Knox County, Tennessee · Wholesaling

Wholesaling Real Estate in Knox County, Tennessee

Wholesaling in Knox County is a fast, low-capital way to earn from real estate. Instead of buying and fixing a house yourself, you secure the right to buy it at a discount and assign that contract to an investor who pays you a fee.

Assign contractsCash buyersProbate leadsPre-foreclosureAbsentee owners

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Knox County, Tennessee areas and ZIP codes map for real estate investors
$429,000
Median listing price (up 0.9%)
3,429
Active listings in Knox County
57 days
Average time on market
$2,049
Median rent (up 2.4%)

Market data: Realtor.com Knox County housing market, October 2026. Zillow Home Value Index for Knox County: $377,971 (up 1.3% from a year earlier), August 2026. View homes on Zillow.

Carolynn Castillo, ForeclosuresDaily.com customer

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Listed and sold 25 properties and personally bought and sold four fix-and-flip properties, all generated from probate leads.

Carolynn Castillo
Realtor & Broker · eXp Realty

Local market snapshot

Why wholesale real estate in Knox County?

Wholesaling needs little capital because you control a property with a contract and an earnest money deposit, not a mortgage. In addition, your buyer handles the repairs, so you never manage contractors, and many assignments close in weeks rather than months.

Knox County is home to about 511,000 residents, and its county seat is Knoxville. Its ZIP codes span communities such as Corryton, Powell, Kimberlin Height, and Concord, and motivated-seller situations such as inherited homes, tired rentals, and pre-foreclosures show up across all of them.

With a population of this size, Knox County produces a steady flow of probate filings, divorces, and foreclosure notices every year. Investors who track these records and reach owners early tend to find the best off-market deals.

Knox County wholesale real estate investors finding off-market deals
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Shannon Thompson
Investor · Joe Homebuyer of Atlanta

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Step-by-step

How does wholesaling real estate work in Knox County?

Every wholesale deal follows the same path, from the first lead to the assignment fee:

Find a distressed property

Initially, use targeted lead generation to find owners with a reason to sell, such as heirs, tired landlords, or owners facing foreclosure.

Run the numbers

Next, estimate the after-repair value (ARV) from nearby sales, because your offer depends on it.

Sign a purchase contract

Then agree on a price that leaves room for your buyer’s profit as well as your assignment fee.

Find a cash buyer

After that, match the deal with a flipper, landlord, or other cash buyer from your list.

Assign the contract

In addition, transfer your rights under the contract to the buyer in exchange for your fee.

Collect your fee

Finally, the title company or closing attorney usually pays your assignment fee at closing.

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Andrew Litchfield
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Find a deal

How do you calculate a wholesale offer in Knox County?

Every offer starts with the ARV, which is what the home will be worth once it is fixed. For example, the 70% Rule says your buyer should pay no more than 70% of ARV minus repairs. Because your assignment fee comes out of that number, your contract price must be even lower.

For instance, here is the math using the Knox County median listing price as the ARV, an 8% repair budget, and a typical assignment fee.

Wholesale offer example

ARV$429,000
70% of ARV − repairs ($34,000)$266,300
Your assignment fee− $13,000
Your contract price$253,300
Jeremy Resmer, ForeclosuresDaily.com customer

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Zip codes

Knox County ZIP codes to watch

Start your search in these Knox County ZIP codes, and then expand as you learn which areas your buyers want. Next, choose a ZIP code from the menu to open its investing data.

CorrytonZIP 37721$385,000Wholesale

Corryton (37721) market snapshot

$385,000 ▲ 5.3%Median listing price
$234Price per sq ft
45 days ▼ 21.1%Days on market
$1,827 ▼ 9.4%Median rent
106 ▲ 4.2%Active listings
5.7%Gross rent yield

In addition, the Zillow Home Value Index is $330,708 (up 2.4% from a year earlier) as of August 2026.

Corryton, also known as Corryton Village, is an unincorporated bedroom community in northeastern Knox County, Tennessee, about 15 miles northeast of Knoxville. The United States Geographic Names System classifies Corryton as a populated place. It is included in Knoxville Metropolitan Statistical Area.

Investor note: Unincorporated area: permits, liens, and code enforcement are handled by the township or county, so pull records there. Commuter suburb: owner-occupant demand helps retail resales and quick assignments. Pull probate, pre-foreclosure, and absentee-owner leads for 37721 to find motivated sellers here.

Max offer when the ARV equals the median price$385,000 × 70% − $31,000 repairs = $238,500 max offer

Also see the full 37721 market report on Realtor.com →Then view 37721 homes on Zillow →

PowellZIP 37849$399,900Wholesale

Powell (37849) market snapshot

$399,900 ▲ 0.3%Median listing price
$210Price per sq ft
53 days ▼ 7.7%Days on market
$2,110 ▲ 7%Median rent
161 ▼ 0.7%Active listings
6.3%Gross rent yield

In addition, the Zillow Home Value Index is $362,196 (up 2.6% from a year earlier) as of August 2026.

Powell, formerly known as Powell Station, is a census-designated place in Knox County, Tennessee. The area is located in the Emory Road corridor, just north of Knoxville, southeast of Clinton, and east of Oak Ridge. It is included in the Knoxville, TN Metropolitan Statistical Area. Population: 13,802.

Max offer when the ARV equals the median price$399,900 × 70% − $32,000 repairs = $247,930 max offer

Also see the full 37849 market report on Realtor.com →Then view 37849 homes on Zillow →

KnoxvilleZIP 37909$425,000Wholesale

Knoxville (37909) market snapshot

$425,000 ▲ 1.4%Median listing price
$231Price per sq ft
39 days ▼ 8.2%Days on market
$2,000 ▼ 4.8%Median rent
52 ▲ 5.5%Active listings
5.6%Gross rent yield

In addition, the Zillow Home Value Index is $379,389 (up 0.9% from a year earlier) as of August 2026.

Knoxville is a city in Knox County, Tennessee, and its county seat. Located on the Tennessee River within the Appalachian Mountains, it is the largest city in the Grand Division of East Tennessee. The Knoxville metropolitan area has an estimated 958,000 residents. Settled in 1786, Knoxville was the first capital of Tennessee. Population: 190,740 (2020 census). ZIP 37909 covers the southwestern part of Knoxville, about 4 miles from the center of the city.

Investor note: Has its own local government, so check its code-violation, vacant-property, and rental-registration lists. Water nearby: view and water-access homes often sell at a premium, so compare ARV carefully and check flood zones. Industrial history: older housing stock often needs updates, which suits fix-and-flip buyers.

Max offer when the ARV equals the median price$425,000 × 70% − $34,000 repairs = $263,500 max offer

Also see the full 37909 market report on Realtor.com →Then view 37909 homes on Zillow →

KnoxvilleZIP 37914$299,000Flip & wholesale

Knoxville (37914) market snapshot

$299,000 ▲ 5.2%Median listing price
$211Price per sq ft
64 days ▲ 21.8%Days on market
$1,625 ▲ 20.4%Median rent
163 ▼ 5.8%Active listings
6.5%Gross rent yield

In addition, the Zillow Home Value Index is $254,236 (down 0.2% from a year earlier) as of August 2026.

ZIP 37914 covers the eastern part of Knoxville, about 7 miles from the center of the city.

Investor note: Values vary across Knoxville, so compare comps within this ZIP rather than citywide.

Max offer when the ARV equals the median price$299,000 × 70% − $24,000 repairs = $185,300 max offer

Also see the full 37914 market report on Realtor.com →Then view 37914 homes on Zillow →

KnoxvilleZIP 37916$485,000Wholesale

Knoxville (37916) market snapshot

$485,000 ▲ 4.5%Median listing price
$476Price per sq ft
56 days ▲ 4.6%Days on market
n/aMedian rent
20 ▲ 122.2%Active listings
n/aGross rent yield

In addition, the Zillow Home Value Index is $491,185 (up 7.6% from a year earlier) as of August 2026.

ZIP 37916 covers the southeastern part of Knoxville, about 2 miles from the center of the city.

Investor note: Close to the city center, where older homes and rentals are common, so check rental-registration and code-violation records.

Max offer when the ARV equals the median price$485,000 × 70% − $39,000 repairs = $300,500 max offer

Also see the full 37916 market report on Realtor.com →Then view 37916 homes on Zillow →

KnoxvilleZIP 37918$389,900Wholesale

Knoxville (37918) market snapshot

$389,900 ▲ 4%Median listing price
$220Price per sq ft
50 days ▼ 12.3%Days on market
$1,650 ▼ 10.8%Median rent
312 ▲ 16.1%Active listings
5.1%Gross rent yield

In addition, the Zillow Home Value Index is $332,277 (up 0.7% from a year earlier) as of August 2026.

ZIP 37918 covers the northeastern part of Knoxville, about 6 miles from the center of the city.

Max offer when the ARV equals the median price$389,900 × 70% − $31,000 repairs = $241,930 max offer

Also see the full 37918 market report on Realtor.com →Then view 37918 homes on Zillow →

Kimberlin HeightZIP 37920$385,000Negotiate

Kimberlin Height (37920) market snapshot

$385,000 ▼ 7.1%Median listing price
$240Price per sq ft
62 days ▲ 7.3%Days on market
$2,200 ▲ 15.8%Median rent
379 ▲ 15.7%Active listings
6.9%Gross rent yield

In addition, the Zillow Home Value Index is $321,512 (up 1% from a year earlier) as of August 2026.

ZIP 37920 is part of Knoxville, TN.

Max offer when the ARV equals the median price$385,000 × 70% − $31,000 repairs = $238,500 max offer

Also see the full 37920 market report on Realtor.com →Then view 37920 homes on Zillow →

ConcordZIP 37922$771,200Flip

Concord (37922) market snapshot

$771,200 ▼ 1.8%Median listing price
$262Price per sq ft
54 days ▼ 11.5%Days on market
$2,650 ▲ 6%Median rent
272 ▲ 27.2%Active listings
4.1%Gross rent yield

In addition, the Zillow Home Value Index is $640,427 (up 0.8% from a year earlier) as of August 2026.

Concord is an unincorporated community in Knox County, Tennessee and is listed on the National Register of Historic Places as a historic district, the Concord Village Historic District. The United States Geographic Names Information System classifies Concord as a populated place. It is located in western Knox County, east of Farragut and west of Knoxville. Mail destined for Concord is now addressed to Concord, Knoxville, or Farragut.

Investor note: Historic properties: check historic-district rules before planning exterior renovations.

Max offer when the ARV equals the median price$771,200 × 70% − $62,000 repairs = $477,840 max offer

Also see the full 37922 market report on Realtor.com →Then view 37922 homes on Zillow →

KnoxvilleZIP 37924$375,000Buy & hold

Knoxville (37924) market snapshot

$375,000 ▼ 2.7%Median listing price
$202Price per sq ft
47 days ▲ 24.3%Days on market
$2,189 ▼ 4.8%Median rent
159 ▲ 15.3%Active listings
7.0%Gross rent yield

In addition, the Zillow Home Value Index is $340,049 (up 1.9% from a year earlier) as of August 2026.

ZIP 37924 covers the northeastern part of Knoxville, about 10 miles from the center of the city.

Max offer when the ARV equals the median price$375,000 × 70% − $30,000 repairs = $232,500 max offer

Also see the full 37924 market report on Realtor.com →Then view 37924 homes on Zillow →

Concord FarragutZIP 37932$634,950Flip

Concord Farragut (37932) market snapshot

$634,950 ▲ 4.2%Median listing price
$242Price per sq ft
53 days ▲ 3.9%Days on market
$2,922 ▲ 4.4%Median rent
257 ▲ 4.3%Active listings
5.5%Gross rent yield

In addition, the Zillow Home Value Index is $534,548 (up 1.5% from a year earlier) as of August 2026.

Max offer when the ARV equals the median price$634,950 × 70% − $51,000 repairs = $393,465 max offer

Also see the full 37932 market report on Realtor.com →Then view 37932 homes on Zillow →

Choose a ZIP code from the menu to see its investing data, then compare markets. Market data: Realtor.com, October 2026, and Zillow Home Value Index, August 2026. Also, gross rent yield is 12 months of median rent divided by the median listing price; the max offer assumes repairs of 8% of the median price.

Antonio Stringfield, ForeclosuresDaily.com customer

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Antonio Stringfield
Probate investor · Los Angeles

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Cash buyers

How do you build your buyers list in Knox County?

Build your buyers list before you sign your first contract. Your best buyers are cash buyers who can close quickly, such as flippers, landlords, and small builders.

  • First of all, attend local real estate investor meetups.
  • Also, review recent cash sales in county records to find active buyers.
  • Then connect with title companies, hard money lenders, and property managers.
  • Finally, ask every buyer for their buy box: areas, price range, and rehab level.
Contracts

What does assigning contracts mean in Tennessee?

Assigning contracts means transferring your rights as the buyer under a purchase agreement to another investor. Your contract should allow assignment, and your buyer typically pays your assignment fee at closing.

Wholesaling is legal in most states, but the rules differ. Some states require disclosures or a real estate license for certain activities, so review your contracts with a Tennessee real estate attorney before you start.

Nancy Wallace-Laab, ForeclosuresDaily.com customer

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Nancy Wallace-Laab
Investor · nearly 20 years

Nancy focuses on the best outcome for both the seller and the investor, drawing on nearly 20 years of real estate investing experience.

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Phillip Warrick
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Full-time real estate investor since 2003, with over 20 years of experience.

More guides

More wholesaling guides in Tennessee

Compare nearby markets before you choose where to farm. For example, these local guides cover other Tennessee cities and counties:

Davidson County · Hamilton County · Rutherford County · Shelby County · Sumner County · Wholesale House Prices Memphis · Wholesale House Prices Nashville · Wholesale Memphis, TN · Wholesale Real Estate Nashville Tennessee

Also, see Wholesaling Real Estate for Profit for the profit math and guides in every state.

FAQ

Wholesaling questions for Knox County

How do you wholesale real estate in Knox County?

First of all, find a motivated seller through probate, pre-foreclosure, or absentee-owner leads. Then sign a contract at a discount, and finally assign it to a cash buyer for a fee.

Is wholesaling legal in Tennessee?

Wholesaling is legal in most states, but the rules vary. For example, some states require disclosures or a license for certain activities, so have a Tennessee real estate attorney review your contracts.

How much can you make wholesaling in Knox County?

Assignment fees vary by deal. For instance, a fee of about 3% on a home priced near the Knox County median of $429,000 would be roughly $13,000.

Which Knox County ZIP codes have the lowest entry prices?

Among the ZIP codes in this guide, the lowest median listing prices are in 37914 (Knoxville) at $299,000, 37924 (Knoxville) at $375,000, and 37721 (Corryton) at $385,000, based on Realtor.com data from October 2026.

Where do Knox County foreclosures come from?

Most start with missed mortgage payments, so pre-foreclosure filings appear months before an auction. As a result, investors who reach owners early can buy before the home is listed.

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