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Knoxville, TN Real Estate

Knoxville anchors one of Tennessee's largest metro areas with a population of about 193,721. The median home value is near $214,000, and median rent runs around $1,116/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$214,000
Median Rent
$1,116/mo
Population
193,721
Median Income
$50,994
Median Age
33.3
Homeownership
46.6%

Monthly payment on a median Knoxville home

Example for a $214,000 home: 20% down, 30-yr at ~6.75%, TN property tax ~0.66%, 0.4% insurance.

Est. monthly (PITI)
$1,299
Principal & interest
$1,110
Property tax / mo
$118
Down payment (20%)
$42,800

Knoxville at a glance

  • 20.5% of residents 25+ hold a bachelor's degree or higher.
  • 46.6% of occupied homes are owner-occupied.
  • Median household income is $50,994.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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