Why Live in Magnolia Warehouse District
The Magnolia Warehouse District in Knoxville, located just 2 miles from Downtown Knoxville, offers a unique blend of rural and urban living. This neighborhood is popular with first-time homebuyers and families, thanks to its proximity to major employers like The University of Tennessee and its medical center, Knoxville Public Schools, and various downtown hotels. The area features colonial revival and traditional-style homes with leafy lawns and paved sidewalks, giving it a mature, historic feel. Local schools include Christenberry Elementary, Vine Middle Performing Arts and Sciences Magnet School, and Fulton High School, which is noted for its diversity and work-based learning programs.
Recreational opportunities abound with Caswell Park's softball fields, batting cages, and YMCA, as well as Cal Johnson Park's basketball courts. Harriet Tubman Park provides a half-mile walking loop and grassy areas for relaxation. Golf enthusiasts can enjoy the 18-hole William Creek Golf Course, while water activities on the Tennessee River include canoeing, kayaking, and Knoxville Cycleboats. The KAT bus system and major roads like Interstate-40 and Tennessee Main Street facilitate easy commuting.
For air travel, Knoxville Downtown Island Airport offers pilot lessons and plane-watching, while McGhee Tyson Airport, 12 miles away, handles international and domestic flights. Downtown Knoxville, with its Victorian-style buildings, restaurants, bars, and attractions like the Tennessee Amphitheater and Knoxville Zoo, is a hub of activity. Residents also enjoy the nightlife at Boyd’s Jig & Reel and late-night eats at Barley’s Taproom and Pizzeria. The Emporium Center and the Sunsphere offer cultural and scenic experiences, making the Magnolia Warehouse District a vibrant place to live.
Home Trends in Magnolia Warehouse District, TN
On average, homes in Magnolia Warehouse District, Knoxville sell after 49 days on the market compared to the national average of 51 days. The median sale price for homes in Magnolia Warehouse District, Knoxville over the last 12 months is $392,500, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$392,500
Median Single Family Sale Price
$667,500
Median Townhouse Sale Price
$384,900
Median 2 Bedroom Sale Price
$795,000
Median 1 Bedroom Sale Price
$532,500
Average Price Per Sq Ft
$575
Number of Homes for Sale
27
Last 12 months Home Sales
19
Median List Price
$650,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-3%