Maryville, TN – The housing market in the United States has continued its frenzy, albeit at a slower pace, with rising home prices still gripping many regions, including the Knoxville, TN metro area. As buyers compete for a limited supply of homes, prices for affordable properties have continued to climb, even as mortgage rates rise and market growth begins to slow in some parts of the country.
According to recent data compiled by Stacker using information from Zillow, the typical home value in the United States reached $359,741 in March 2025, reflecting a 1.2% increase compared to the same month the previous year. Despite this general trend of price increases, some areas are seeing even steeper rises, while others have experienced declines due to the impact of higher mortgage rates.
In the Knoxville metro area, certain cities are still witnessing significant jumps in home prices, particularly Kingston and Maynardville, where demand is clearly outpacing supply. These areas have seen impressive gains over both the past year and the past five years.
Kingston, TN, for instance, saw its typical home value increase by $9,849, or 3.2%, in the past year alone. Over the past five years, the city has experienced a remarkable 53.1% increase in home prices, amounting to a total of $108,889. This growth suggests Kingston is becoming an increasingly attractive option for homebuyers, likely driven by its appeal as a quieter, suburban location within commuting distance of Knoxville.
Similarly, Maynardville, TN, has experienced a robust housing market, with the typical home value rising by $10,271, or 3.9%, in the past year. Over the last five years, the city has seen an extraordinary 72.9% surge in home prices, equating to an increase of $115,328. The rapid growth in Maynardville can be attributed to a combination of factors, including the appeal of more affordable housing compared to Knoxville itself and the area’s growing reputation as a desirable community.
Despite the overall slowdown in the housing market due to rising mortgage rates, areas like Kingston and Maynardville are still seeing a marked demand for homes. The limited supply of housing in these regions, coupled with continued buyer interest, has contributed to the upward pressure on prices. With the typical home value in the Knoxville metro area continuing to climb, these areas remain attractive for prospective homeowners seeking more affordable options in the greater Knoxville region.
As the housing market evolves in the wake of the pandemic, cities such as Kingston and Maynardville are proving that even amid slowing growth, there are still opportunities for substantial real estate appreciation. However, as mortgage rates continue to rise, it remains to be seen how long these trends can persist in the face of changing economic conditions.
For now, buyers and sellers alike are left navigating a complex market where competition for homes is high, and prices remain elevated, albeit with signs of a potential shift as the year progresses.
