Knoxville VA Loan Rates, Closing Costs & Stats

KNOXVILLE, TN

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    • A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

    The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

    For additional benefits of VA loans, click here.

    Knoxville's 130 lenders originated 1,340 VA loans during 2023. The total origination value was $479,870,000, with an average VA loan value of $358,112.

    Knoxville VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Knoxville averaged 6.63% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Knoxville's average VA mortgage closing costs are $6,210.

    The average rate for the prior week (2025-02-07) was 6.27% and one month ago for the week of 2025-01-10, the average rate was 6.5%.

    The average rate one year ago was 6.33%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.75%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Knoxville VA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Knoxville level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 206 6.68% $6,638
    MORTGAGE INVESTORS GROUP, INC. 107 6.31% $8,334
    UNITED WHOLESALE MORTGAGE, LLC 95 6.33% $11,001
    QUICKEN LOANS, LLC 92 6.30% $12,142
    NAVY FEDERAL CREDIT UNION 54 5.73% $6,878
    MOVEMENT MORTGAGE, LLC 49 6.39% $8,713
    FREEDOM MORTGAGE CORPORATION 38 6.33% $15,184
    FIRST COMMUNITY MORTGAGE, INC. 35 5.89% $7,883
    USAA Federal Savings Bank 31 6.34% $8,665
    NEW DAY FINANCIAL, LLC 30 7.50% $14,300
    CMG MORTGAGE, INC. 28 6.40% $11,025
    CARDINAL FINANCIAL 28 6.47% $19,515
    DHI MORTGAGE COMPANY, LTD. 27 6.72% $7,079
    PENNYMAC LOAN SERVICES, LLC 27 5.50% $13,132
    LOANDEPOT.COM, LLC 26 6.12% $12,572
    The Federal Savings Bank 21 6.27% $13,114
    UNION HOME MORTGAGE CORP. 16 6.33% $9,590
    CROSSCOUNTRY MORTGAGE, LLC 13 6.74% $11,521
    NEWREZ LLC 13 6.22% $10,973
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 12 6.25% $6,135
    STOCKTON MORTGAGE CORPORATION 12 6.27% $10,471
    MORTGAGE SOLUTIONS OF COLORADO, LLC 12 7.21% $4,810
    Gateway First Bank 12 6.72% $7,884
    AMERISAVE MORTGAGE CORPORATION 11 5.78% $15,650
    Mr. Cooper ( Nationstar Mortgage ) 9 5.86% $16,563
    PENTAGON FEDERAL CREDIT UNION 8 6.00% $10,909
    THRIVE MORTGAGE, LLC 8 5.92% $15,575
    VANDERBILT MORTGAGE AND FINANCE, INC. 7 5.77% $8,171
    TOWNE MORTGAGE COMPANY 7 7.07% $8,726
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 7 6.34% $9,824
    EVERETT FINANCIAL, INC. 7 6.89% $8,339
    FirstBank 6 6.17% $7,907
    LAKEVIEW LOAN SERVICING, LLC 6 6.04% $9,996
    BROKER SOLUTIONS, INC. 6 6.35% $8,758
    Equity Prime Mortgage LLC 6 7.21% $14,901
    NBKC BANK 5 6.15% $5,349
    Pinnacle Bank 5 5.93% $11,181
    GUARANTEED RATE, INC. 5 6.19% $4,208
    Regions Bank 5 5.83% $5,949
    AMERICAN PACIFIC MORTGAGE CORPORATION 5 6.45% $14,406
    VERITAS FUNDING, LLC 5 6.15% $20,680
    Magnolia Bank 4 6.28% $21,510
    AMCAP MORTGAGE, LTD. 4 6.31% $9,523
    AMERICAN FINANCIAL NETWORK, INC. 4 6.73% $23,465
    Citizens Bank 4 6.38% $8,636
    Countybank 4 6.75% $8,438
    GUILD MORTGAGE COMPANY 4 6.06% $19,690
    ABSOLUTE HOME MORTGAGE CORPORATION 4 7.31% $15,695
    NFM, INC. 4 6.03% $14,707
    RELIANCE FIRST CAPITAL, LLC 4 6.75% $13,192
    Renasant Bank 4 6.06% $7,591
    Sierra Pacific Mortgage Company, Inc. 4 6.53% $5,477
    SUN WEST MORTGAGE COMPANY, INC. 4 6.42% $12,096
    VILLAGE CAPITAL MORTGAGE 4 5.85% $17,686
    Wells Fargo Bank 3 6.04% $3,821
    Simmons Bank 3 6.17% $18,818
    CHURCHILL MORTGAGE CORPORATION 3 6.92% $11,566
    CONTOUR MORTGAGE CORPORATION 3 6.42% $11,293
    NexBank 3 5.83% $5,779
    First Federal Bank 3 6.21% $14,308
    Paramount Residential Mortgage Group, Inc. 3 6.38% $8,348
    Mid-Continent Funding, Inc. 3 6.25% $6,042
    Nations Lending Corporation 3 6.92% $13,868
    Waterstone Mortgage Corporation 3 5.79% $9,318
    Barrington Bank & Trust Company, N.A. 3 6.58% $11,970
    VAN DYK MORTGAGE CORPORATION 3 6.29% $12,710
    Truist 3 6.20% $6,716
    U.S. Bank 2 6.50% $5,992
    JPMorgan Chase Bank 2 6.56% $1,114
    Princeton Mortgage Corporation 2 6.69% $6,834
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.94% $14,983
    LOANPAL, LLC 2 5.44% $13,711
    NATIONWIDE MORTGAGE BANKERS, INC. 2 6.44% $26,711
    MORTGAGEONE, INC. 2 7.69% $874
    Century Mortgage Company DBA Century Lending Company 2 6.31% $9,619
    Atlantic Coast Mortgage, LLC 2 5.75% $7,858
    SUMMIT FUNDING, INC. 2 6.69% $5,588
    T2 FINANCIAL LLC 2 6.56% $16,837
    Northpointe Bank 2 6.50% $4,554
    The Loan Store, Inc. 2 6.49% $4,569
    CALIBER HOME LOANS, INC. 2 5.69% $16,483
    ALAMEDA MORTGAGE CORPORATION 2 6.63% $7,413
    ISERVE RESIDENTIAL LENDING, LLC 2 6.63% $15,074
    United Community Bank 2 6.06% $17,231
    AMERICAN FINANCING CORPORATION 2 6.00% $15,020
    Sunflower Bank 1 6.13% $7,410
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.25% $7,539
    Armed Forces Bank 1 5.50% $10,444
    TOP FLITE FINANCIAL, INC. 1 6.38% $4,242
    Ameris Bank 1 6.50% $7,088
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.99% $11,351
    ALLIED MORTGAGE GROUP, INC. 1 7.63% $3,785
    Franklin Loan Corporation 1 6.13% $14,580
    FirstTrust Home Loans, Inc. 1 7.75% $14,962
    GMFS LLC 1 5.63% $15,009
    GUARANTEED RATE AFFINITY, LLC 1 6.25% $10,250
    First Internet Bank of Indiana 1 5.75% $2,745
    US MORTGAGE CORPORATION 1 6.25% $23,483
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.00% $19,479
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.88% $2,823
    HomePromise Corporation 1 7.50% $15,586
    HOMESIDE FINANCIAL, LLC 1 6.25% $14,808
    Hometown Equity Mortgage, LLC 1 6.38% $5,364
    INTERCOASTAL MORTGAGE COMPANY 1 7.38% $7,686
    LADERA LENDING, INC. 1 6.00% $3,429
    EASTMAN 1 7.00% $5,332
    MANN FINANCIAL INC. 1 6.75% $20,344
    Meridian Bank Corporation 1 6.50% $3,900
    MID AMERICA MORTGAGE, INC. 1 5.63% $4,110
    DIRECT LENDERS, LLC 1 6.50% $9,359
    DAS Acquisition Company, LLC 1 7.00% $6,439
    CU COMMUNITY, LLC 1 6.38% $4,690
    COMMUNITY MORTGAGE CORPORATION 1 6.13% $19,244
    M&T Bank 1 6.75% $7,833
    NATIONS DIRECT MORTGAGE, LLC 1 7.25% $6,637
    Community First National Bank 1 6.75% $4,875
    CITYWIDE HOME LOANS, LLC 1 5.75% $6,331
    CALCON MUTUAL MORTGAGE LLC 1 7.00% $23,556
    Bell Bank 1 5.75% $7,221
    PINNACLE LENDING GROUP, INC. 1 6.75% $12,649
    PLANET HOME LENDING, LLC 1 5.88% $8,353
    PLAZA HOME MORTGAGE, INC. 1 6.75% $14,603
    PREMIA MORTGAGE, LLC 1 5.50% $0
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.13% $1,145
    BancorpSouth 1 6.00% $3,560
    ACADEMY MORTGAGE CORPORATION 1 6.13% $7,972
    Wolfe Financial, Inc 1 7.25% $7,955
    ROSS MORTGAGE CORPORATION 1 5.75% $10,095
    ROYAL UNITED MORTGAGE LLC 1 7.63% $9,702
    SUCCESS MORTGAGE PARTNERS, INC. 1 5.99% $40,487

    The top Knoxville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 206 VA loans originated. Their average total fees are $6,638, which is $1,696 lower than the next largest lender, MORTGAGE INVESTORS GROUP, INC..

    The lowest fee Knoxville VA lenders (with over 10 loans originated) are MORTGAGE SOLUTIONS OF COLORADO, LLC ($4,810), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,135), Mortgage Research Center, LLC ($6,638), NAVY FEDERAL CREDIT UNION ($6,878) and DHI MORTGAGE COMPANY, LTD. ($7,079).

    The lowest rate Knoxville VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.50%), NAVY FEDERAL CREDIT UNION (5.73%), AMERISAVE MORTGAGE CORPORATION (5.78%), FIRST COMMUNITY MORTGAGE, INC. (5.89%) and LOANDEPOT.COM, LLC (6.12%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Knoxville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $249,900 (13.6%) $346,453 (10.4%) 0.93 3,472
    2018-02-01 $250,000 (10.8%) $351,699 (9.7%) 0.92 3,282
    2018-03-01 $264,900 (14.0%) $372,486 (13.3%) 0.93 3,243
    2018-04-01 $274,900 (10.4%) $380,424 (10.6%) 0.93 3,292
    2018-05-01 $279,600 (11.9%) $387,875 (12.0%) 0.93 3,371
    2018-06-01 $279,000 (11.6%) $388,618 (12.9%) 0.93 3,471
    2018-07-01 $271,250 (8.5%) $383,909 (11.6%) 0.92 3,675
    2018-08-01 $269,900 (8.0%) $377,511 (5.1%) 0.90 3,730
    2018-09-01 $265,000 (6.0%) $374,700 (3.9%) 0.90 3,777
    2018-10-01 $262,250 (4.9%) $374,023 (6.7%) 0.89 3,777
    2018-11-01 $260,000 (3.2%) $379,917 (9.2%) 0.90 3,608
    2018-12-01 $259,975 (4.0%) $373,580 (8.1%) 0.90 3,366
    2019-01-01 $263,449 (5.4%) $375,038 (8.3%) 0.92 3,053
    2019-02-01 $267,225 (6.9%) $379,270 (7.8%) 0.91 2,976
    2019-03-01 $278,471 (5.1%) $384,032 (3.1%) 0.91 2,954
    2019-04-01 $291,950 (6.2%) $389,403 (2.4%) 0.93 2,946
    2019-05-01 $297,225 (6.3%) $394,354 (1.7%) 0.94 2,974
    2019-06-01 $299,500 (7.4%) $396,933 (2.1%) 0.94 3,049
    2019-07-01 $299,900 (10.6%) $403,278 (5.1%) 0.94 3,035
    2019-08-01 $295,755 (9.6%) $401,406 (6.3%) 0.94 3,072
    2019-09-01 $289,536 (9.3%) $394,299 (5.2%) 0.93 3,107
    2019-10-01 $284,900 (8.6%) $389,376 (4.1%) 0.92 3,106
    2019-11-01 $284,900 (9.6%) $397,068 (4.5%) 0.93 2,992
    2019-12-01 $282,266 (8.6%) $396,003 (6.0%) 0.94 2,756
    2020-01-01 $279,950 (6.3%) $403,969 (7.7%) 0.94 2,496
    2020-02-01 $285,000 (6.7%) $412,457 (8.8%) 0.94 2,334
    2020-03-01 $299,950 (7.7%) $421,559 (9.8%) 0.95 2,203
    2020-04-01 $299,950 (2.7%) $413,176 (6.1%) 0.94 2,316
    2020-05-01 $310,000 (4.3%) $427,524 (8.4%) 0.95 2,198
    2020-06-01 $324,900 (8.5%) $445,025 (12.1%) 0.96 1,968
    2020-07-01 $329,900 (10.0%) $452,669 (12.3%) 0.96 1,755
    2020-08-01 $329,999 (11.6%) $444,950 (10.9%) 0.95 1,637
    2020-09-01 $322,950 (11.5%) $440,686 (11.8%) 0.92 1,501
    2020-10-01 $319,900 (12.3%) $441,539 (13.4%) 0.92 1,505
    2020-11-01 $310,000 (8.8%) $440,996 (11.1%) 0.91 1,537
    2020-12-01 $301,273 (6.7%) $435,457 (10.0%) 0.90 1,344
    2021-01-01 $312,423 (11.6%) $448,070 (10.9%) 0.93 1,135
    2021-02-01 $309,900 (8.7%) $457,918 (11.0%) 0.90 858
    2021-03-01 $309,945 (3.3%) $468,070 (11.0%) 0.87 744
    2021-04-01 $329,450 (9.8%) $484,842 (17.4%) 0.89 679
    2021-05-01 $339,376 (9.5%) $481,525 (12.6%) 0.89 769
    2021-06-01 $343,550 (5.7%) $481,311 (8.2%) 0.90 911
    2021-07-01 $325,000 (-1.5%) $461,970 (2.1%) 0.86 1,043
    2021-08-01 $330,831 (0.3%) $480,613 (8.0%) 0.88 1,161
    2021-09-01 $329,675 (2.1%) $483,955 (9.8%) 0.88 1,159
    2021-10-01 $325,000 (1.6%) $487,894 (10.5%) 0.87 1,171
    2021-11-01 $333,050 (7.4%) $506,391 (14.8%) 0.89 1,046
    2021-12-01 $340,000 (12.9%) $515,896 (18.5%) 0.92 869
    2022-01-01 $350,000 (12.0%) $538,574 (20.2%) 0.95 722
    2022-02-01 $375,000 (21.0%) $551,206 (20.4%) 0.98 614
    2022-03-01 $371,500 (19.9%) $544,334 (16.3%) 0.92 695
    2022-04-01 $389,900 (18.4%) $548,189 (13.1%) 0.93 788
    2022-05-01 $399,950 (17.9%) $566,696 (17.7%) 0.91 1,046
    2022-06-01 $402,500 (17.2%) $548,005 (13.9%) 0.89 1,329
    2022-07-01 $415,000 (27.7%) $539,841 (16.9%) 0.93 1,586
    2022-08-01 $413,725 (25.1%) $545,408 (13.5%) 0.96 1,654
    2022-09-01 $422,475 (28.2%) $554,424 (14.6%) 0.99 1,710
    2022-10-01 $424,900 (30.7%) $546,876 (12.1%) 1.00 1,813
    2022-11-01 $425,000 (27.6%) $544,704 (7.6%) 1.02 1,849
    2022-12-01 $429,000 (26.2%) $552,392 (7.1%) 1.06 1,588
    2023-01-01 $439,450 (25.6%) $553,371 (2.8%) 1.09 1,422
    2023-02-01 $450,000 (20.0%) $567,869 (3.0%) 1.10 1,243
    2023-03-01 $467,500 (25.8%) $580,569 (6.7%) 1.11 1,185
    2023-04-01 $479,900 (23.1%) $610,017 (11.3%) 1.12 1,128
    2023-05-01 $482,500 (20.6%) $636,233 (12.3%) 1.10 1,165
    2023-06-01 $475,000 (18.0%) $654,346 (19.4%) 1.07 1,282
    2023-07-01 $475,000 (14.5%) $657,326 (21.8%) 1.08 1,427
    2023-08-01 $477,450 (15.4%) $665,603 (22.0%) 1.11 1,540
    2023-09-01 $475,000 (12.4%) $668,599 (20.6%) 1.11 1,661
    2023-10-01 $474,500 (11.7%) $641,875 (17.4%) 1.12 1,914
    2023-11-01 $462,463 (8.8%) $636,646 (16.9%) 1.10 2,023
    2023-12-01 $459,900 (7.2%) $623,330 (12.8%) 1.12 2,019
    2024-01-01 $457,950 (4.2%) $629,753 (13.8%) 1.12 1,873
    2024-02-01 $459,950 (2.2%) $642,220 (13.1%) 1.10 1,709
    2024-03-01 $450,000 (-3.7%) $640,639 (10.4%) 1.06 1,728
    2024-04-01 $464,950 (-3.1%) $659,120 (8.1%) 1.08 1,805
    2024-05-01 $485,000 (0.5%) $669,419 (5.2%) 1.11 1,961
    2024-06-01 $469,900 (-1.1%) $648,482 (-0.9%) 1.07 2,154
    2024-07-01 $469,450 (-1.2%) $629,933 (-4.2%) 1.07 2,377
    2024-08-01 $469,900 (-1.6%) $623,650 (-6.3%) 1.08 2,510
    2024-09-01 $454,950 (-4.2%) $610,001 (-8.8%) 1.07 2,650
    2024-10-01 $452,450 (-4.7%) $606,791 (-5.5%) 1.06 2,711
    2024-11-01 $450,000 (-2.7%) $605,375 (-4.9%) 1.08 2,881
    2024-12-01 $449,450 (-2.3%) $599,619 (-3.8%) 1.12 2,675
    2025-01-01 $439,437 (-4.0%) $586,181 (-6.9%) 0.00 2,534
    Knoxville's median listing price for 2025-01-01 was $439,437, a difference of $-18,513 (-4.0%) versus the prior year and $-10,013 versus the prior month.

    Knoxville's median listing price comes in at 0% of the national average.

    Knoxville's average listing price for 2025-01-01 was $586,181, a difference of $-43,572 (-6.9%) versus the prior year and $-13,438 versus the prior month.

    For the 2025-01-01 period, Knoxville had 2,534 MLS listings, a difference of -141 listings (-5%) versus the prior month and 661 listings (35%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Knoxville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 86 days 2,188 sqft
    2018-02-01 82 days 2,188 sqft
    2018-03-01 66 days 2,254 sqft
    2018-04-01 56 days 2,288 sqft
    2018-05-01 53 days 2,306 sqft
    2018-06-01 55 days 2,303 sqft
    2018-07-01 57 days 2,306 sqft
    2018-08-01 59 days 2,274 sqft
    2018-09-01 63 days 2,252 sqft
    2018-10-01 67 days 2,254 sqft
    2018-11-01 71 days 2,264 sqft
    2018-12-01 78 days 2,231 sqft
    2019-01-01 85 days 2,219 sqft
    2019-02-01 78 days 2,206 sqft
    2019-03-01 66 days 2,249 sqft
    2019-04-01 57 days 2,316 sqft
    2019-05-01 54 days 2,348 sqft
    2019-06-01 57 days 2,374 sqft
    2019-07-01 59 days 2,390 sqft
    2019-08-01 59 days 2,363 sqft
    2019-09-01 60 days 2,307 sqft
    2019-10-01 61 days 2,274 sqft
    2019-11-01 64 days 2,236 sqft
    2019-12-01 74 days 2,211 sqft
    2020-01-01 84 days 2,200 sqft
    2020-02-01 75 days 2,200 sqft
    2020-03-01 58 days 2,246 sqft
    2020-04-01 56 days 2,271 sqft
    2020-05-01 60 days 2,286 sqft
    2020-06-01 58 days 2,303 sqft
    2020-07-01 54 days 2,319 sqft
    2020-08-01 50 days 2,250 sqft
    2020-09-01 50 days 2,225 sqft
    2020-10-01 46 days 2,200 sqft
    2020-11-01 47 days 2,127 sqft
    2020-12-01 55 days 2,077 sqft
    2021-01-01 68 days 2,083 sqft
    2021-02-01 75 days 2,049 sqft
    2021-03-01 46 days 1,995 sqft
    2021-04-01 42 days 2,057 sqft
    2021-05-01 32 days 2,056 sqft
    2021-06-01 32 days 2,085 sqft
    2021-07-01 35 days 2,007 sqft
    2021-08-01 35 days 2,003 sqft
    2021-09-01 39 days 1,997 sqft
    2021-10-01 39 days 1,991 sqft
    2021-11-01 42 days 1,992 sqft
    2021-12-01 46 days 1,980 sqft
    2022-01-01 49 days 2,000 sqft
    2022-02-01 36 days 2,003 sqft
    2022-03-01 27 days 1,988 sqft
    2022-04-01 25 days 2,030 sqft
    2022-05-01 25 days 2,070 sqft
    2022-06-01 28 days 2,113 sqft
    2022-07-01 32 days 2,139 sqft
    2022-08-01 37 days 2,102 sqft
    2022-09-01 41 days 2,121 sqft
    2022-10-01 43 days 2,150 sqft
    2022-11-01 48 days 2,164 sqft
    2022-12-01 59 days 2,174 sqft
    2023-01-01 67 days 2,193 sqft
    2023-02-01 53 days 2,218 sqft
    2023-03-01 45 days 2,220 sqft
    2023-04-01 39 days 2,221 sqft
    2023-05-01 36 days 2,248 sqft
    2023-06-01 36 days 2,234 sqft
    2023-07-01 35 days 2,227 sqft
    2023-08-01 40 days 2,228 sqft
    2023-09-01 42 days 2,200 sqft
    2023-10-01 40 days 2,216 sqft
    2023-11-01 44 days 2,201 sqft
    2023-12-01 54 days 2,169 sqft
    2024-01-01 67 days 2,148 sqft
    2024-02-01 64 days 2,119 sqft
    2024-03-01 47 days 2,078 sqft
    2024-04-01 43 days 2,108 sqft
    2024-05-01 38 days 2,150 sqft
    2024-06-01 40 days 2,143 sqft
    2024-07-01 44 days 2,150 sqft
    2024-08-01 46 days 2,153 sqft
    2024-09-01 51 days 2,138 sqft
    2024-10-01 52 days 2,125 sqft
    2024-11-01 55 days 2,094 sqft
    2024-12-01 64 days 2,065 sqft
    2025-01-01 0 days 2,027 sqft
    Knoxville's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Knoxville's median square footage for active listings during the 2025-01-01 period was 2,027 sqft. One year prior, the average listing was 2,148 sqft.

    VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.