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Real estate in Knoxville’s Norwood neighborhood.

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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Norwood real estate Market Report.

Information and statistics on the latest trends in the Norwood real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$339K
-0.2% from Q1 '26
Median list price
$327K
-2.3% from Q1 '26
Active listings
23
+21% from Q1 '26
Homes sold
14
+75% from Q1 '26
New pendings
13
+30% from Q1 '26
New listings
11
+57% from Q1 '26

Quarterly Pricing Trends for Norwood

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Norwood Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $205K Median sale price in Jul 2021 - Sep 2021: $225K Median sale price in Oct 2021 - Dec 2021: $260K Median sale price in Jan 2022 - Mar 2022: $240K Median sale price in Apr 2022 - Jun 2022: $261K Median sale price in Jul 2022 - Sep 2022: $260K Median sale price in Oct 2022 - Dec 2022: $256K Median sale price in Jan 2023 - Mar 2023: $293K Median sale price in Apr 2023 - Jun 2023: $295K Median sale price in Jul 2023 - Sep 2023: $309K Median sale price in Oct 2023 - Dec 2023: $290K Median sale price in Jan 2024 - Mar 2024: $303K Median sale price in Apr 2024 - Jun 2024: $312K Median sale price in Jul 2024 - Sep 2024: $329K Median sale price in Oct 2024 - Dec 2024: $320K Median sale price in Jan 2025 - Mar 2025: $303K Median sale price in Apr 2025 - Jun 2025: $303K Median sale price in Jul 2025 - Sep 2025: $283K Median sale price in Oct 2025 - Dec 2025: $320K Median sale price in Jan 2026 - Mar 2026: $340K Median list price in Apr 2021 - Jun 2021: $222K Median list price in Jul 2021 - Sep 2021: $232K Median list price in Oct 2021 - Dec 2021: $215K Median list price in Jan 2022 - Mar 2022: $255K Median list price in Apr 2022 - Jun 2022: $260K Median list price in Jul 2022 - Sep 2022: $290K Median list price in Oct 2022 - Dec 2022: $260K Median list price in Jan 2023 - Mar 2023: $283K Median list price in Apr 2023 - Jun 2023: $287K Median list price in Jul 2023 - Sep 2023: $413K Median list price in Oct 2023 - Dec 2023: $285K Median list price in Jan 2024 - Mar 2024: $305K Median list price in Apr 2024 - Jun 2024: $335K Median list price in Jul 2024 - Sep 2024: $300K Median list price in Oct 2024 - Dec 2024: $340K Median list price in Jan 2025 - Mar 2025: $330K Median list price in Apr 2025 - Jun 2025: $305K Median list price in Jul 2025 - Sep 2025: $300K Median list price in Oct 2025 - Dec 2025: $347K Median list price in Jan 2026 - Mar 2026: $335K Apr 2021 - Jun 2021 Median sale price $205K Median list price $222K Jul 2021 - Sep 2021 Median sale price $225K Median list price $232K Oct 2021 - Dec 2021 Median sale price $260K Median list price $215K Jan 2022 - Mar 2022 Median sale price $240K Median list price $255K Apr 2022 - Jun 2022 Median sale price $261K Median list price $260K Jul 2022 - Sep 2022 Median sale price $260K Median list price $290K Oct 2022 - Dec 2022 Median sale price $256K Median list price $260K Jan 2023 - Mar 2023 Median sale price $293K Median list price $283K Apr 2023 - Jun 2023 Median sale price $295K Median list price $287K Jul 2023 - Sep 2023 Median sale price $309K Median list price $413K Oct 2023 - Dec 2023 Median sale price $290K Median list price $285K Jan 2024 - Mar 2024 Median sale price $303K Median list price $305K Apr 2024 - Jun 2024 Median sale price $312K Median list price $335K Jul 2024 - Sep 2024 Median sale price $329K Median list price $300K Oct 2024 - Dec 2024 Median sale price $320K Median list price $340K Jan 2025 - Mar 2025 Median sale price $303K Median list price $330K Apr 2025 - Jun 2025 Median sale price $303K Median list price $305K Jul 2025 - Sep 2025 Median sale price $283K Median list price $300K Oct 2025 - Dec 2025 Median sale price $320K Median list price $347K Jan 2026 - Mar 2026 Median sale price $340K Median list price $335K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
18
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Norwood currently leans toward sellers, with the market gauge signaling a seller’s market even as conditions have been shifting. With only 1.4 months of supply compared to Knoxville’s 4.4 months, inventory is tight on a rolling three-month basis and keeps leverage tilted toward sellers.

Looking at prices over this rolling three-month window, the typical home value is about $339,000, down slightly year over year even as the broader Knoxville area has seen modest price gains. At the same time, the median list price is up around 6% from a year ago, suggesting sellers are testing higher asking prices despite softer closed-sale values.

Activity has picked up, with homes sold rising more than 20% year over year while new listings are down over 13%, which intensifies competition for available properties. Homes are also moving faster, as median days on market have dropped sharply compared with last year, and nearly half of listings go off the market within two weeks even though only about 14% sell above list price and the average sale-to-list ratio sits just under 100%. Buyers and sellers who want to navigate these mixed signals in Norwood can turn to Agent Pronto to connect with a local real estate agent who understands the numbers and the trends.



Learn more about what Norwood has to offer.

Norwood offers residents a walkable, tight-knit community with small-town charm, convenient local amenities, green spaces, and engaging neighborhood events.

Norwood in Knoxville offers practical convenience with quick access to I‑640 and I‑75, making commuting to downtown Knoxville or nearby employment centers straightforward. The neighborhood features a mix of single family homes, townhomes, and established streets that attract both long time residents and newcomers looking for everyday livability.

Daily essentials are easy to reach, with grocery options, services, and medical offices along Merchant Drive and Clinton Highway. Nearby Victor Ashe Park provides green space, walking trails, a dog park, and sports fields, while Badgett Field supports local youth athletics. Families often look to nearby schools within Knox County Schools and use the Norwood Branch Library as a community resource for programs and study space.

Recreation and entertainment are close at hand. Residents can reach downtown Knoxville for cultural attractions and events, or explore waterfront and walking options along the Tennessee Riverfront and nearby Third Creek Greenway. Dining ranges from local eateries along Clinton Highway to broader choices across Knox County.

Whether you are planning to buy or sell in Norwood, a local real estate expert can help you navigate pricing, school zones, and commuting patterns with less stress. Agent Pronto connects you with an agent who understands Norwood’s everyday advantages so your move feels more manageable from the start.

Find your Norwood real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Katelyn put up with a lot considering I was out of state and unable to be available for her when she needed me. She had to take control of a number of situations and she did it with class. She was informative, helpful, and kept me in the loop at all times. Katelyn was great!”

Dicki Kennedy · Dandridge, TN

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Castle & Associates Real Estate
“I contacted Pronto because we needed to sell a deceased relative's home in Tennessee, while we live in Ohio. Agent Pronto put us in touch with two agents, and we chose Amber Vittetoe who was nothing short of fabulous. She provided us with many resources that we wouldn't have known about since we're not local, and she was extremely responsive 24/7. We couldn't have asked for a better agent. Thank you!”

Sue H. · Sevierville, TN

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MG Rise Realty
“Khristian was extremely helpful in buying my home. I truly felt at home and at ease working with him. He made sure I was aware of everything going on, and took me to every home I wanted to see.”

Dalton Pharris · Mount Juliet, TN

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Keller Williams First Class Real Estate
“Jessica is an amazing Realtor. She truly cares about the people she works with and goes above and beyond to make her clients transition a smooth one. We just loved working with her and will definitely work with her again. She is great for vacation homes too both in the Smokies and Panama City Beach FL. Her knowledge of short term rentals helped us tremendously.”

Burke · Cosby, TN

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Realty One Group Emerald Coast
“Great results pleasure working with her woild recommend her with anyone selling or buying a property”

Clint · Mosheim, TN

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RE/MAX Real Estate Ten Midtown
“Rasa Baldino proved to be an excellent realtor and was wonderful to work with. She offered valuable recommendations regarding the decor and appearance of our cabin. We implemented those recommendations which helped attract potential buyers and the cabin sold quickly thereafter. We have recommended Rasa to others and will definitely use her again should the opportunity arise.”

Curt 26 Shannon · Pigeon Forge, TN

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Century 21 MVP
“Matthew demonstrated excellent realtor service. From communicating, providing assistance and more, this is tge type of serivice you would look for an a realtor!”

TK · Nashville, TN

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EXP Realty
“Ruby Alexander is excellent at everything she does. She previously helped us purchase our home. Ruby is professional, knowledgeable, honest, hard-working, friendly, intuitive, and resourceful. She goes above and beyond the call of duty. We would not have wanted to take the journey of buying or selling our home with anyone else.”

John W. · Johnson City, TN

“John was great to work with, never actually met him as we live in another state. He was quick to respond with any questions/requests I had and was always professional. I would work with him again for sure.”

Debbie O. · Gatlinburg, TN

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Realty Executives Smoky Mountains
“Tammy was a pleasure to work with. She was always pleasant and patient throughout the whole process. She was always there for us even through the closing. Tammy is a superb agent.”

Leo & Jan M. · Jamestown, TN

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LPT Realty Team Smith Group
“Joan Clark, we thank you from our hearts for your tireless and timeless efforts to find our dream house. Your know-how of the area of Knoxville, TN, friendly attitude, and great creativity were of great asset for us not familiar with the area. Thank you very, very much!”

Bo T. · Knoxville, TN

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Keller Williams Realty

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Norwood. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.