Property prices for sale in Knoxville (Tennessee)
The prices in real estate in Knoxville, in the Tennessee region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Knoxville has remained the same in the last 6 months. In October, the average price per sq.feet was $226. In the following month the price per sq.feet decreased to $210. In the following two months the price per sq.feet has barely changed, going from $218 to $228.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $223.25 to $223.5 during February y March
Based upon to the price in Knoxville (cities), this has gone downing the last 6 months. The average price for October is $554,749. During November the price had a slight fall till $483,477. In the following two months the average price has remained the same with regard to the previous two months from $519,113 to $494,697. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $506,905 to $457,780.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $448,864 they are 38 % more affordable than the average price for Knoxville. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at $373,340.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $226 / sq.feet, with an average $227 / sq.feet price in Knoxville. The properties with the highest average prices have 4 bedrooms. They are 130 % more expensive than the average followed by properties with 1 bedroom with a price at $428 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $448,864 it is 21 % cheaper than the average price in Knoxville. "Apartment" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Townhouse". At a price of $562,832 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $233 / sq.feet followed by "Apartment" priced at $237 / sq.feet. "Land" is the most costly type of property with a $75,700 / sq.feet cost followed by "Townhouse" with an average price of $328 / sq.feet.
