Knoxville, TN

Metro area in Tennessee · Updated Jan 2026

12-Month Forecast ↑ +4.3%

Median Home Value

$352,076

↑ +1.0%

Year-over-year

Median Rent

$1,731/mo

↑ +1.0%

Year-over-year

Rental Yield

5.9%

Good for investors

5-Year Appreciation

+58.3%

Income Needed to Buy

$84,232

20% down, 30% DTI max

Active Listings

4,350

For-sale inventory

Price-to-Rent Ratio

16.9

Neutral market

Price Forecast

1 Month

↑ +0.3%

3 Months

↑ +1.2%

12 Months

↑ +4.3%

5-Year Price Trend

Calculate your mortgage for Knoxville, TN

See monthly payments for a $352,076 home →

Should you rent or buy in Knoxville, TN?

Price-to-rent ratio: 16.9x — It depends on your timeline. Run a full breakeven analysis with Knoxville, TN numbers pre-filled →

Frequently Asked Questions