ZIP Code Market Report
37931 — Knoxville, TN
Data through February 2026 · Updated monthly
Avg Home Value
$426,216
▲ 0.7% year-over-year
Month-over-Month
-0.2%
▼ 0.2%
Single Family
$427,227
Condo / Co-op
$378,779
The average home value in the 37931 ZIP code (Knoxville, Tennessee) is $426,216 as of February 2026. Home prices are stable, up 0.7% compared to last year.
A 3-bedroom home in 37931 is valued at $401,258. Single-family homes average $427,227, while condos average $378,779.
The market in 37931 has a $208,670 spread between bottom-tier homes at $323,959 and top-tier homes at $532,629. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 37931 ZIP code will increase 0.8% over the next 12 months, bringing the projected average to approximately $429,625. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Campbell County market area in Tennessee. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Campbell County report.
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Market Snapshot
37931 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $428,328 | $427,037 | $426,216 | ▼ 0.5% |
| Single Family Value | $425,501 | $426,366 | $427,227 | ▲ 0.4% |
Home Values
37931 Home Value Trend
Historical home values for ZIP code 37931. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 37931
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $288,892 |
| 3 Bedrooms | $401,258 |
| 4 Bedrooms | $493,396 |
Property Types
Home Values by Property Type in 37931
How different property types compare in this ZIP code.
All Homes
$426,216
Single Family
$427,227
Condo / Co-op
$378,779
Bottom Tier
$323,959
Top Tier
$532,629
Forecast
12-Month Home Value Forecast for 37931
Zillow projects home values in 37931 will increase 0.8% over the next year, reaching approximately $429,625.
Current Value
$426,216
Projected Change
+0.8%
▲ 0.8%
Projected Value
$429,625
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 37931 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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