Home to more than 437,000 residents in Knox County and 704,500 in the metro area, Knoxville is a wonderfully sophisticated metropolis nestled in the shadows of the Great Smokey and Cumberland mountain ranges. The state's third largest city boasts not only some of the most beautiful surroundings in the world, but also a mild climate year-round. An outdoor enthusiast's paradise, the community is within arm's reach of five national parks, seven state parks, seven lakes and the Tennessee River, not to mention the hundreds of streams that flow throughout the city.
Host of the 1982 World's Fair, the area is a perfect symbol of the rebirth of the Southeast. The city encompasses more than 90 square miles and continues to grow with the addition of cutting-edge scientific research centers and technology firms. A thriving center of culture and history, the community offers an array of museums, historical attractions and fun family activities to enjoy. Through neighborhood schools and community libraries, volunteer organizations, local recreational facilities and clubs, the city provides residents with a strong sense of community and belonging. The area was recently named by Places Rated Almanac as the "Best place to live in the United States and Canada" among cities with populations of fewer than 1 million residents. This distinction merely confirmed what residents have known all along: Knoxville is a perfect place to live.
For genuine friendliness and Southern hospitality, the "Gateway to the Smokies" can't be beat. Knoxville real estate options consist of single family homes, estate properties, condominiums/townhomes, lakefront and mountain view properties.
Knoxville Real Estate: Prices of Knoxville Houses for Sale
The real estate market of Knoxville is extremely diverse and affordable. For less than $100,000 you can purchase a one- or two-bedroom condominium or townhouse. Newer and larger models boasting city lights, views and broad landscapes start around $250,000 and prices reach as high as $800,000 and more. Knoxville offers a beautiful mix of traditional and ranch-style homes with a few colonial estate properties for sale spread throughout. Prices for Knoxville homes range from under $100,000 to over $9,000,000. There are beautiful historic homes for sale in areas like North Hills, Fountain City, and Sequoyah Hills at a price point for a wide spectrum of buyers. Prices range well into the millions in subdivisions like River Club, Bridgemore, Riversound, Mallard Bay and Westmoreland. For custom-built real estate, land and lots are also available for sale in Knoxville.
Knoxville Real Estate Stats and Trends for the week of October 5th, 2015: homes priced around $173,576 compared to $172,392 the previous week, for a slight increase of less than +1%. For Friday, October 9th, the current national mortgage rate for a 30 year fixed mortgage is 3.80%; the 15 year fixed rate is at 2.88%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.18%, while the 15 year jumbo rate currently is at 3.85%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Knoxville TN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Knoxville to help you find the best home!