Northshore, Knoxville, TN—37912
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Northshore, Knoxville, TN
As of Oct '25, the median home price in Northshore, Knoxville, TN is $283,000, with a year-over-year change of 0.1%. This indicates that home prices in Northshore, Knoxville, TN are flat. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $283,000 | 0.1% |
| Single Family | $289,000 | 0.3% |
| Condos | $253,000 | 0.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $239,000 | 0.8% |
3 Bed | $297,000 | 0.0% |
4 Bed | $370,000 | -0.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Northshore, Knoxville, TN
As of July '25, Rentcast reports the average rent in Northshore, Knoxville, TN is $1,560, with a year-over-year rent change of -9.3%. Per bedroom, the median rent as of July '25 in Northshore, Knoxville, TN is studios: $963, 1-bedrooms: $1,010, 2-bedrooms: $1,390, 3-bedrooms: $2,210, 4-bedrooms: $2,360. The most common rental property sizes in Northshore, Knoxville, TN are 2-bedroom and 1-bedroom, accounting for 46.6% and 29.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,560 |
| Studio Rent | $999 | $963 |
| 1 Bed Rent | $1,050 | $1,010 |
| 2 Bed Rent | $1,350 | $1,390 |
| 3 Bed Rent | $2,160 | $2,210 |
| 4 Bed Rent | $2,360 | $2,360 |
% of Rental Stock
Property Listings — Northshore, Knoxville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Northshore, Knoxville, TN is 52. This is a increase of 30.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 48.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $326,000 | 7.0% |
Listing Count | 101 | 56.0% |
| Listings as % of Homes | 0.4% | 56.0% |
Days on Market | 52 | 30.0% |
Demographics — Northshore, Knoxville, TN
As of the latest ACS Survey released in 2023, Northshore, Knoxville, TN has a population of 22,000, which has decreased by -3.5% over the past 5 years. Northshore, Knoxville, TN is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 22.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,000 | -3.5% |
% Under 18 | 21.4% | -6.6% |
% Seniors | 13.5% | -0.7% |
% WFH | 5.1% | 75.9% |
% w/ College Degree | 22.6% | 11.3% |
As of the latest ACS Survey released in 2023, Northshore, Knoxville, TN is a predominantly white area, with 69.8% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Northshore, Knoxville, TN is black, making up 13.9% of the population. Foreign-born residents account for 11.7% of the population in Northshore, Knoxville, TN, and this percentage has increased by 101.7% 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 | 69.8% | -4.0% |
% Black | 13.9% | -23.6% |
% Hispanic | 10.9% | 153.5% |
% Asian | 1.1% | -38.9% |
% Foreign Born | 11.7% | 101.7% |
Mortgage and Risk — Northshore, Knoxville, TN
According to HUD data as of 2023, there were 515 mortgage originations in Northshore, Knoxville, TN, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Northshore, Knoxville, TN. Investor activity is low, as 6.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 515 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Northshore, Knoxville, TN
As of 2024, the percent of homes in Northshore, Knoxville, TN under the Section 8 program is 15.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Northshore, Knoxville, TN, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 782 |
Total Units Section 8 | 781 |
% Rentals under Section 8 | 15.1% |
% Occupied Section 8 | 76.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $1,050 | $1,200 |
| 2 Bedroom | $120 | $1,350 | $1,470 |
| 3 Bedroom | -$270 | $2,160 | $1,890 |
| 4 Bedroom | -$140 | $2,360 | $2,220 |
Affordability — Northshore, Knoxville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $283,000 |
| Median Household Income | $44,800 |