Knoxville, TN Homes For Sale & Real Estate

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Knoxville, TN Real Estate Insights

Knoxville, Tennessee, directly east of Nashville and situated at the top of the Tennessee River, is made up of 211,040 residentswith a median age of 39 years old. Given the River's location within the city, Knoxville locals can enjoy paddlewheel riverboat rides or rent private standing paddleboards, kayaks, canoes or jet skis for outdoor entertainment. Knoxville is a nature-lovers dream, with seven lakes and 13.27 percent tree canopy coverage encompassing the city. In addition, Knoxville is just 30 miles from the Great Smoky Mountains National Park, offering trails for hiking, biking and walking virtually any time of year - weather permitting.

Reasons to consider moving to Knoxville? The city was named a top 10 "Best Places to Retire" by Livability.com in 2013, in addition to stealing a spot on Forbes' "Best Places for Business and Careers" list. Aside from high economic growth, Knoxville's real estate prices are affordable when stacked up with national medians. The average list price last year was $247,862, a 15.76 percent increase - which represents a growing market for buyers looking to benefit from return on investments. Keep in mind, inventory in Knoxville declined by 19.97 percent year-over-year in 2015, from 3,099 listings the year prior to 2,480 homes for sale on the market last year.