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$340,000
+3.5% YoY
72
Average listing duration
2.4 mo
seller's market
+3.5%
Price appreciation
Last updated 2026-03-19
What to know about buying in Knoxville
Knoxville sits at the intersection of two economic engines that most mid-sized cities don't have: a flagship state university and a world-class federal research lab. The University of Tennessee brings 30,000+ students, thousands of faculty and staff, and the spending power of SEC football Saturdays at Neyland Stadium. Oak Ridge National Lab, home to the world's fastest supercomputer and a $6 billion annual research budget, employs scientists and engineers who commute from Farragut, West Knoxville, and the Pellissippi Parkway corridor. Together, they create a job market anchored by education and research rather than any single private employer.
Great Smoky Mountains National Park, the most-visited national park in the United States with 12+ million annual visitors, sits less than an hour from downtown. That proximity shapes the housing market in two ways: it drives tourism-related employment (Gatlinburg and Pigeon Forge are essentially bedroom communities), and it attracts buyers who prioritize outdoor access, hikers, fly fishers, and retirees who want mountain views without mountain prices. South Knoxville's revitalization along the river and near Ijams Nature Center is a direct result of this outdoor-lifestyle draw.
At $340,000, Knoxville's median home price is roughly 20% below Nashville and 10% below Chattanooga after adjusting for home size and lot. That gap is what makes Knoxville a sleeper market: buyers get more square footage, bigger lots, and lower property taxes while keeping the zero-state-income-tax advantage that draws people to Tennessee in the first place. The 3.5% annual appreciation is steady without being overheated, and 2.4 months of inventory means the market favors sellers without punishing buyers. Neighborhoods tell the story of where value sits: Sequoyah Hills and Farragut command premiums for river views and top schools, while South Knoxville and Powell offer entry points well below the metro median with room to appreciate. The Bearden corridor along Kingston Pike splits the difference, walkable, established, and priced in between. For anyone who doesn't need Nashville's scale or Atlanta's corporate infrastructure, Knoxville delivers an unusually strong quality-of-life-to-cost ratio.
Neighborhoods in Knoxville
Every neighborhood has its own character, price point, and lifestyle. Here's what you need to know about Knoxville's most popular areas.
Bearden
Established west Knoxville neighborhood anchored by Homberg Place shops and the Kingston Pike restaurant corridor. Tree-lined streets with mid-century ranches and newer infill, walkable to West Town Mall and Turkey Creek.
Fourth & Gill
Historic Victorian neighborhood just north of downtown with ornate porches and walkable streets. The Old City entertainment district is a few blocks south, and Central Street shops and restaurants are within walking distance.
Farragut
Affluent suburb southwest of Knoxville with top-rated Knox County schools, anchor shops at Turkey Creek, and proximity to Fort Loudoun Lake. Popular with families relocating for Oak Ridge National Lab jobs.
South Knoxville / Island Home
South side of the Tennessee River experiencing rapid revitalization. Ijams Nature Center provides 315 acres of trails and quarry swimming. Breweries and restaurants are filling in along Sevier Avenue, and river views push home values up.
Sequoyah Hills
One of Knoxville's most prestigious neighborhoods, bordering the Tennessee River with Cherokee Boulevard as its scenic spine. Large lots, mature trees, and proximity to UT campus make it a perennial favorite among faculty and professionals.
Powell
Growing suburban community north of Knoxville along I-75 with affordable new construction and established neighborhoods. Powell High School is well-regarded, and the area offers quick access to Norris Lake and the Cumberland Plateau.
How we match you
Most referral platforms won't tell you how they pick agents or what they charge them. We think you should know both. Here's exactly how Agentsorted finds your agent in Knoxville.
What we evaluate
Transaction volume
Is this agent actively closing deals? The top 20% of agents handle 65% of all transactions. We focus on agents working the market right now and consistently putting deals together.
Client reviews
We look for a consistent pattern of positive feedback across multiple platforms. One glowing testimonial is easy to get. A track record of 4.5+ stars across dozens of real clients isn't.
Response time
78% of buyers end up working with the first agent who responds, and the industry average response time is over 15 hours. Our agents contact you the same day. If they don't, we replace them.
Neighborhood expertise
An agent who knows Knoxville well can spot pricing mistakes and negotiate from local knowledge that outsiders miss. We match on zip-code-level transaction history, not just a metro area.
Situation fit
Buying your first home is different from selling in a divorce or relocating for the military. We match you with agents who've closed deals in your specific situation, not just your zip code.
Most markets have thousands of licensed agents. We recommend the top 3%.
71% of licensed agents in the US didn't close a single deal last year. We start by removing them. Then we filter on closing record, reviews, response time, and local expertise. The rest never reach you.
How we make money
When your deal closes, the agent's brokerage pays us a 25% referral fee from their commission. On a $415,000 home at a 2.7% buyer agent commission, that's about $2,800 from the agent. You pay nothing.
| Platform | Referral fee | On $415K sale |
|---|---|---|
| Agentsorted | 25% | $2,801 |
| HomeLight | 33% | $3,698 |
| Zillow Flex | up to 40% | $4,482 |
| Most others | undisclosed | ? |
Based on 2.7% buyer agent commission. Only 40% of consumers know referral fees exist. We're telling you because you deserve to know where your agent's money goes.
What we don't do
- Agents can't pay for a higher ranking
- We never sell your contact information
- We don't send five agents racing to call you
- If your match isn't responsive, we replace them
Every platform in this space charges agents a referral fee. We're the only one that tells you about it upfront. That's the kind of company we want to be.
Commission in Knoxville
On a $340,000 home in Knoxville, here's what commissions look like with different platforms.
| Platform | Referral Fee | Agent Keeps |
|---|---|---|
| Agentsorted | 25% | 75% |
| HomeLight | 33% | 67% |
| Clever Real Estate | 25-40% | 60-75% |
| Zillow Flex | Up to 40% | 60%+ |
Why this matters to you: When agents keep more of their commission, they can invest more time and resources into your transaction. At the Knoxville median price of $340,000, total commission is about $18,020. With Agentsorted's lower referral fee, your agent keeps ~$1,442 more than they would with HomeLight, money that translates to better service, not platform profit.
Specialist agents in Knoxville
Looking for an agent with specific expertise? We match you with specialists for every situation.
Knoxville real estate FAQ
Nearby markets
Exploring options outside Knoxville? These nearby markets may fit your budget and lifestyle.
Resources
Tennessee Commission Guide
Average rates, negotiation tips, and NAR settlement impact.
Commission Calculator
See exactly what you'll pay in commissions at any home price.
All Tennessee Markets
Find agents across all Tennessee metros.
How Agentsorted Works
Learn about our transparent matching process.
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