Knox County

A local view of the market.

The real estate market in Knox County, Tennessee, is currently experiencing a seller's market, with home values on the rise. As of October 2024, the median home sold price in the county was approximately $379,739, marking a 6.8% increase from the previous year. Homes in the area typically sell for about $211 per square foot, and the average home value is around $356,882, reflecting a 4.7% increase over the past year. Knox County is home to several prominent cities, including Knoxville, Farragut, and Powell. Knoxville, the largest city, has a population of approximately 192,000 residents and serves as the county seat. Farragut, known for its high median home prices, is a suburban community with a population of about 23,000. Powell, a smaller community, offers a more suburban feel with a population of around 14,000. Living in Knox County offers a blend of suburban and rural experiences, with a strong emphasis on community and outdoor activities. The county's landscape includes both suburban neighborhoods and rural areas, supporting a variety of lifestyles from farming to suburban living. Key industries in the area include education, healthcare, and retail, which attract new residents seeking employment opportunities and a high quality of life. The county's appeal is further enhanced by its scenic beauty and proximity to the Great Smoky Mountains, making it a desirable location for those looking to relocate.