![]() Inside, the 2,100-square-foot home includes original hardwood floors on the main level and a wood-burning fireplace. The property is listed for $260,000 by Julie Carter of Berkshire Hathaway HomeServices Dean-Smith Realty. View Gallery: Knoxville real estate: What is the average home price in Knox County?įinancing fell through on a charming two-bedroom, two-bathroom home at 5709 NE Eldridge Road in Fountain City, giving buyers another opportunity to submit offers. Listing prices and final costs also could vary as sellers make price adjustments and review offers. Remember, homes are selling in record time, so these properties might already be off the market. How to sign up for the Urban Knoxville newsletter SIGN UP: Downtown news - directly to your inbox. Wondering what $265,000 can get you in the Knoxville area? These five properties on the market fall around the median price range across Knox County.įOR RENTERS: Knoxville's wild real estate market is hurting renters, too: Tips to find your next place Many buyers are paying way over asking price for properties, meaning homes could be listed well below $265,000 before the deal is closed. It's up 2% from April's median cost of $260,000. High demand and housing shortages are leading to increased prices, leaving few available homes for buyers on a budget.Īccording to data from the Knoxville Area Association of Realtors, the median home price was $265,000 in May, up 25% from $212,000 in May 2020. Watch Video: Real estate agent Julie Carter gives the details on 5709 NE Eldridge Road in Fountain Cityīuying a home in Knoxville has gotten a lot more expensive in the past year.
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