Markets/Tennessee/Knoxville

Knoxville, TN Real Estate Market 2026

Investor-grade market analytics for Knoxville, Tennessee. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$352,076

+1.0% year-over-year

Est. Rental Yield

5.9%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Knoxville Market Summary

Knoxville, TN is in a stabilization phase with 1.0% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability is moderately stretched with a price-to-income ratio of 5.05x, above the national average of 4.8x. Modest net positive migration (+1,398 returns/year) provides steady demand support. Climate risk remains low (24/100), favorable for long-term investment stability. Rental yield of 5.9% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score71/100
Price-to-Income Ratio5.0x (national avg 4.8x)
Median Household Income$69,734

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Knoxville, TN's primary climate exposure is wind storms (49/100). The composite climate risk score of 24/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Knoxville dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.

Knoxville Real Estate Market Data 2026 | Lotlytics | Lotlytics