Knox, TN County has seen a significant rise in the median value of its housing. The median value of a home in Knox County is currently $320,000, which is lower than the US house median value of $338,100. However, this difference is made up for by the higher rate of house appreciation in Knox County when compared to the US rate. In the past year, Knox County has seen an impressive 15.81% increase in housing values while the US only experienced an 8.27% increase. This data suggests that housing prices are on an upward trend in Knox county and could be a great investment opportunity for potential buyers looking to enter into the market.
The median home cost in Knox County is $320,000. Home appreciation the last 10 years has been 116.3%. Home Appreciation in Knox County is up 24.9%.
Average Age of Homes
- The median age of Knox County real estate is 36 years old
The Rental Market in Knox County
- Renters make up 32.5% of the Knox County population
- 1.9% of houses and apartments in Knox County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.