Knoxville, IA50138

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$200,000
1.9% YoY Growth
Median Household Income
$76,900
43.5% 5-Year Growth
Days on Market
74
84.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$925
1.8% YoY Growth
1-Bed Rent
$900
41.1% YoY Growth
2-Bed Rent
$895
7.8% YoY Growth
3-Bed Rent
$1,500
0.7% YoY Growth

Property Listings — Knoxville, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Knoxville, IA is 74. This is a increase of 84.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$262,000-1.0%
Listing Count
4919.0%
Listings as % of Homes0.5%19.0%
Days on Market
7484.0%
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Demographics — Knoxville, IA

As of the latest ACS Survey released in 2023, Knoxville, IA has a population of 11,400, which has decreased by -3.1% over the past 5 years. Knoxville, IA is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 28.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
11,400-3.1%
% Under 18
20.8%-12.2%
% Seniors
21.2%10.4%
% WFH
10.8%80.0%
% w/ College Degree
28.4%49.5%
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As of the latest ACS Survey released in 2023, Knoxville, IA is a predominantly white area, with 93.9% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Knoxville, IA is hispanic, making up 2.0% of the population. Foreign-born residents account for 1.5% of the population in Knoxville, IA, and this percentage has increased by 114.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.9%-0.5%
% Black
0.4%-60.0%
% Hispanic
2.0%-4.8%
% Asian
0.8%166.7%
% Foreign Born
1.5%114.3%
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Mortgage and Risk — Knoxville, IA

According to HUD data as of 2023, there were 219 mortgage originations in Knoxville, IA, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Knoxville, IA. Investor activity is low, as 5.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
219
% Conventional Loans
71.0%
% Government Loans
29.0%
% Investor Loans
5.0%
% Second Loans
0.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Knoxville, IA

Knoxville, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
251
Total Units Section 8
204
% Rentals under Section 8
N/A
% Occupied Section 8
96.2%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$160$900$740
2 Bedroom$45$895$940
3 Bedroom-$370$1,500$1,130
4 BedroomN/AN/A$1,250

Affordability — Knoxville, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.4
Median Home Price$200,000
Median Household Income$76,900

Knoxville, IA — ZIP Code Boundary Map

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Frequently Asked Questions