Home prices
The value of the median home in Knoxville is $136,300. This is roughly $35,000 (20%) lower compared to its surrounding areas.In comparison to the nation as a whole it is roughly $81,200 (37%) lower.
Rents
The median monthly rent in Knoxville is $845. It is roughly $72 (9%) higher in comparison to its nearby areas.It is about $217 (20%) lower in comparison to the rest of the country.
Nearby places
Rockford
Rockford is Knoxville's neighbor to the south. Housing prices there are somewhat more expensive. The median home in Rockford is valued at $188,100, which works out to $51,800 (27%) higher than Knoxville. Rent there is a bit less expensive. Rockford's median rent is $663 per month, which works out to $182 (27%) lower than Knoxville.
Louisville
Louisville is Knoxville's neighbor to the southwest. The real estate prices there are a lot more expensive. Louisville's median home price is $232,000, which is $95,700 (41%) higher than Knoxville. Rent there is similar. Louisville's median rent is $853 per month, which is very similar to Knoxville.
Alcoa
Alcoa is Knoxville's neighbor to the south. Its housing prices are fairly similar. The value of the median home in Alcoa is $137,800, which comes out to $1,500 (1%) higher than Knoxville. The rent there is a little less expensive. The median rent in Alcoa is $796 a month, which is $49 (6%) lower than Knoxville.
Seymour
Seymour is approximately 10 miles southeast of Knoxville. Real estate prices there are somewhat more expensive. The median home in Seymour costs $171,700, which works out to $35,400 (20%) higher than Knoxville. Rents there are somewhat more expensive. The median monthly rent in Seymour is $913, which comes out to $68 (7%) higher than Knoxville.
Mascot
Mascot is approximately 11 miles northeast from Knoxville. Its housing prices are similar. The price of the median home in Mascot is $132,500, which is $3,800 (2%) lower than Knoxville. Its rents are a bit less expensive. The median rent in Mascot is $708 a month, which comes out to $137 (19%) lower than Knoxville.
Clinton
Clinton is roughly 12 miles northwest of Knoxville. Real estate prices there are somewhat more expensive. The cost of the median home in Clinton is $165,700, which is $29,400 (17%) higher than Knoxville. The rent there is a little less expensive. In Clinton the median rent is $702 per month, which works out to $143 (20%) lower than Knoxville.