37772
Knoxville, Tennessee
Knoxville 37772 is stable.
The 37772 ZIP code in Knoxville, Tennessee has a median sale price of $598K, up +14.0% year-over-year. Homes spend an average of 81 days on market, with 15% of homes selling above list price.
Folio's PropIQ™ score of 65 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
The 37772 ZIP code is trading at a median sale price of $598,421, marking a substantial 14.0% year-over-year increase that outpaces most regional benchmarks. Properties are averaging 81 days on market, indicating measured absorption rather than frenetic turnover. Only 15% of homes are closing above asking price, a significant decline from the bidding war dynamics that characterized 2024-2025, suggesting buyers have regained negotiating leverage despite continued price appreciation.
This environment favors sellers with properly priced listings who can capitalize on the 14.0% annual gain while inventory remains constrained. The 81-day marketing period allows buyers adequate time for due diligence without artificial urgency, particularly benefiting primary residence purchasers over speculative investors. The 15% above-ask ratio indicates that aggressive list pricing will likely result in extended market time, rewarding sellers who price at or slightly below comparable sales.
The PropIQ score of 65 signals caution, suggesting the 14.0% appreciation rate may not be sustainable through 2026-2027. The combination of elevated days on market and weakening above-ask activity points to a market transitioning from seller dominance toward equilibrium. Buyers should monitor monthly sales velocity and new listing volume, as any acceleration in inventory could compress that 14.0% growth trajectory significantly within two quarters.
What is the median home price in 37772 Knoxville?
The median sale price in 37772 is $598K, up +14.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Knoxville 37772?
Homes in 37772 Knoxville spend an average of 81 days on market before going under contract.
Is Knoxville 37772 a good place to invest in real estate?
Folio's PropIQ™ score for 37772 is 65/100 — a Caution signal. 15% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 37772?
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 65 = Caution in 37772 Knoxville, Tennessee.