Explore Knoxville, TN - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
C+
Cap Rate
-2.19%
Investor Friendly Score
44.00%
Median Price
$320,000

Market Insights

The Knoxville housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price of $320,000 represents a moderate 8.8% increase from this time last year. With 3.0 months of supply, Knoxville's inventory levels remain relatively tight. Homes are taking about 52 days to sell, which is 10 days longer than this time last year. A significant 21.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 20.2% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Knoxville market with the affordability index at 7.8. Based on current market indicators, home prices in Knoxville are projected to decrease by approximately 5.5% over the next month.

Demographics market for - Knoxville, TN

Total Population -

186,258

White Population

76.13%

Black Population

17.05%

Mexican43.45% (2.21% of total population)
Puerto Rican13.19% (0.67% of total population)
Cuban4.82% (0.24% of total population)
Dominican0.92% (0.05% of total population)
Salvadoran3.67% (0.19% of total population)
Costa Rican0%
Gautemalan15.76% (0.80% of total population)
Honduran5.78% (0.29% of total population)
Nicaraguan0.35% (0.02% of total population)
Panamanian0%
Argentinean3.15% (0.16% of total population)
Bolivian1.24% (0.06% of total population)
Chilean0.20% (0.01% of total population)
Colombian5.20% (0.26% of total population)
Ecuadorian0.22% (0.01% of total population)
Peruvian1.17% (0.06% of total population)
Uruguyan0.05% (0.00% of total population)
Venezuelan0.84% (0.04% of total population)

Indian 9.09% (0.46% of total population)
Bangladeshi 0.06% (0.00% of total population)
Chinese 8.94% (0.45% of total population)
Bhutanese 0%
Burmese 0.16% (0.01% of total population)
Filipino 3.03% (0.15% of total population)
Hmong 0%
Indonesian 0.20% (0.01% of total population)
Japanese 0.77% (0.04% of total population)
Korean 5.08% (0.26% of total population)
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0.71% (0.04% of total population)
Pakistani 0.29% (0.01% of total population)
Srilankan 0.12% (0.01% of total population)
Taiwanese 0.46% (0.02% of total population)
Pakistani 0.29% (0.01% of total population)
Srilankan 0.12% (0.01% of total population)
Taiwanese 0.46% (0.02% of total population)
Thai 0.98% (0.05% of total population)
Vietnamese 2.59% (0.13% of total population)

Hawaiian0.77% (0.04% of total population)
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Knoxville, TN

Fraud Offenses79.37%
Counterfeiting/Forgery4.90%
Bribery0.35%
Extortion/Blackmail0.70%
Embezzlement14.69%

Destruction/Damage/Vandalism of Property16.34%
Larceny/Theft Offenses58.58%
Stolen Property Offenses1.47%
Burglary/Breaking & Entering10.87%
Motor Vehicle Theft12.75%

Homicide Offenses100.00%

Assault Offenses100.00%

Robbery100.00%

Kidnapping/Abduction19.51%
Sex Offenses21.95%
Kidnapping/Abduction56.10%
Sex Offenses2.44%

Real Estate Market Prediction for - Knoxville, TN

City Hotspots

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