Why Live in Farragut
Farragut, TN, is a rapidly expanding Knoxville suburb located less than 20 miles from downtown Knoxville and right off the Tennessee River. This town offers a blend of suburban charm and urban amenities, making it an attractive option for those seeking both seclusion and access to city life. Farragut is known for its visually appealing greenspaces and minimal signage, contributing to its popularity among city dwellers. The area features a mix of home styles, including ranch, townhomes, modern contemporary, and colonial revivals, with many homes showcasing southern traditional accents. Farragut is renowned for its highly rated schools, including Farragut Intermediate School, Farragut Middle School, and Farragut High School, which are major draws for families. Residents can enjoy various attractions such as Anchor Park, which offers soccer fields, baseball areas, and fishing docks, and McFee Park, which includes playgrounds, splash pads, and sports courts. The Willow Creek Golf Club provides opportunities for golf enthusiasts. Turkey Creek is a prominent shopping, dining, and entertainment destination, featuring both big box retailers and smaller boutiques. Despite its tranquil atmosphere, Farragut is conveniently connected to Knoxville via Interstate 40 and 75, facilitating easy commutes. The town hosts its own events, such as the Lawn Chair Concert Series at Founder’s Park and the Light the Park ceremony during the holiday season.
Home Trends in Farragut, TN
On average, homes in Farragut, TN sell after 31 days on the market compared to the national average of 70 days. The median sale price for homes in Farragut, TN over the last 12 months is $921,154, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$921,154
Median Single Family Sale Price
$975,000
Average Price Per Sq Ft
$326
Number of Homes for Sale
7
Last 12 months Home Sales
61
Median List Price
$894,182
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%