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 March, the average price per sq.feet was $227. In April this price pretty much remained the same at a value of $217 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $222 to $225.5 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 $223.75 to $226 during July y August
Based upon to the price in Knoxville (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $448,864. In April This price remains at $459,009. In the following two months the average price has remained the same with regard to the previous two months from $453,936.5 to $470,747.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $501,265 they are 43 % more affordable than the average price for Knoxville. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $400,140.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $215 / sq.feet, with an average $228 / sq.feet price in Knoxville. The properties with the highest average prices have 1 bedroom. They are 105 % more expensive than the average followed by properties with 2 bedrooms with a price at $248 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $501,265 it is 27 % 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 $560,021 it is 27 % 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 $231 / sq.feet followed by "Apartment" priced at $232 / sq.feet. "Land" is the most costly type of property with a $87,262 / sq.feet cost followed by "Townhouse" with an average price of $323 / sq.feet.
