Fort Sanders, Knoxville, TN—37902
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fort Sanders, Knoxville, TN
As of Oct '25, the median home price in Fort Sanders, Knoxville, TN is $637,000, with a year-over-year change of 4.2%. This indicates that home prices in Fort Sanders, Knoxville, TN are increasing. According to Zillow, the 1-year price projection is 4.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $637,000 | 4.2% |
| Single Family | N/A | N/A |
| Condos | $611,000 | 4.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $414,000 | 3.8% |
2 Bed | $684,000 | 4.0% |
3 Bed | $885,000 | 1.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fort Sanders, Knoxville, TN
As of July '25, Rentcast reports the average rent in Fort Sanders, Knoxville, TN is $3,080, with a year-over-year rent change of 22.2%. Per bedroom, the median rent as of July '25 in Fort Sanders, Knoxville, TN is studios: $1,810, 1-bedrooms: $1,660, 2-bedrooms: $3,780, 3-bedrooms: $3,620. The most common rental property sizes in Fort Sanders, Knoxville, TN are 1-bedroom and 2-bedroom, accounting for 61.3% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $3,080 |
| Studio Rent | $1,810 | $1,810 |
| 1 Bed Rent | $1,750 | $1,660 |
| 2 Bed Rent | $2,900 | $3,780 |
| 3 Bed Rent | $3,500 | $3,620 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fort Sanders, Knoxville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Fort Sanders, Knoxville, TN is 91. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $621,000 | -6.0% |
Listing Count | 67 | 178.0% |
| Listings as % of Homes | 0.3% | 178.0% |
Days on Market | 91 | 0.0% |
Demographics — Fort Sanders, Knoxville, TN
As of the latest ACS Survey released in 2023, Fort Sanders, Knoxville, TN has a population of 2,310, which has decreased by -1.7% over the past 5 years. Fort Sanders, Knoxville, TN is a less popular place for families, as children make up 3.3% of the population. The area has a highly educated workforce, with 54.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,310 | -1.7% |
% Under 18 | 3.3% | -29.8% |
% Seniors | 12.6% | 41.6% |
% WFH | 27.4% | 285.9% |
% w/ College Degree | 54.8% | -10.7% |
As of the latest ACS Survey released in 2023, Fort Sanders, Knoxville, TN is a predominantly white area, with 85.3% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Fort Sanders, Knoxville, TN is black, making up 6.4% of the population. Foreign-born residents account for 4.8% of the population in Fort Sanders, Knoxville, TN, and this percentage has increased by 37.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.3% | -1.0% |
% Black | 6.4% | 60.0% |
% Hispanic | 1.5% | -73.7% |
% Asian | 3.1% | 181.8% |
% Foreign Born | 4.8% | 37.1% |
Mortgage and Risk — Fort Sanders, Knoxville, TN
According to HUD data as of 2023, there were 18 mortgage originations in Fort Sanders, Knoxville, TN, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Fort Sanders, Knoxville, TN. Investor activity is high, as 17.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 18 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 17.0% |
% Second Loans | 22.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Fort Sanders, Knoxville, TN
Fort Sanders, Knoxville, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 279 |
Total Units Section 8 | 279 |
% Rentals under Section 8 | 23.3% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $1,750 | $1,580 |
| 2 Bedroom | -$960 | $2,900 | $1,940 |
| 3 Bedroom | -$1,010 | $3,500 | $2,490 |
| 4 Bedroom | N/A | N/A | $2,930 |
Affordability — Fort Sanders, Knoxville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.8 |
| Median Home Price | $637,000 |
| Median Household Income | $56,400 |