37923 — Knox County, Tennessee Market Snapshot
Housing market data for zip code 37923 in Knox County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
68 sales in 2026 (year to date)
Median Sale Price
$429,950
Days to Sell
40
Homes Sold
68
Inventory
92
Sale-to-List
99.5%
New Listings
105
Price/SqFt
$220
Pending Sales
114
Conforming Loan Available
Most homebuyers in 37923 can comfortably use conventional financing. The median home price of $429,950 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
37923's market is balanced with homes taking an average of 40 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 37923 (99.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 37923 can comfortably use conventional financing. The median home price of $429,950 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 37923 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 37923
To purchase the median home at $429,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,444.
Monthly Payment
$3,444
Income Required
$147,606
Principal & Interest
$2,649/mo
Down Payment (5%)
$21,498
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 37923.
Estimated Monthly Payment
$2,811
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