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Foreclosure Homes in Knoxville, TN 37914

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Knoxville, TN Foreclosures

How much do homes sell for in Knoxville, TN?
The average home price is currently $451,267.
In Knoxville, TN, how many homes are available?
There are currently 39 active home listings available in Knoxville.
What’s the average rental cost in Knoxville, TN?
The average rental price in Knoxville is $1,516.
What is the most expensive home in Knoxville?
The most expensive home sold in Knoxville had a price of $76,931,016.
What is currently the cheapest priced home in Knoxville, TN?
The cheapest home for sale in Knoxville is priced at $10,218.

Living in Knoxville, TN

Knoxville, TN, offers a unique blend of culture, outdoor recreation, and educational opportunities. With a lively arts scene and proximity to the Great Smoky Mountains, residents enjoy a balanced lifestyle. The University of Tennessee enriches the community and economy, making it an attractive destination for investors.

Current Market Conditions in Knoxville, TN

The real estate market in Knoxville has shown steady growth, with prices increasing due to high demand and limited inventory. Investors can find opportunities in both residential and commercial properties as the city's appeal continues to rise.

Emerging trends include a surge in demand for affordable housing and properties near the downtown area, driven by young professionals and families seeking a vibrant community. This demand creates favorable conditions for long-term investment.

Home Value Estimator For Knoxville, TN

There are currently 141,413 real estate properties in Knoxville, TN, with a median automated valuation model (AVM) price of $363,751.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Knoxville, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Knoxville, TN, is $451,267.00, with the most expensive house in Knoxville, TN, topping out at $76,931,016.00 and the cheapest home in Knoxville, TN, clocking in at $10,218.00. In other words, there’s something for every potential homebuyer or savvy investor in Knoxville, TN!

Rent Prices In Knoxville, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Knoxville, TN, is on a rollercoaster ride. The average rent price in Knoxville, TN, is $1,516.00. Indeed, when looking to rent in Knoxville, TN, you can expect to pay as little as $510.00 or as much as $4,140.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Knoxville, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Knoxville, TN 37914 Foreclosures

Market Trend for Knoxville, TN

Total Listings Available: 39

Market Values:

Home Prices from $10,218 to $76,931,016

Average Sales Price: $451,267

Rental Values:

Rental from $510 to $4,140

Average Rent Value: $1,516 / month

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