Powell, TN housing market
The typical Powell home is worth about $363,000, up 2.5% in a year, 9% above the Tennessee typical home. Homes typically sell in 70 days, below asking.
Home values, sales, trends and how Powell compares with the towns next door — updated as new data is published.
Powell at a glance
A balanced market
About 4.5 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Powell | Tennessee |
|---|---|---|
| 2017 | $162,000 | $174,000 |
| 2018 | $173,000 | $187,000 |
| 2019 | $183,000 | $198,000 |
| 2020 | $192,000 | $215,000 |
| 2021 | $219,000 | $238,000 |
| 2022 | $266,000 | $287,000 |
| 2023 | $307,000 | $313,000 |
| 2024 | $342,000 | $326,000 |
| 2025 | $355,000 | $334,000 |
| 2026 | $359,000 | $333,000 |
| August 2026 | $363,000 | $334,000 |
Powell and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Powell | $363K | +2.5% | $1,330 | — | $82,434 |
| Knoxville | $371K | +1.1% | $1,490 | 1,439 | $54,039 |
4.4 years of income
The typical Powell home costs about 4.4 years of the town's median household income, less than across Tennessee (4.8 years).
How Powell ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,330
HUD's Fair Market Rent for a two-bedroom in Powell is $1,330 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Powell pay a median of $1,276. A two-bedroom takes about 19% of the town's median household income.
Studio $1,060 · 4 bedrooms $1,960
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (37849; Knoxville, TN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.