Knox County currently leans toward sellers, with the market gauge reading 37 and labeled a seller's market. Months of supply sit at about three, slightly above Indiana’s 2.8 months but still tilted toward seller advantage. At the same time, a median days on market of 34 suggests homes are taking a bit longer to move, giving buyers somewhat more breathing room than in a very hot market.
Home values have climbed notably, with the typical home value around $209,000 and up more than 33% year over year. The median list price is lower at about $173,000, but it has still risen nearly 8% over the past year, showing steady upward pressure on prices. Compared with the state, where the median sale price is roughly $284,000 and growing at a little over 3% annually, Knox County offers comparatively lower prices but faster appreciation.
Listing activity has picked up, with active listings up about 11% and new listings up nearly 8% year over year, helping keep supply from getting too tight. Sales are also more frequent, as homes sold increased about 27% year over year, even though only about 10% of properties are closing above list price and the average sale-to-list ratio sits near 95%. With conditions that favor sellers but still present opportunities for buyers, Agent Pronto can connect both buyers and sellers in Knox County with an experienced local agent who understands these trends.
