House Prices

Murphy Hills Knoxville, TN House Prices & Home Values 2026


Average Data

average house price$212,392
average size per house1550 ft²
average price per ft²129 $ / ft²

04/16/2026 - The value range (VR) for house prices in Murphy Hills Knoxville, TN is $122.55/ sqft to $135.45/ sqft. An average home with 1550 sqft costs approximately $178,176 to $196,931. Knoxville, TN includes 1 ZIP codes and it is located in Knox county. The lowest prices are found in ZIP 37918, while the highest are in ZIP 37918. The average price per sqare feet is $129. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Murphy Hills Knoxville

37918129 $ / ft²




Historical development of home values in Murphy Hills Knoxville

Year Estimated value (USD) Change vs. 2025
2010 $98,639 -53.6%
2011 $94,824 -55.4%
2012 $94,569 -55.5%
2013 $98,104 -53.8%
2014 $102,982 -51.5%
2015 $108,267 -49.0%
2016 $113,917 -46.4%
2017 $120,066 -43.5%
2018 $126,704 -40.3%
2019 $132,579 -37.6%
2020 $139,433 -34.4%
2021 $158,590 -25.3%
2022 $184,880 -13.0%
2023 $194,964 -8.2%
2024 $206,243 -2.9%
2025 $212,392 0.0%

Graph: estimated home values in Murphy Hills Knoxville over time (USD)



Example: 100% financing house in Murphy Hills Knoxville

Loan amount: $212,392

Interest rate: 5.63%

Fixed monthly payment: $1,223.05

Breakdown in the 1st month:
Interest portion: $996.12  –  Principal portion: $226.93

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,882.07 $2,794.54 $209,597.46
2 $11,720.67 $2,955.94 $206,641.53
3 $11,549.95 $3,126.66 $203,514.87
4 $11,369.37 $3,307.23 $200,207.64
5 $11,178.36 $3,498.24 $196,709.39
6 $10,976.32 $3,700.28 $193,009.11
7 $10,762.61 $3,913.99 $189,095.12
8 $10,536.56 $4,140.04 $184,955.08
9 $10,297.46 $4,379.15 $180,575.93
10 $10,044.54 $4,632.07 $175,943.87
11 $9,777.02 $4,899.59 $171,044.28
12 $9,494.04 $5,182.56 $165,861.72
13 $9,194.73 $5,481.88 $160,379.84
14 $8,878.12 $5,798.48 $154,581.35
15 $8,543.23 $6,133.37 $148,447.98
16 $8,189.00 $6,487.60 $141,960.37
17 $7,814.31 $6,862.29 $135,098.08
18 $7,417.98 $7,258.62 $127,839.45
19 $6,998.76 $7,677.84 $120,161.61
20 $6,555.33 $8,121.27 $112,040.34
21 $6,086.29 $8,590.32 $103,450.02
22 $5,590.16 $9,086.45 $94,363.57
23 $5,065.37 $9,611.23 $84,752.34
24 $4,510.28 $10,166.33 $74,586.01
25 $3,923.13 $10,753.48 $63,832.54
26 $3,302.06 $11,374.54 $52,457.99
27 $2,645.13 $12,031.48 $40,426.52
28 $1,950.26 $12,726.35 $27,700.17
29 $1,215.25 $13,461.36 $14,238.81
30 $437.79 $14,238.81 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Murphy Hills Knoxville, TN


1500 sqft3900 sqft
Ø selling price$219,619$467,189
Ø fast selling$199,654$420,470
Ø high price sale$239,584$513,908

In 2026, houses in Murphy Hills Knoxville, TN will be offered at an average price of $129 per square foot. A 1,500 sqft home priced at $219,619 is 21.57% more expensive per square foot than a 3,900 sqft home priced at $467,189. Home prices in Murphy Hills Knoxville, TN vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $323,439. Sellers who can wait longer may achieve a higher price of up to $395,314.


Murphy Hills, Knoxville TN Neighborhood Guide

Discover Murphy Hills, a welcoming neighborhood in Knoxville, TN known for its quiet streets and convenient city access. This quick guide highlights lifestyle, amenities, and real estate insights to help you explore homes in the area.

Location & Lifestyle

Set within Knoxville?s established residential corridors, Murphy Hills delivers a suburban feel with quick connections to major employers and campus life. Tree-lined roads and friendly sidewalks make daily walks, jogging, and dog outings a simple pleasure. Residents appreciate the neighborhood?s calm vibe while staying close to shopping, dining, and essential services.

Homes & Real Estate

Housing in Murphy Hills features a range of well-kept homes, often with yards and outdoor space for entertaining. Buyers searching for Knoxville homes for sale will find Murphy Hills attractive for its value, established character, and convenient commute options.

Amenities & Access

Nearby parks, greenways, and fitness facilities support an active lifestyle, while local eateries and grocers keep errands close to home. Proximity to major roadways streamlines daily travel, and area schools and childcare options add family-friendly appeal.

Why Consider Murphy Hills

If you?re considering homes for sale in Murphy Hills, Knoxville, TN, this neighborhood blends comfort, accessibility, and community into a smart long-term choice.



FAQ – Home Values in Murphy Hills Knoxville

What is the median home value in Murphy Hills Knoxville in 2026?

In 2026, the typical home value in Murphy Hills Knoxville is about $212,392 for an average home size of 1550 square feet. This corresponds to an average price of roughly $129 per square foot.

What is the average cost per square foot in Murphy Hills Knoxville?

In 2026, homes in Murphy Hills Knoxville sell for an average of around $129 per square foot, with a typical range between $122.55 and $135.45 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Murphy Hills?

The average home size in Murphy Hills Knoxville is about 1550 square feet, with an estimated 2026 value around $212,392.



Neighborhoods close to Murphy Hills Knoxville, TN

Central Gardens Memphis, TN325 $ / ft²
Woodland Oak Ridge, TN141 $ / ft²
Rock Harbor New Tazewell, TN252 $ / ft²
Ladd Landing Kingston, TN213 $ / ft²
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