Going the other way · Mon, Oct 26 · No. 3
Two homes raised their asking price; the biggest jump was $35,000 in Knoxville
5504 Chapman Hwy, Knoxville, TN 37920 in Knoxville went from $324,900 to $359,900 (10.8% higher). Fair or a stretch? You be the judge.
An increase on an active listing is rare enough to print on its own. 5504 Chapman Hwy, Knoxville, TN 37920 in Knoxville moved up to $359,900 from $324,900; 943 Spring Park Rd, Knoxville, TN 37914 in Knoxville moved up to $259,999 from $249,999.
Two homes moved the other way, raising the asking price. The largest rise was $35,000 at 5504 Chapman Hwy, Knoxville, TN 37920 in Knoxville, now asking $359,900.
5504 Chapman Hwy, Knoxville, TN 37920 in Knoxville is a house with 3 bedrooms, 2 baths, and 1,527 sq ft, a lot of 0.4 acres, built in 1950. It has been on the market 60 days, listed by CENTURY 21 Legacy. The asking price was $324,900 and is now $359,900, up $35,000 (10.8%). That is $236 per square foot, against a median asking of $234 per square foot across Knoxville this edition, $2 higher per square foot.
943 Spring Park Rd, Knoxville, TN 37914 in Knoxville is a house with 2 bedrooms, 2 baths, and 1,290 sq ft, a lot of 0.12 acres, built in 2001. It has been on the market 66 days, listed by CENTURY 21 Legacy. The asking price was $249,999 and is now $259,999, up $10,000 (4%). That is $202 per square foot, against a median asking of $234 per square foot across Knoxville this edition, $32 lower per square foot.
Knoxville has 2,055 active listings this edition, with a median asking price of $410,000 and a median of 54 days on the market. Beyond this one, Knoxville saw 28 asking-price cuts and no increases this edition. The Knoxville page lists every home there.
Across the whole market the Gazette counts 12,617 active listings with a median asking price of $349,900. The median asking price works out to $236 per square foot. The median time on the market is 79 days. The by-the-numbers page sets out every city, with the charts.
Edition No. 3 covers Oct 25 to Oct 26, and in that window 55 new listings came on, 89 price cuts were recorded, two price increases were recorded, and 80 listings left the active market.
In the news that names Knoxville: Source: Knoxville voters could change to city council elections if charter amendment approved, WATE 6 (Knoxville), Oct 26. Source: Lady Vol Softball star to lead UT Knoxville Homecoming parade, WATE 6 (Knoxville), Oct 26. Each headline links to the publisher's own page; the Gazette adds no commentary.
How to read this page. An asking price is the number a seller and a listing office have chosen to publish. It is not what a home changes hands for and it is not an appraisal, and a change in an asking price is a fact about one listing, recorded on the day the Gazette saw it, not a forecast of what comes next. Each address here links to the listing itself, with its photos and the office that holds it, and that office is the one to ask for a showing.
This story is part of the Monday, October 26, 2026 edition. More from the Gazette on Knoxville housing news. The listings behind it: homes listed in Knoxville.