37886
Knoxville, Tennessee
Knoxville 37886 needs watching.
The 37886 ZIP code in Knoxville, Tennessee has a median sale price of $575K, down -2.7% year-over-year. Homes spend an average of 95 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 37886.
The 37886 market has entered a cooling phase, with the median sale price at $575,000 reflecting a 2.7% year-over-year decline. Properties are averaging 95 days on market, well above the typical velocity seen in balanced conditions. Notably, zero homes are selling above list price, indicating a fundamental shift in negotiating power away from sellers who dominated this segment in previous years.
This environment favors patient buyers with financing secured and inspection contingencies intact. The 95-day absorption rate and complete absence of bidding activity create leverage for price negotiations below ask. Sellers facing liquidity needs will struggle, while those able to wait for market stabilization should delay listings. Investors seeking cash-flow properties may find motivated sellers, but appreciation plays appear questionable given current price trajectory.
The PropIQ score of 45 signals deteriorating fundamentals that warrant caution on capital deployment. With prices already down 2.7% and absorption slowing, further downward pressure remains likely through Q2 2026. Monitor employment data in the Knoxville MSA and mortgage rate movements, as any additional softening in either metric could accelerate days-on-market into the 120-plus range and push price corrections beyond 5%.
What is the median home price in 37886 Knoxville?
The median sale price in 37886 is $575K, down -2.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Knoxville 37886?
Homes in 37886 Knoxville spend an average of 95 days on market before going under contract.
Is Knoxville 37886 a good place to invest in real estate?
Folio's PropIQ™ score for 37886 is 45/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 37886?
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 37886 Knoxville, Tennessee.