Why Live in Lenoir City
Lenoir City, known as the "Lake Capital of the South," is situated about 27 miles from Knoxville and offers scenic waterfront views against the backdrop of the Great Smoky Mountains, which are approximately 55 miles away. The downtown area, centered around U.S. Route 11, has seen significant revitalization, attracting new businesses and fostering a community atmosphere. Residents can explore a variety of local shops, such as The Sparkly Pig, and enjoy dining options like The Burgers. Grocery needs are met by Ingles Market Grocery Store, Lake County Market and Deli, and the seasonal Lenoir City Farmers Market. The neighborhood hosts several annual events, including the Downtown Street Festival & Civitan Car Show and Nights on Broadway. Housing options range from mid-20th century Arts & Crafts and bungalows near downtown to ranch-style homes and contemporary brick and stone houses in the suburbs. Lenoir City Park and Fort Loudon Marina provide ample opportunities for boating and fishing on nearby lakes, while Rock Springs Park features a bilingual storybook trail. The Avalon Country Club offers an 18-hole golf course and year-round events. The area is navigable with U.S. Routes 11 and 321 connecting to Interstates 75 and 40, and McGhee Tyson Airport is about 20 miles away. While some areas are prone to flooding, residents can access medical care at Fort Loudon Medical Center.
Home Trends in Lenoir City, TN
On average, homes in Lenoir City, TN sell after 37 days on the market compared to the national average of 51 days. The median sale price for homes in Lenoir City, TN over the last 12 months is $450,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$450,000
Median Single Family Sale Price
$464,500
Median 2 Bedroom Sale Price
$436,000
Average Price Per Sq Ft
$228
Number of Homes for Sale
109
Last 12 months Home Sales
458
Median List Price
$475,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
7%