Real Estate Market Update for Knoxville, TN
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 20% from one year earlier, and did not change from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 190-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 10%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 190-thousand dollars. The number of units sold decreased 1% year-over-year, and increased 13% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Knoxville, TN
Area Information for Knoxville, TN
  • Population: 183,962
  • Median Age: 32.87 yr
  • Median Commute Time: 17.55 mins
  • Educational Climate*: 4
  • Sales Tax: 9.25%
  • Population Density: 1,867/sq mi
  • Population Change Since 2000: 6.32%
  • Closest Airport: Mcghee Tyson
  • Closest College: Knoxville College
  • Closest Jr. College: Pellissippi State Comm College
  • Median Household Income: $34,119
  • Annual Residential Turnover: 17.53%
  • Median Years in Residence: 2.96 yr
  • Median Home Sales Price: $99,405
  • Closest Major Sports Team: Tenn Smokies
  • Change Avg. Household Income Since 2000: 22%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Knoxville, TN
Median Age: 32.87 Married: 26% Number of Households: 77,202 Households with Children: 19,475
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Knoxville, TN

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Norwood Elementary School 0.3 mi Public K-5 1 4
      Apostolic Christian School 0.6 mi Private PRESCHOOL-12 0 4
      Northwest Middle School 0.7 mi Public 6-8 1 3
      West Haven Elementary School 0.9 mi Public PRESCHOOL-5 2 4
      Pleasant Ridge Elementary 1.0 mi Public PRESCHOOL-5 3-5 3
      Rule Christian Academy 2.0 mi Private K-K 0 5
      Inskip Elementary School 2.0 mi Public K-5 1 3
      Lonsdale Elementary School 2.1 mi Public PRESCHOOL-5 0 5
      Sterchi Elementary School 2.6 mi Public PRESCHOOL-5 4 4
      West View Elementary School 2.6 mi Public PRESCHOOL-5 1 4
      Pond Gap Elementary School 3.0 mi Public K-5 1 3
      Beaumont Elementary/magnet School 3.0 mi Public PRESCHOOL-5 1 4
      Christenberry Elementary School 3.2 mi Public PRESCHOOL-5 2-5 4
      St Joseph School 3.2 mi Catholic PRESCHOOL-8 0 4
      West High School 3.3 mi Public 9-12 3 4
      Maynard Elementary School 3.3 mi Public K-5 1 4
      West End Academy 3.5 mi Private PRESCHOOL-12 0 4
      Knoxville Adventist School 3.7 mi Private K-9 0 5
      New Pathways Academy - Florence Crittenten 3.7 mi Private 9-12 0 5
      Fulton High School 3.7 mi Public 9-12 1 3
      Knoxville Montessori School 3.8 mi Private PRESCHOOL-5 0 5
      First Lutheran School 3.8 mi Private PRESCHOOL-8 0 5
      Pride And Joy Childrens Academy 3.8 mi Private PRESCHOOL-3 0 5
      Amherst Elementary School 3.9 mi Public K-5 2-5 4
      Thackston School 4.1 mi Private PRESCHOOL-5 0 5
      Belle Morris Elementary School 4.2 mi Public PRESCHOOL-5 1 4
      Bearden Elementary School 4.2 mi Public K-5 4 4
      Knox Adaptive Education Center 4.2 mi Public K-12 0 2
      Sequoyah Elementary School 4.3 mi Public K-5 5 5
      Gresham Middle School 4.3 mi Public 6-8 4 4
      Fountain City Elementary 4.4 mi Public K-5 2 5
      Bearden Middle School 4.5 mi Public 6-8 3-5 3
      Brickey Mccloud Elementary School 4.6 mi Public PRESCHOOL-5 4 4
      Garden Montessori School 4.6 mi Private PRESCHOOL-8 0 4
      Green Magnet Math & Science Academy 4.7 mi Public PRESCHOOL-5 0 4
      Sacred Heart Cathedral School 4.8 mi Catholic PRESCHOOL-8 0 4
      Vine Middle Magnet 4.9 mi Public 6-8 0 4
      Central High School 4.9 mi Public 9-12 2-5 3
      Grace Christian Academy 4.9 mi Private PRESCHOOL-12 0 4
      Knoxville Baptist Christian School 5.1 mi Private PRESCHOOL-12 0 5
      West Hills Elementary School 5.1 mi Public PRESCHOOL-5 2-5 4
      South Knoxville Elementary 5.2 mi Public PRESCHOOL-5 2-5 4
      Berean Christian School 5.5 mi Private K-12 0 5
      Austin East High/magnet School 5.6 mi Public 9-12 1 3
      Dogwood Elementary 5.9 mi Public PRESCHOOL-5 1 4
      Richard Yoakley Alternative Center 5.9 mi Public 6-12 0 1
      Shannondale Elementary School 6.0 mi Public K-5 4-5 5
      Bearden High School 6.3 mi Public 9-12 4 4
      Rocky Hill Elementary School 6.3 mi Public K-5 4-5 5
      Stanford Eisenberg Knoxville Jewish Day School 6.4 mi Private K-5 0 5
      Sarah Moore Greene Elementary/magnet 6.4 mi Public PRESCHOOL-5 0 3
      South Doyle Middle School 6.5 mi Public 6-8 1 2
      Adrian Burnett Elementary School 6.6 mi Public K-5 1 4
      Spring Hill Elementary 6.6 mi Public K-5 1 3
      Mount Olive Elementary School 6.7 mi Public K-5 2-5 5
      Karns Elementary School 7.0 mi Public PRESCHOOL-5 3-5 5
      Mead Montessori School 7.1 mi Private UNGRADE-UNGRADE 0 4
      Karns Middle School 7.1 mi Public 6-8 4-5 4
      Tates School Of Discovery 7.2 mi Private PRESCHOOL-5 0 5
      Halls High School 7.2 mi Public 9-12 4 3
      Halls Middle School 7.2 mi Public 6-8 4 4
      Christian Family Cooperative 7.2 mi Private PRESCHOOL-10 0 5
      Halls Elementary School 7.2 mi Public K-5 3 4
      Mooreland Heights Elementary 7.3 mi Public K-5 1 4
      Knoxville Catholic High School 7.3 mi Catholic 9-12 0 4
      Freedom Christian Academy 7.4 mi Private PRESCHOOL-10 0 5
      Cedar Bluff Middle School 7.4 mi Public 6-8 3-5 4
      Cedar Bluff Primary School 7.4 mi Public PRESCHOOL-5 3 4
      Natures Way Montessori School 7.5 mi Private PRESCHOOL-8 0 4
      Holston Middle School 7.6 mi Public 6-8 3 2
      Chilhowee Intermediate 7.7 mi Public 3-5 2-5 4
      Cedar Springs Weekday School/1st Coop 7.9 mi Private PRESCHOOL-7 0 5
      Karns High School 8.0 mi Public 9-12 3 3
      Byington Solway Vocational 8.0 mi Public 9-12 0 3
      Christian Academy Of Knoxville 8.0 mi Private PRESCHOOL-12 0 4
      Ball Camp Elem School 8.0 mi Public K-5 4 4
      West Valley Middle School 8.3 mi Public 6-8 5 4
      Ritta Elementary School 8.4 mi Public PRESCHOOL-5 2-5 5
      Webb School Of Knoxville 9.0 mi Private K-12 0 4
      Bonny Kate Elementary School 9.2 mi Public PRESCHOOL-5 2-5 4
      Blue Grass Elementary School 9.3 mi Public K-5 4 5
      South Doyle High School 9.4 mi Public 9-12 2 2
      A L Lotts Elementary 9.4 mi Public K-5 4 4
      Annoor Academy Of Knoxville 9.9 mi Private PRESCHOOL-8 0 4
      Paideia Academy 10.2 mi Private PRESCHOOL-11 0 0
      Sunnyview Primary School 10.6 mi Public PRESCHOOL-2 0 4
      New Hopewell Elementary School 10.9 mi Public K-5 2-5 4
      Episcopal School Of Knoxville 11.0 mi Private K-8 0 4
      Greenway School 11.0 mi Private 6-8 0 4
      Hardin Valley Acedmy 11.4 mi Public 9-12 4-5 5
      Hardin Valley Elementary 11.7 mi Public K-5 4 4
      Knoxville Christian School 11.9 mi Private PRESCHOOL-12 0 3
      Farragut Intermediate 11.9 mi Public 3-5 4-5 5
      Farragut Middle School 12.0 mi Public 6-8 5 4
      Farragut High School 12.2 mi Public 9-12 5 4
      Farragut Primary School 12.5 mi Public K-2 0 5
      Concord Christian School 13.3 mi Private K-12 0 4
      Gap Creek Elementary School 13.4 mi Public K-5 4 4
      St John Neumann School 13.7 mi Catholic K-8 0 4
      Carter Elementary School 14.0 mi Public PRESCHOOL-5 2-5 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Knoxville, TN
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.