Knoxville, TN
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA purchase-only · 1991 Q1 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
All metro areas · this area is knoxville on the rankings
The index
Real and nominal, first quarter of the series = 100; the shaded band is 2007 to 2012.
How this is measured
Real terms deflate each quarter by that year's US CPI, stated in 2024 dollars; the CPI runs to 2024, so later quarters sit at 2024 prices until the next print. Purchase-only means repeat sales of the same homes with refinance appraisals excluded, the cleaner of FHFA's two indices, published for the 100 largest metro areas.
One year
One year real +1.6%
nominal +1.6%
Five years
Five years real +29.2%
nominal +49.5%
Ten years
Ten years real +87.4%
nominal +144.9%
Twenty-five years
Twenty-five years real +106.1%
nominal +265.1%
Since 2000
Since 2000 real +109.9%
nominal +282.4%
2007 to 2012
crash, real −21.6%
2007Q3 to 2011Q1
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 517.8 | 517.8 | real year on year +1.7% |
| 2025 Q4 | 509.0 | 509.0 | real year on year −1.0% |
| 2024 Q4 | 514.3 | 514.3 | real year on year +3.9% |
| 2023 Q4 | 481.0 | 495.2 | real year on year +7.2% |
| 2022 Q4 | 430.9 | 461.9 | real year on year +6.3% |
| 2021 Q4 | 375.5 | 434.7 | real year on year +17.6% |
| 2020 Q4 | 305.1 | 369.8 | real year on year +13.9% |
| 2019 Q4 | 264.5 | 324.5 | real year on year +5.3% |
| 2018 Q4 | 246.6 | 308.1 | real year on year +4.6% |
| 2017 Q4 | 230.2 | 294.6 | real year on year +4.7% |
| 2016 Q4 | 215.3 | 281.4 | real year on year +3.2% |
| 2015 Q4 | 206.2 | 272.9 | real year on year +3.7% |
| 2014 Q4 | 198.6 | 263.2 | real year on year +0.6% |
| 2013 Q4 | 194.4 | 261.7 | real year on year +2.5% |
| 2012 Q4 | 186.8 | 255.3 | real year on year −0.7% |
| 2011 Q4 | 184.3 | 257.1 | real year on year −2.1% |
| 2010 Q4 | 182.6 | 262.6 | real year on year −6.8% |
| 2009 Q4 | 192.7 | 281.8 | real year on year +0.1% |
| 2008 Q4 | 193.3 | 281.6 | real year on year −8.2% |
| 2007 Q4 | 202.9 | 306.9 | real year on year −0.0% |
| 2006 Q4 | 197.3 | 306.9 | real year on year +4.0% |
| 2005 Q4 | 183.7 | 295.1 | real year on year +4.2% |
| 2004 Q4 | 170.5 | 283.1 | real year on year +4.1% |
| 2003 Q4 | 159.5 | 272.0 | real year on year +3.8% |
| 2002 Q4 | 150.2 | 262.0 | real year on year +3.3% |
| 2001 Q4 | 143.2 | 253.7 | real year on year +0.5% |
| 2000 Q4 | 138.6 | 252.4 | real year on year −0.3% |
| 1999 Q4 | 134.4 | 253.0 | real year on year +1.3% |
| 1998 Q4 | 129.8 | 249.7 | real year on year +1.4% |
| 1997 Q4 | 126.1 | 246.4 | real year on year −0.2% |
| 1996 Q4 | 123.4 | 246.8 | real year on year +0.9% |
| 1995 Q4 | 118.8 | 244.7 | real year on year +0.6% |
| 1994 Q4 | 115.0 | 243.3 | real year on year +0.8% |
| 1993 Q4 | 111.1 | 241.3 | real year on year +1.2% |
| 1992 Q4 | 106.7 | 238.4 | real year on year −0.4% |
| 1991 Q4 | 103.9 | 239.4 | — |
2026 Q2518 · real 518real year on year +1.7%
2025 Q4509 · real 509real year on year −1.0%
2024 Q4514 · real 514real year on year +3.9%
2023 Q4481 · real 495real year on year +7.2%
2022 Q4431 · real 462real year on year +6.3%
2021 Q4375 · real 435real year on year +17.6%
2020 Q4305 · real 370real year on year +13.9%
2019 Q4264 · real 325real year on year +5.3%
2018 Q4247 · real 308real year on year +4.6%
2017 Q4230 · real 295real year on year +4.7%
2016 Q4215 · real 281real year on year +3.2%
2015 Q4206 · real 273real year on year +3.7%
Source
FHFA House Price Index, purchase-only, quarterly, not seasonally adjusted, CBSA 28940. Real terms by the World Bank's US consumer price index, annual.