Home prices
The median home cost in Loudon is $123,300. Compared to other places in this area it is approximately $10,780 (8%) lower.It is about $94,200 (43%) lower compared to the country as a whole, and it is about $13,000 (9%) lower in comparison to the city of Knoxville.
Rents
Loudon's median monthly rent is $743. This is approximately $47 (5%) lower in comparison to the surrounding areas.Compared to the rest of the nation it is about $319 (30%) lower, and it is roughly $102 (12%) lower in comparison to the city of Knoxville.
Nearby places
Philadelphia
Philadelphia is roughly 4 miles south of Loudon. Housing prices there are pretty similar. The cost of the median home in Philadelphia is $117,900, which works out to $5,400 (4%) lower than Loudon. The rent there is fairly similar. In Philadelphia the median monthly rent is $737, which is very similar to Loudon.
Lenoir City
Lenoir City is about 6 miles northeast of Loudon. Its real estate prices are similar. The price of the median home in Lenoir City is $125,500, which is $2,200 (1%) higher than Loudon. The rent there is a bit more expensive. The median monthly rent in Lenoir City is $819, which works out to $76 (9%) higher than Loudon.
Sweetwater
Sweetwater is about 11 miles southwest from Loudon. Its housing prices are fairly similar. Sweetwater's median home value is $120,800, which comes out to $2,500 (2%) lower than Loudon. The rent there is a little less expensive. Sweetwater's median rent is $661 per month, which works out to $82 (12%) lower than Loudon.
Kingston
Kingston is roughly 11 miles northwest of Loudon. The real estate prices there are a little more expensive. The median home in Kingston is valued at $167,600, which is $44,300 (26%) higher than Loudon. Rents there are pretty similar. Kingston's median monthly rent is $728, which is $15 (2%) lower than Loudon.
Friendsville
Friendsville is about 11 miles east of Loudon. The housing prices there are somewhat more expensive. The median home in Friendsville is valued at $138,600, which works out to $15,300 (11%) higher than Loudon. Rents there are a little more expensive. In Friendsville the median rent is $1,007 per month, which is $264 (26%) higher than Loudon.
