Knoxville, IA
Housing market overview · Updated weekly
$243,750median sale price
Homes sold
2
Last 12 weeks
Days on market
56
Average pace
Active listings
22
11.0 months supply
Sale-to-list
92.9%
Below asking
The Knoxville housing market is currently classified as a buyer's market with a median sale price of $243,750. Prices have risen 35.4% compared to last year, with homes spending an average of 56 days on market, indicating 11.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Knoxville?
The median home sale price in Knoxville is $243,750, up 35.4% from last year.
How long do homes stay on market in Knoxville?
Homes typically spend 56 days on market before going under contract.
Is Knoxville a buyer's or seller's market?
With 11.0 months of supply, Knoxville is currently a buyer's market.
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