Home prices
Erwin's median home value is $110,800. Compared to nearby areas this is about $41,540 (27%) lower.Compared to the US as a whole it is approximately $106,700 (49%) lower, and is roughly $25,500 (18%) lower in comparison to the city of Knoxville.
Rents
In Erwin the median rent is $661 per month. In comparison to other places in this area it is about $89 (11%) lower.Compared to the country as a whole it is about $401 (37%) lower, and compared to the city of Knoxville it is about $184 (21%) lower.
Nearby places
Unicoi
Unicoi is approximately 6 miles northeast of Erwin. The housing prices there are significantly more expensive. Unicoi's median home cost is $166,300, which works out to $55,500 (33%) higher than Erwin. The rent there is pretty similar. The median monthly rent in Unicoi is $638, which works out to $23 (3%) lower than Erwin.
Jonesborough
Jonesborough is approximately 11 miles north of Erwin. The real estate prices there are significantly more expensive. The median home cost in Jonesborough is $169,000, which comes out to $58,200 (34%) higher than Erwin. The rent there is a bit more expensive. The median rent in Jonesborough is $952 per month, which is $291 (30%) higher than Erwin.
Pine Crest
Pine Crest is approximately 11 miles northeast of Erwin. Real estate prices there are a little more expensive. The median home in Pine Crest is valued at $132,700, which works out to $21,900 (16%) higher than Erwin. Rents there are a little more expensive. In Pine Crest the median rent is $815 a month, which works out to $154 (18%) higher than Erwin.
Johnson City
Johnson City is roughly 13 miles north of Erwin. The real estate prices there are a lot more expensive. The median home in Johnson City is valued at $167,500, which comes out to $56,700 (33%) higher than Erwin. Rent there is somewhat more expensive. Johnson City's median rent is $755 per month, which comes out to $94 (12%) higher than Erwin.
Central
Central is approximately 14 miles northeast from Erwin. Its real estate prices are somewhat more expensive. The median home in Central is valued at $126,200, which is $15,400 (12%) higher than Erwin. Rent there is a little less expensive. Central's median rent is $588 a month, which works out to $73 (12%) lower than Erwin.