Why Live in Park City
Park City, a historic neighborhood in Knoxville, is located 3 miles from downtown and is recognized by the U.S. National Park Service for its contributions to the city's development. Listed on the National Register of Historic Places, Park City features diverse architectural styles, including Queen Ann Cottages, Craftsman bungalows, and early 20th-century homes. The neighborhood is in transition, with many historic homes undergoing restoration or conversion into duplexes. Park City is conveniently situated near major thoroughfares like Interstate 40 and East Magnolia Avenue, making it an easy commute to downtown Knoxville and the University of Tennessee, which is less than 4 miles away. The area is served by Knoxville Area Transit buses and is walkable for many daily needs.
Park City is adjacent to several attractions, including Zoo Knoxville, the Knoxville Botanical Garden and Arboretum, and Chilhowee Park, which hosts the annual Tennessee Valley Fair. The neighborhood also features Claude Walker Ball Park and Paul Hogue Park, providing recreational spaces for residents. Local dining options like Magnolia Café and Pizza Palace, along with grocery stores such as Save A Lot and Kroger, cater to the community's needs. The Eastside Sunday Farmers Market offers fresh produce less than a mile away. Despite the neighborhood's growth, it maintains a low crime risk compared to the national average. Park City is a generational community with a rich history, making it an appealing choice for first-time buyers and those seeking a historic, eclectic environment.
Home Trends in Park City, TN
On average, homes in Park City, Knoxville sell after 35 days on the market compared to the national average of 69 days. The median sale price for homes in Park City, Knoxville over the last 12 months is $465,000.
Median Sale Price
$465,000
Median Single Family Sale Price
$619,999
Median Townhouse Sale Price
$360,000
Median 2 Bedroom Sale Price
$348,000
Average Price Per Sq Ft
$303
Number of Homes for Sale
9
Last 12 months Home Sales
42
Median List Price
$560,000
Median Change From 1st List Price
0%