Bearden, Knoxville, TN—37921
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bearden, Knoxville, TN
As of Oct '25, the median home price in Bearden, Knoxville, TN is $285,000, with a year-over-year change of 1.5%. This indicates that home prices in Bearden, Knoxville, TN are increasing. According to Zillow, the 1-year price projection is 4.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $285,000 | 1.5% |
| Single Family | $285,000 | 1.8% |
| Condos | $286,000 | 2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $150,000 | 0.0% |
2 Bed | $192,000 | 2.1% |
3 Bed | $300,000 | 1.4% |
4 Bed | $349,000 | 0.9% |
| 5 Bed | $404,000 | 1.3% |
% of Housing Stock
Rental Trends — Bearden, Knoxville, TN
As of July '25, Rentcast reports the average rent in Bearden, Knoxville, TN is $1,960, with a year-over-year rent change of -6.7%. Per bedroom, the median rent as of July '25 in Bearden, Knoxville, TN is 1-bedrooms: $1,170, 2-bedrooms: $1,500, 3-bedrooms: $2,210, 4-bedrooms: $2,440. The most common rental property sizes in Bearden, Knoxville, TN are 2-bedroom and 3-bedroom, accounting for 55.5% and 29.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,050 | $1,960 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,170 |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $2,190 | $2,210 |
| 4 Bed Rent | $2,420 | $2,440 |
% of Rental Stock
Property Listings — Bearden, Knoxville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Bearden, Knoxville, TN is 41. This is a increase of 10.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $302,000 | -1.0% |
Listing Count | 151 | 84.0% |
| Listings as % of Homes | 0.5% | 84.0% |
Days on Market | 41 | 10.0% |
Demographics — Bearden, Knoxville, TN
As of the latest ACS Survey released in 2023, Bearden, Knoxville, TN has a population of 29,100, which has increased by 8.4% over the past 5 years. Bearden, Knoxville, TN is a popular place for families, as children make up 25.6% of the population. The area has a moderately educated workforce, with 26.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,100 | 8.4% |
% Under 18 | 25.6% | 6.2% |
% Seniors | 13.2% | 5.6% |
% WFH | 10.7% | 224.2% |
% w/ College Degree | 26.6% | 12.2% |
As of the latest ACS Survey released in 2023, Bearden, Knoxville, TN is a predominantly white area, with 66.8% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Bearden, Knoxville, TN is black, making up 19.2% of the population. Foreign-born residents account for 6.0% of the population in Bearden, Knoxville, TN, and this percentage has increased by 9.1% 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 | 66.8% | -4.4% |
% Black | 19.2% | 10.3% |
% Hispanic | 8.6% | 2.4% |
% Asian | 0.7% | -30.0% |
% Foreign Born | 6.0% | 9.1% |
Mortgage and Risk — Bearden, Knoxville, TN
According to HUD data as of 2023, there were 661 mortgage originations in Bearden, Knoxville, TN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Bearden, Knoxville, TN. Investor activity is low, as 5.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 661 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Bearden, Knoxville, TN
As of 2024, the percent of homes in Bearden, Knoxville, TN under the Section 8 program is 31.4%. 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 and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Bearden, Knoxville, TN, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,558 |
Total Units Section 8 | 1,366 |
% Rentals under Section 8 | 31.4% |
% Occupied Section 8 | 76.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $1,200 | $1,340 |
| 2 Bedroom | $140 | $1,500 | $1,640 |
| 3 Bedroom | -$80 | $2,190 | $2,110 |
| 4 Bedroom | $50 | $2,420 | $2,470 |
Affordability — Bearden, Knoxville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $285,000 |
| Median Household Income | $57,800 |