Knoxville, TN, Housing Market Update in 2025

Knoxville, Tennessee’s housing market is shifting dramatically in 2025. After years of rapid growth, home values are now cooling, indicating a potential opportunity for buyers. County-level trends reveal steep price cuts, high overvaluation, and slower sales activity.
Backed by data available on Reventure App, this article breaks down key indicators shaping the market and what lies ahead for Knoxville in 2026, whether you’re buying, selling, or investing.
Home Value Growth YoY in Knoxville, TN, Dropped to 0.9% in 2025
After experiencing a massive post-pandemic housing boom, Knoxville’s home value growth has sharply cooled. In 2025, the year-over-year (YoY) growth rate dropped to just 0.9%, a significant decline from the previous highs of recent years. This marks the slowest rate of appreciation since 2011, when home values were still recovering from the Great Recession.
Knoxville, TN’s home value growth dropped to 0.9% in 2025. Access the home value YoY growth graph of the metro here. [Link]
According to data available on Reventure App, Knoxville saw peak growth in 2022 with a staggering 23.2% YoY increase, following an already strong 19.8% gain in 2021. This surge was driven by pandemic-era demand, low interest rates, and migration trends that favored smaller metro areas.
However, rising mortgage rates, inflation, and affordability pressures have led to a dramatic slowdown. Even though 2023 and 2024 still posted relatively healthy growth of 5.8% and 8.4%, respectively, 2025’s near-zero appreciation suggests the market is entering a more balanced phase.
Buyers may benefit from the current cooling, but for sellers, the days of double-digit annual gains in Knoxville appear to be over, at least for now.
Housing Market Trends in the Counties of Knoxville, TN, in 2025
Knox County, posted modest YoY home value growth of 0.6%, alongside a high 34.8% price cut rate and an overvaluation of 37.4%, the highest among all listed counties. Homes here took an average of 48 days to sell, indicating a softening market.
Knox has the highest sales inventory (1,591) in the Knoxville, TN, metro area. Access the above map here. [Link]
Jefferson County showed stronger growth at 2.5%, with a 30.7% price cut rate and 55 days on market. Its overvaluation was 30.5%, slightly below Knox, but still notable. Campbell and Union counties saw identical growth rates of 1.4%, but Campbell faced steeper pricing pressure with 37.0% price cuts and 38.0% overvaluation. Union County fared better, with lower 26.6% price cuts and 19.9% overvaluation.
In Anderson County, home prices rose 2.2%, though a striking 55.5% overvaluation suggests elevated risk. Meanwhile, Loudon and Blount counties posted 1.2% and 1.6% growth, respectively, with overvaluation near 24%.
Roane (0.1%) and Grainger (0.2%) recorded minimal growth, while Morgan saw a -3.9% decline, the worst among these counties. According to data available on Reventure App, market corrections are clearly underway across much of the Knoxville region..
Knoxville, TN’s Housing Market Predictions for 2025 – 2026
The Knoxville, TN, housing market is projected to decline further throughout 2025–2026. According to the Reventure App, the Home Price Forecast Score for the metro stands at just 38 out of 100, indicating that it is now a buyers’ market. On Reventure App, a score below 45 denotes a declining market, 45–55 suggests stability and scores above 55 reflect appreciation.
Knowville, TN’s Home price forecast score reached 38/ 100 in 2025. Access the home price forecast score chart here. [Link]
The steep drop from a peak score of 76 in 2021–22 to only 38 by 2025–26 highlights extreme cooling in the market and highly reduced buyers’ demand. This downturn suggests more negotiating power for buyers, while sellers must price competitively and stay flexible to close deals. Both homeowners and investors should prepare for further weakening and reassess their strategies in this evolving market situation.
For buyers, sellers, and investors navigating Knoxville’s shifting market, timing and insight are everything. With Reventure’s premium plan for just $39/month, you gain access to state, metro, county, and ZIP code–level forecasts on inventory, pricing, value trends, and market strength. Whether you’re planning to buy smart, sell competitively, or track future moves, Reventure delivers the local data edge you need to stay ahead.










