The median sales price for homes in Knoxville TN for Aug 13 to Nov 13 was $155,575. This represents a decline of 7.5%, or $12,635, compared to the prior quarter and a decrease of 2.8% compared to the prior year. Sales prices have appreciated 5.8% over the last 5 years in Knoxville. The average listing price for Knoxville homes for sale on Trulia was $251,003 for the week ending Nov 27, which represents a decline of 4.7%, or $12,369, compared to the prior week and a decline of 2%, or $5,095, compared to the week ending Nov 06. Average price per square foot for Knoxville TN was $98, an increase of 8.9% compared to the same period last year. Popular neighborhoods in Knoxville include South Knoxville, Downtown Knoxville, Park City, Old North Knoxville, Parkridge, and Oakwood.