Sequoyah Hills, Knoxville, TN—37924
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sequoyah Hills, Knoxville, TN
As of Oct '25, the median home price in Sequoyah Hills, Knoxville, TN is $328,000, with a year-over-year change of 0.5%. This indicates that home prices in Sequoyah Hills, Knoxville, TN are flat. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $328,000 | 0.5% |
| Single Family | $327,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $214,000 | -0.9% |
3 Bed | $334,000 | 1.2% |
4 Bed | $412,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sequoyah Hills, Knoxville, TN
As of July '25, Rentcast reports the average rent in Sequoyah Hills, Knoxville, TN is $2,310, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Sequoyah Hills, Knoxville, TN is 2-bedrooms: $1,280, 3-bedrooms: $2,270, 4-bedrooms: $3,290. The most common rental property sizes in Sequoyah Hills, Knoxville, TN are 2-bedroom and 3-bedroom, accounting for 39.5% and 36.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,310 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,280 | $1,280 |
| 3 Bed Rent | $2,250 | $2,270 |
| 4 Bed Rent | $2,820 | $3,290 |
% of Rental Stock
Property Listings — Sequoyah Hills, Knoxville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Sequoyah Hills, Knoxville, TN is 55. This is a increase of 9.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $390,000 | -5.0% |
Listing Count | 106 | 28.0% |
| Listings as % of Homes | 1.2% | 28.0% |
Days on Market | 55 | 9.0% |
Demographics — Sequoyah Hills, Knoxville, TN
As of the latest ACS Survey released in 2023, Sequoyah Hills, Knoxville, TN has a population of 14,700, which has increased by 22.3% over the past 5 years. Sequoyah Hills, Knoxville, TN is a moderately popular place for families, as children make up 24.2% of the population. The area has a moderately educated workforce, with 27.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,700 | 22.3% |
% Under 18 | 24.2% | 2.5% |
% Seniors | 13.6% | -12.3% |
% WFH | 7.6% | 181.5% |
% w/ College Degree | 27.6% | 30.8% |
As of the latest ACS Survey released in 2023, Sequoyah Hills, Knoxville, TN is a predominantly white area, with 76.4% of the population identifying as white. The white population has shrunk by 11.6% in the last 5 years. The second most common race or ethnicity in Sequoyah Hills, Knoxville, TN is black, making up 9.5% of the population. Foreign-born residents account for 8.0% of the population in Sequoyah Hills, Knoxville, TN, and this percentage has increased by 370.6% 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 | 76.4% | -11.6% |
% Black | 9.5% | 8.0% |
% Hispanic | 6.0% | 185.7% |
% Asian | 5.5% | 175.0% |
% Foreign Born | 8.0% | 370.6% |
Mortgage and Risk — Sequoyah Hills, Knoxville, TN
According to HUD data as of 2023, there were 277 mortgage originations in Sequoyah Hills, Knoxville, TN, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Sequoyah Hills, Knoxville, TN. Investor activity is low, as 1.0% 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 | 277 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Sequoyah Hills, Knoxville, TN
Sequoyah Hills, Knoxville, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 120 |
Total Units Section 8 | 45 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,120 |
| 2 Bedroom | $90 | $1,280 | $1,370 |
| 3 Bedroom | -$490 | $2,250 | $1,760 |
| 4 Bedroom | -$750 | $2,820 | $2,070 |
Affordability — Sequoyah Hills, Knoxville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $328,000 |
| Median Household Income | $73,800 |