Knoxville, TN Townhome for Sale

Knoxville's Market Square buzzes with local shops and year-round events, while Ijams Nature Center and the Urban Wilderness provide over 50 miles of hiking and biking trails. The historic Tennessee Theatre hosts performances in an ornate 1920s movie palace setting, and the iconic Sunsphere tower stands tall in World's Fair Park. The culinary scene features James Beard-winning J.C. Holdway's Appalachian cuisine and Yassin's Falafel House, named "Nicest Place in America." The city sits just an hour from Great Smoky Mountains National Park, with the Tennessee River flowing through downtown at Volunteer Landing.

The housing market spans diverse price points across distinct neighborhoods. The median single-family home price is $410,000, with upscale Sequoyah Hills commanding a median of $1,025,000 and Old North Knoxville at $385,000. Downtown Knoxville condos have a median price of $486,500 for one bedroom units and $693,000 for two bedrooms. Bearden and Fourth & Gill feature single-family homes with median prices of $558,000 and $530,000 respectively.

Knoxville's cost of living sits 13.7% below the national average. A family with school-age children needs approximately $92,000 annually to live comfortably, while renters require about $47,000. Property taxes remain competitive at 0.48%, lower than Oak Ridge at 0.62%. The city has strong education options, including the A+ rated private Webb School of Knoxville and the public L&N STEM Academy. Major employers include the University of Tennessee, Oak Ridge National Laboratory, and Covenant Health. The Knoxville Area Transit system serves the downtown area, though most residents rely on personal vehicles for transportation.