Property prices for sale in Knoxville (Tennessee)

The prices in real estate in Knoxville, in the Tennessee region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$454,943.67
Average price last 6 months
$203.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Knoxville has increased during the last 6 months. In January, the average price per sq.feet was $192. In February this price pretty much remained the same at a value of $193 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $192.5 to $197.5 per sq.feet. The price per sq.feet has increased 113 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $195 to $220 during May, and June.

Average price

Based upon to the price in Knoxville (cities), this has gone up considerably in the last 6 months. The price in January is $398,034, rising in February till $453,689. During the following two months (March, April) the price has had an average incrementation from $425,861.5 to $469,542. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $447,701.75 and $469,427.5 between May and June.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $455,282 they are 54 % more affordable than the average price for Knoxville. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 3 bedrooms priced at $413,682.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $210 / sq.feet, with an average $212 / sq.feet price in Knoxville. The properties with the highest average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 4 bedrooms with a price at $221 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $455,282 it is 35 % cheaper than the average price in Knoxville. "Land" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Commercial". At a price of $524,667 it is 39 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $133 / sq.feet followed by "Condo" priced at $209 / sq.feet. "Land" is the most costly type of property with a $199,010 / sq.feet cost followed by "Townhouse" with an average price of $427 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Knoxville
Number of properties used in region Tennessee
$455,282
$212
10,342
169,436
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value