37920 — Knox County, Tennessee Market Snapshot
Housing market data for zip code 37920 in Knox County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
155 sales in 2026 (year to date)
Median Sale Price
$363,118
Days to Sell
62
Homes Sold
155
Inventory
198
Sale-to-List
98.0%
New Listings
229
Price/SqFt
$216
Pending Sales
227
Conforming Loan Available
Most homebuyers in 37920 can comfortably use conventional financing. The median home price of $363,118 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, 37920 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
The average home in 37920 sells for 2.0% below asking price (98.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 37920 can comfortably use conventional financing. The median home price of $363,118 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 37920 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 37920
To purchase the median home at $363,118 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,932.
Monthly Payment
$2,932
Income Required
$125,661
Principal & Interest
$2,237/mo
Down Payment (5%)
$18,156
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 37920.
Estimated Monthly Payment
$2,397
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