Similar to its nearby areas, it's substantially less expensive compared to the US as a whole. It's significantly less expensive compared to the city of Little Rock.
Home prices
The median home in Knoxville is valued at $97,300. It is about $3,120 (3%) higher in comparison to the surrounding areas.It is approximately $120,200 (55%) lower in comparison to the entire nation, and it is approximately $70,300 (41%) lower in comparison to the city of Little Rock.
Rents
The median monthly rent in Knoxville is $725. It is approximately $122 (20%) higher in comparison to its surrounding areas.Compared to the nation as a whole it is roughly $337 (31%) lower, and it is about $147 (16%) lower in comparison to the city of Little Rock.
Nearby places
Lamar
Lamar is Knoxville's neighbor to the north. Housing prices there are similar. The median home price in Lamar is $97,400, which is very similar to Knoxville. Rents there are substantially less expensive. In Lamar the median rent is $515 a month, which works out to $210 (40%) lower than Knoxville.
London
London is roughly 6 miles southeast of Knoxville. The real estate prices there are somewhat less expensive. London's median home price is $84,100, which works out to $13,200 (15%) lower than Knoxville. The rent there is somewhat less expensive. In London the median monthly rent is $598, which is $127 (21%) lower than Knoxville.
Clarksville
Clarksville is about 8 miles northwest from Knoxville. Real estate prices there are somewhat more expensive. Clarksville's median home cost is $104,900, which works out to $7,600 (7%) higher than Knoxville. Rents there are a bit less expensive. The median monthly rent in Clarksville is $630, which is $95 (15%) lower than Knoxville.
Scranton
Scranton is approximately 8 miles west from Knoxville. Its housing prices are a bit less expensive. The median home value in Scranton is $79,200, which comes out to $18,100 (22%) lower than Knoxville. Its rents are somewhat less expensive. In Scranton the median monthly rent is $606, which is $119 (19%) lower than Knoxville.
Dover
Dover is approximately 12 miles east from Knoxville. Its real estate prices are a little more expensive. The median home in Dover is valued at $105,300, which is $8,000 (7%) higher than Knoxville. Its rents are somewhat less expensive. Dover's median rent is $664 a month, which works out to $61 (9%) lower than Knoxville.
