New listings rose in Knoxville, and sales still moved up
The Real Estate Data Aggregator counted 656 new listings across Knoxville in the three months ending August 31, 2026. That is up 18.6% from the same months of 2025. More supply means buyers have real choices now. Sellers need sharp pricing to stand out.
Here is the part that matters most for sellers: demand held. The Real Estate Data Aggregator counted 648 homes going pending, up 7.3% from a year before. More listings came in, and buyers still moved. That is a healthy sign, not a warning.
Nationally, Realtor.com reported active listings topped 1.16 million homes in September 2026. Knoxville is part of that broader shift toward more supply. Realtor.com also noted that 20.8% of listings nationally took a price cut in September, the highest share since October 2022. That tells you pricing discipline matters more now than it did a year ago.
How each ZIP code read in the three months ending August 31, 2026
The four ZIP codes tracked here each told a slightly different story. Two saw prices rise. Two saw prices dip. Speed and demand varied too.
| 37922 | 37919 | 37923 | 37934 | |
|---|---|---|---|---|
| Median sale price | $729,900 | $515,000 | $420,000 | $707,407 |
| Price change vs. 2025 | +8.1% | -22.3% | -4% | +1.8% |
| Median days on market | 56 | 60 | 49 | 48 |
| Sale to list price | 98.6% | 97.7% | 99.6% | 98.1% |
| Under contract in 2 weeks | 44.3% | 40.3% | 51.1% | 41.8% |
37922: prices climbed, but fewer homes sold
The Real Estate Data Aggregator put the median sale price in 37922 at $729,900, up 8.1% from a year before. That is the highest median of the four ZIP codes. But sales fell 16.6% to 171 homes. More listings came in too, up 23.2% to 202. Supply grew faster than demand here. Still, 44.3% of homes went under contract within two weeks, up 8.3 points from 2025. Buyers who found the right home moved fast.
37919: more sales, but the median price dipped
The Real Estate Data Aggregator counted 134 homes sold in 37919, up 13.6% from 2025. That is good volume growth. The median sale price, though, came in at $515,000, down 22.3%. A shift in the mix of homes that sold can move the median even when the market is healthy. Pending sales rose 18.5% to 154, and 40.3% of homes went under contract within two weeks, up 12.6 points. Demand is real here.
37923: the quickest ZIP, with nearly 3 in 10 selling above list
The Real Estate Data Aggregator showed 37923 had the shortest median time on market: 49 days. Homes there sold at 99.6% of list on average. Nearly 3 in 10 homes, 29.8%, sold above list price. That share rose 10.4 points from 2025. The median price dipped 4% to $420,000, but sales volume rose 16.3% to 114 homes. More buyers competed here than a year ago.
37934: sales jumped 20%, and homes sold faster
The Real Estate Data Aggregator counted 162 homes sold in 37934, up 20% from 2025. The median days on market fell 14 days to 48. Months of supply dropped 1.2 months to 2.7. The median sale price was $707,407, up 1.8%. Homes for sale actually fell 15.7% to 145. Less inventory, more sales, faster closings. That is a tighter market than the other ZIP codes.
What the wider picture adds
The Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. Knoxville's 37922 outpaced that at 8.1%. Nationally, Realtor.com noted mortgage rates climbed above 7% for the first time since January 2025. That affects what buyers can afford, and it is part of why sharp pricing matters more now.
- New listings in Knoxville rose 18.6%, and pending sales still rose 7.3%.
- Buyers have more to choose from, but they are still active.
- Homes priced well and prepared well are going under contract quickly.
- One street can read very differently from the ZIP code around it.
Your next step
(865) 355-0955Text me what you want in a home, and I will send you the homes for sale in Knoxville that fit.
Text me- Real Estate Data Aggregator numbers for ZIPs 37922, 37919, 37923 and 37934, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in July; Up 2.6 Percent from Last Year | FHFA, Sep 29, 2026
- Redfin: U.S. Home Prices Ticked Up 0.25% in September, Oct 20, 2026
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- Realtor.com: September 2026 Rental Report: Median Asking Rent Declines at the Slowest Pace in 3 Years, Oct 15, 2026
- CNBC: Trump's executive order targets mortgage insurance, refinance costs. What it means for borrowers, Oct 23, 2026