How competitive is the Knoxville housing market?

Knoxville is competitive as of May 2026, with a Sold Score of 61/100 (Good Chance of Selling). **Pending ratio** is 0.69 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +3.8% — more choices for buyers than a year ago. **Median days on market** is 51. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 47.7% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 61/100 (Good Chance of Selling) · Pending ratio: 0.69 · Inventory YoY: +3.8% · Median days on market: 51 · Sellers cutting price: 47.7% · Median listing price: $462,450 (+0.5% YoY)