37733
Knoxville, Tennessee
Knoxville 37733 needs watching.
The 37733 ZIP code in Knoxville, Tennessee has a median sale price of $170K, down N/A year-over-year. Homes spend an average of 17 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 54 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 37733.
The 37733 market shows conflicting signals with homes moving at an accelerated 17-day average while the median sale price holds at $170,000 with zero year-over-year appreciation. The complete absence of above-list transactions indicates buyers maintain full negotiating leverage despite the quick absorption rate. This disconnect between velocity and pricing power suggests inventory constraints rather than demand-driven momentum, as sellers cannot extract premium pricing even in a fast-moving environment.
Budget-conscious primary residence buyers gain the most advantage here, facing no bidding war pressure while securing properties in under three weeks. The flat price trajectory at $170,000 provides entry-level accessibility without the risk of overpaying in a frothy market. Investors seeking cash flow should proceed carefully, as zero appreciation year-over-year limits equity-building potential and the PropIQ score signals underlying weakness that could pressure rental demand or cap rate expansion.
The PropIQ intelligence score of 54 sits firmly in cautionary territory, indicating deteriorating fundamentals that warrant defensive positioning. Price stagnation combined with rapid sales suggests this market may be clearing distressed or motivated seller inventory rather than demonstrating organic strength. Monitor employment data and new listing volumes closely; continued flat pricing despite low days-on-market could precede either inventory flooding or demand contraction within the next two quarters.
What is the median home price in 37733 Knoxville?
The median sale price in 37733 is $170K, down N/A year-over-year as of 2019-07-31.
How long do homes stay on the market in Knoxville 37733?
Homes in 37733 Knoxville spend an average of 17 days on market before going under contract.
Is Knoxville 37733 a good place to invest in real estate?
Folio's PropIQ™ score for 37733 is 54/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 54 mean for 37733?
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 54 = Caution in 37733 Knoxville, Tennessee.