37710
Knoxville, Tennessee
Knoxville 37710 needs watching.
The 37710 ZIP code in Knoxville, Tennessee has a median sale price of $121K, down N/A year-over-year. Homes spend an average of 113 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 37710.
The 37710 ZIP code demonstrates stagnant pricing dynamics, with a median sale point of $121,000 showing flat year-over-year performance. Market velocity has slowed considerably, with properties averaging 112.5 days to sale—well above typical spring and summer absorption rates. Most telling is the complete absence of above-list transactions, indicating zero competitive bidding pressure and suggesting buyers maintain full negotiating leverage in current conditions.
This environment favors patient buyers willing to negotiate and sellers who can absorb extended marketing periods without financial pressure. The 112.5-day absorption timeline eliminates urgency-based decision making, benefiting first-time buyers building inspection contingencies and due diligence into offers. Investors face limited appreciation potential given flat annual pricing, making cash flow analysis rather than speculation the only viable underwriting approach for rental acquisitions at the $121,000 entry point.
The PropIQ score of 45 signals deteriorating fundamentals that warrant systematic monitoring of inventory accumulation and foreclosure activity. Flat pricing combined with extended days-on-market typically precedes either demand recovery or price corrections within two quarters. Tracking month-over-month listing inventory changes and any movement in above-list sale percentage will provide the earliest indicators of directional shift, while current data suggests continued buyer advantage through Q1 2026.
What is the median home price in 37710 Knoxville?
The median sale price in 37710 is $121K, down N/A year-over-year as of 2025-10-31.
How long do homes stay on the market in Knoxville 37710?
Homes in 37710 Knoxville spend an average of 113 days on market before going under contract.
Is Knoxville 37710 a good place to invest in real estate?
Folio's PropIQ™ score for 37710 is 45/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 37710?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 45 = Caution in 37710 Knoxville, Tennessee.