Why Live in Colonial Village
Colonial Village in Knoxville is a residential neighborhood characterized by its winding, hilly streets and homes from the 1940s and 1950s, including brick ranch-style properties and compact cottages. Many properties feature wooded lots around half an acre, providing privacy and space. The neighborhood is part of Knoxville's Dogwood Trails, attracting visitors in the spring to view the pink and white blooms. Colonial Village offers two parks: Gary Underwood Park, with a soccer field and community center, and Charter E. Doyle Park, which includes paved and unpaved trails, tennis courts, and open spaces. Just 3.5 miles north, Ijams Nature Center spans 318 acres and offers activities like canoeing, kayaking, rock climbing, hiking, and biking, with trails extending into the neighborhood as part of Knoxville's Urban Wilderness. Local dining options on Chapman Highway include the award-winning Ye Olde Steak House, CommonPlace Coffee, and Thai Time. Residents can shop for essentials at nearby Walmart or Kroger. The neighborhood is bordered by Chapman Highway, providing a direct route to downtown Knoxville, 4.2 miles north, with Knoxville Area Transit buses offering service to and from downtown. Medical services are available 5 miles away at the University of Tennessee Medical Center.
Home Trends in Colonial Village, TN
On average, homes in Colonial Village, Knoxville sell after 23 days on the market compared to the national average of 51 days. The median sale price for homes in Colonial Village, Knoxville over the last 12 months is $320,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$320,000
Median Single Family Sale Price
$317,500
Average Price Per Sq Ft
$214
Number of Homes for Sale
12
Last 12 months Home Sales
70
Median List Price
$332,450
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
7%