140.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Knoxville, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Knoxville, TN 37921 Preforeclosure Homes


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