Knox County’s housing market hit the brakes in December, with the median asking price for homes edging down to $425,000. Homes sat longer, fewer sellers jumped into the fray, and the whole scene looked a lot like a classic winter slow‑down rather than a full‑blown market shift.
Official numbers
The St. Louis Fed, which compiles Realtor.com housing inventory metrics, lists Knox County’s median listing price at $425,000 for December. That series puts the price about 1.1% lower than November’s $429,900 and slightly below December 2024’s $428,000.
Local snapshot
According to Knox News, which drew from Realtor.com’s county breakdown, the typical Knox County listing in December came in around 1,903 square feet and was priced at about $229 per square foot. The outlet also reports that roughly 414 new listings hit the market that month, a 6.3% decline from 442 a year earlier, and that the median days on market climbed to 69, up from 60 in November.
How Knox compares
According to Realtor.com, Tennessee’s median listing price hovered near $424,450 in December, while the national median checked in at $399,950. Nationally, the list price per square foot was close to $220, and the median days on market were about 73. That puts Knox County broadly in step with regional pacing, although its median price still sits above the national mark.
Knoxville metro context
Metro‑level trackers show the wider Knoxville area posting a higher median list price, roughly $444,438 in December, along with slightly larger typical homes at about 2,014 square feet. That combination pushed the metro list price to around $230 per square foot. The spread suggests Knoxville and its closer suburbs continue to command somewhat higher sticker prices than the broader county mix. Data compiled at Macrotrends helps flesh out those metro‑to‑county differences.
What it means for buyers and sellers
The December retreat lines up neatly with a well‑worn seasonal script: buyers hit pause around the holidays, sellers probe the upper edge of pricing, and the result is longer days on market along with a softer median. Realtor.com notes that national inventory gains can hide sharp local contrasts, so well‑priced, well‑staged homes are still getting attention while borderline listings are more likely to face price cuts.
Whether Knox County’s December slip is just a winter breather or the opening act of a broader cooling trend should come into focus as early 2026 data roll in. For a deeper local breakdown and detailed tables, see coverage from Knox News.
