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Moving to Knoxville

What it costs, how long homes take to sell, and how 12 areas compare

By Caroline McMeans, Co-Founder & Broker at Homepoint

·

Updated

Median Sold Price

$415,000

Across recent sales in 12 Knoxville areas
Median Days on Market

53

Half of sales closed in 29–98 days
Homes For Sale

5232

Listed $1 – $8.9M
Sold, Last 90 Days

5081

As of September 7, 2026

Moving to Knoxville places you in the eastern part of Tennessee, surrounded by the Great Smoky Mountains to the south and the Tennessee River flowing through the city. The metro area is structured around key highways, including Interstates 40 and 75, which facilitate north-south and east-west travel. Growth in Knoxville primarily extends to the west and north, with a mix of urban and suburban developments. The region experiences a temperate climate, characterized by four distinct seasons.

The housing market in Knoxville is currently balanced, with a median sold price of $415,000. There are 12 neighborhoods covered in this metro area.

Knoxville areas compared

Every area we cover in the Knoxville metro, on the same numbers.

Median sold price
Up to $393K
$393K – $466K
Above $466K
Boundaries: © OpenStreetMap contributors, ODbLHover an area for its numbers, click to open its guide.
AreaMedian soldDays to sellFor saleMarket
AlcoaAlcoa, TN$315,0004130Balanced
CorrytonCorryton, TN$355,4005764Balanced
SeymourSeymour, TN$376,30059120Balanced
PowellPowell, TN$380,0005697Balanced
Oak RidgeOak Ridge, TN$400,00060126Balanced
MaryvilleMaryville, TN$403,00047368Balanced
KnoxvilleKnoxville, TN$410,000511944Balanced
LouisvilleLouisville, TN$463,0004852Balanced
Lenoir CityLenoir City, TN$472,00052171Balanced
SeviervilleSevierville, TN$485,000721631Buyer's Market
GatlinburgGatlinburg, TN$517,50064625Buyer's Market
FarragutFarragut, TN$790,0005011Balanced
Sort any column to compare Knoxville areas on price, time to sell or inventory.

Why people move to Knoxville

Knoxville sits in the Tennessee Valley, where the Holston and French Broad rivers meet to form the Tennessee River. The land rises and falls through the Ridge-and-Valley section of East Tennessee, with long ridges, broad river corridors, and higher ground framing the metro. Downtown fronts the Tennessee River, Fort Loudoun Lake is part of the local water system, and the Great Smoky Mountains lie to the southeast. That setting puts paddling, boating, greenways, and trail access into everyday geography rather than at the edge of the region.

The economy runs on a mix of research, energy, health care, higher education, manufacturing, and transportation. Major institutions include the University of Tennessee, Knoxville, Covenant Health, the University of Tennessee Medical Center, East Tennessee Children’s Hospital, Oak Ridge National Laboratory, and the Y-12 National Security Complex in nearby Oak Ridge. Tennessee Valley Authority has a major presence, and large private employers and brands tied to the region include Clayton Homes, DENSO Manufacturing Tennessee, Arconic’s Alcoa operations, Pilot, Regal, and DeRoyal Industries.

Knoxville also functions as a regional crossroads. Interstates 40 and 75 meet here, and I-640 loops around the north side of the city. McGhee Tyson Airport handles commercial air service south of downtown in Blount County. Through the year, the climate brings four distinct seasons, with hot summers, generally mild winters, and long spring and fall transitions. For many movers, Knoxville stands out because it combines major employers, a research and manufacturing base, and immediate access to rivers, lakes, and mountain terrain.

What you will pay in Knoxville

Income, sales and property tax, straight from the agencies that set them.

TaxRateSource

State income tax

Tennessee levies no individual income tax on wages or salaries. The Hall tax on interest and dividends was fully repealed effective January 1, 2021.
NoneTennessee Department of Revenue, 2025

State sales tax

The state portion only. Counties and cities add a local option capped at 2.75% by statute, so the rate at the register is higher — check the current combined rate with the county before budgeting.
7%Tennessee Department of Revenue, 2025

Effective property tax — Knox County

$1.5540 per $100 of assessed value on the 25% residential assessment ratio. Property inside Knoxville city limits also pays a separate city rate on top of this.
0.39% of market valueKnox County Finance Department, 2026

Effective property tax — Blount County

$1.59 per $100 of assessed value on the 25% residential assessment ratio.
0.40% of market valueBlount County, Tennessee, 2025
Rates change. Confirm the current figure with the agency named before you budget on it.

The honest trade-offs

What works
Balanced Housing Market

Knoxville has a balanced housing market with a median sold price of $415,000 and a median days on market of 53 days, making it an attractive option for buyers and sellers alike.

Outdoor Recreational Opportunities

The region is known for its proximity to the Great Smoky Mountains, offering abundant outdoor activities such as hiking, fishing, and camping.

Diverse Employment Sectors

Knoxville hosts various industries, including healthcare, education, and manufacturing, providing a range of job opportunities.

Affordable Cost of Living

The cost of living in Knoxville is generally lower compared to larger metropolitan areas, making housing and everyday expenses more manageable.

What to weigh
Traffic Congestion Issues

Traffic congestion can be significant, especially on Interstate 40 and Interstate 75 during peak hours, leading to longer commute times.

Limited Public Transit Options

Knoxville has limited public transit services, with no rail system, which increases reliance on personal vehicles for transportation.

Summer Heat and Humidity

The summer months can bring high heat and humidity, making outdoor activities less comfortable during this season.

Distance to Major Airport

McGhee Tyson Airport is the nearest major airport, and while it serves several nonstop destinations, it is located approximately 12 miles from downtown Knoxville.

Frequently Asked Questions

Is Knoxville a good place to live?

Knoxville features a balanced housing market, with a median home price of $415,000 and a typical selling time of 53 days. The climate is generally mild, and the area has several major employers, contributing to a stable economy.


What is the median home price in Knoxville?

The median home price in Knoxville is $415,000. This figure represents the price point at which half of the homes sold were above and half were below, reflecting the current market conditions.


How long do homes take to sell in Knoxville?

Homes in Knoxville take a median of 53 days to sell. For the middle half of sales, homes typically sell within 29 to 98 days, indicating a balanced market.


Which Knoxville suburbs are closest to downtown?

Suburbs such as Alcoa and Farragut are among the areas covered in Knoxville's housing market. These neighborhoods are accessible and provide proximity to downtown amenities.


How much is property tax in Knox County?

Property tax rates vary by county, so it's important to check the current rate with Knox County before budgeting. This will help you understand the costs associated with home ownership.


What is the cost of living in Knoxville?

The cost of living in Knoxville is influenced by housing prices, which have a median of $415,000. Additionally, the area has a range of active listings from $1 to $8,880,000, which can impact overall living expenses.


How far is Knoxville from the nearest major airport?

Knoxville is served by McGhee Tyson Airport, which is accessible for regional and national flights. The airport's location contributes to convenient travel options for residents.


What is the climate like in Knoxville?

Knoxville experiences a temperate climate with distinct seasons. This includes warm summers and mild winters, making it suitable for a variety of outdoor activities year-round.


Who are the main employers in Knoxville?

Knoxville's economy features several major employers across various industries. The presence of diverse businesses supports job opportunities in the region.


How do I start a home search in Knoxville?

To start a home search in Knoxville, consider exploring active listings in neighborhoods across the area. With 5,232 active listings available, you can find a variety of options that meet your preferences.

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