Knox County, TN Home Values & Market Trends
The median home price in Knox County, TN is $352,421.57. There were 7,957 home sales in Knox County, TN over the past 12 months. The median residential Knox County, TN home value for transactions over the previous year is $344,739.469. The number of current listings in Knox County, TN is 1,091, and the percentage of properties for sale is 1091.00%. The county has 107 foreclosures, 9 bank owned properties, 98 headed for auction, and 1,091 properties for sale.
Knox County, TN Real Estate Market Overview
Housing Market Summary for Knox County, TN
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $386K | $344.7K | -10.69% |
Median Sold Price | $325K | $344.7K | 6.08% |
Homes For Sale | 789 | 1,039 | 31.69% |
Homes Sold | 1,750 | 3,223 | 84.17% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Knox County, TN
Browse Homes in Knox County, TN
Knox County, TN home values range from $19,840 to $38,073,484. Farragut is the priciest city with a median listing home price of $1,309,900, and Mascot is most affordable with average house prices of around $280,000.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Knox County, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Knox County, TN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Knox County, TN ranges from the highest value of $259,750 in Corryton to the lowest value of $65,014 in Knoxville. Bank owned homes and properties account for 0.01% of properties in Knox County, TN. There are 6 cities within Knox County, TN; Knoxville containing 8 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsKnoxville has 89 auction properties, the highest number of properties going to auction in a single city in the state of Knox County, TN. Auction homes and other auction properties account for 0.06% of all properties in Knox County, TN. There are 6 cities within Knox County, TN; of those cities, the median estimated home value for homes going to auction ranges from $1,417,750 in Heiskell to the lowest value of $119,594 in Heiskell.
Compare Nearby Cities
More Real Estate Resources for Knox County, TN
Guide for Knox County, TN
The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws
How to find the cities to invest in for 2024 and make informed decisions for your financial future.