37807 — Knox County, Tennessee Market Snapshot
Housing market data for zip code 37807 in Knox County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
24 sales in 2026 (year to date)
Median Sale Price
$312,500
Days to Sell
62
Homes Sold
24
Inventory
44
Sale-to-List
98.7%
New Listings
49
Price/SqFt
$224
Pending Sales
34
Conforming Loan Available
Most homebuyers in 37807 can comfortably use conventional financing. The median home price of $312,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 62 days on average, 37807 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 37807 (98.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 37807 can comfortably use conventional financing. The median home price of $312,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 37807 are set at the county level.
2026 Loan Limits — Knox County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 37807
To purchase the median home at $312,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,544.
Monthly Payment
$2,544
Income Required
$109,041
Principal & Interest
$1,926/mo
Down Payment (5%)
$15,625
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 37807.
Estimated Monthly Payment
$2,084
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