The Strip
Suburban Neighborhood in Knoxville, Tennessee
Knox County 37902, 37916, 37996
$588,924
Average Value
$469
Average Price per Sq Ft
Downsizing in The Strip
Housing on The Strip primarily consists of rented condos and apartments. “The University of Tennessee makes it so there’s not a ton of single-family real estate that comes up for sale,” McDonald says. Monthly rent for one- to five-bedroom housing can range from $900 to $3,500, while sale prices fall anywhere from $300,000 to over $1 million. The neighborhood is extremely walkable, with sidewalks and scattered trees lining every street. Closer to the university, large swamp chestnut oaks shade the area, spotlighting colorful leaves in the warm seasons. It is important to note that The Strip has an overall CAP Index Crime Score of 7, which is significantly higher than the national average of 4. Campus security works to lower this score and encourages the use of the LiveSafe app, which features resources and protocols to improve safety.
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Getting active or attending events near The Strip
UT provides a slew of activities for locals, including NCAA Division I sport events, free lectures and performances at the Clarence Brown Theatre. Knoxville’s Third Creek Greenway, accessible via Tyson Park, covers 5 miles and connects to four other paths that span 18 miles across town. World’s Fair Park is the site of the 1982 World’s Fair, which brought 11 million visitors from 22 countries to Knoxville back in the day. Today, the park features two large lawns for annual festivals and concerts, with a splash pad to keep children cool and entertained. Mount Castle Park offers green space popular for tailgating, walking or enjoying a picnic under the trees near Cumberland Avenue.
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University of Tennessee and Knox County Public Schools
Children living in The Strip can attend Knox County Public Schools. Primary students can head to Sequoyah Elementary, which earns an overall A-minus grade on Niche. Bearden Middle and West High both score B-plus grades and have extensive extracurricular options, including robotics, dance team and clubs that collaborate with UT’s science programs. The university is a public research institution known for the Volunteers (Vols) athletic teams; most notably, for football. “If UT football is doing well, then our economy is doing well,” says Caroline McDonald, Knoxville native and owner of McDonald Realty. The university offers over 100 different undergraduate and graduate programs, with a Niche academic rating of A-minus. There are about 28,000 students and over 14,000 employees, the majority of which live in The Strip or neighboring areas.
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Transportation and access to UT health care
While most locals do not have to travel far for work, and many people walk the neighborhood to avoid traffic, The Strip offers quick access to Interstates 40 and 275. Knoxville Area Transit routes, including one of the city’s three free trolley lines, stop along Cumberland Avenue. McGhee Tyson Airport is also about 12 miles southwest via Alcoa Highway. Residents can enjoy close proximity to health care, as UT’s Medical Center sits right across the Tennessee River.A myriad of eats, bars and shops
The Strip is home to numerous chain restaurants, coffee shops and legendary eateries dating back decades. Spots like Raising Cane’s, Moe’s Southwest Grill, Mellow Mushroom and Chipotle dominate the dining scene, especially along Cumberland. Some local options have emerged as community staples, such as Sunspot, for its Southwestern, Caribbean and Latin American cuisine and happy hour specials. The Half Barrel is another classic known for bourbon, beer and burgers. The Strip has a prominent nightlife scene, with countless bars with local brews, such as LiterBoard and Cool Beans Bar and Grill. Groceries and necessities can be purchased at the Publix at University Commons or Walgreens, while Walmart and Target are available about 7 miles away. Market Square, about 1 to 2 miles away, creates a unique shopping experience, with an array of restaurants, striking murals and live music. Locals can also catch the open-air farmers market here on Saturday mornings between May and November. Similar to Market Square, Old City nearby has numerous galleries, trendy dining options and artisan boutiques.
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Written By
Grace Pitney
Photography Contributed By
Andrew Byrum
Video By
Kellan Beaver
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Agents Specializing in this Area
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Scott Felske
Scott Felske
Responds QuicklyTennessee Life Real Estate Professionals
(865) 503-5984
186 Total Sales
1 in The Strip
$120,900 Price
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Teri Jo Fox
Teri Jo Fox
Responds QuicklyThe Knox Fox Real Estate Group
(865) 507-2822
348 Total Sales
2 in The Strip
$121K - $170K Price Range
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Sherry Paul
Sherry Paul
Responds QuicklyRealty Executives Associates
(865) 213-9055
423 Total Sales
2 in The Strip
$330K - $510K Price Range
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Howard Sentell
Howard Sentell
Sentell Real Estate
(865) 507-1788
239 Total Sales
4 in The Strip
$170K - $280K Price Range
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Adam Hatmaker
Adam Hatmaker
Weichert REALTORS Advantage Pl
(865) 346-5825
80 Total Sales
2 in The Strip
$110K - $350K Price Range
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Beth Page
Beth Page
Wallace
(865) 999-8199
103 Total Sales
2 in The Strip
$460K - $490K Price Range
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- 6th to 8th
- Public
- Pre-K to 5th
- Public
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Parks in this Area
Tyson Park
- Baseball/Softball
- Bike Trails
- Picnic Area
World's Fair Park & Festival Center
- Picnic Area
- Trails
- Events
Krutch Park
- Picnic Area
- Trails
- Events
Mountcastle Park
- Grills
- Picnic Area
- Trails
Third Creek Greenway
- Bike Trails
- Picnic Area
- Trails
James Agee Park
- Picnic Area
- Trails
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | The Strip | US |
|---|---|---|
| Homicide | 4 | 4 |
| Sexual Assault | 7 | 4 |
| Assault with Weapon | 3 | 4 |
| Robbery | 4 | 4 |
| Burglary | 6 | 4 |
| Motor Vehicle Theft | 6 | 4 |
| Larceny | 8 | 4 |
| Crime Score | 5 | 4 |
Source: WhatIsMyCrimeRisk.com
The Strip Demographics and Home Trends
On average, homes in The Strip, Knoxville sell after 4 days on the market compared to the national average of 49 days. The median sale price for homes in The Strip, Knoxville over the last 12 months is $490,000, up 118% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$499,999
Median Sale Price
$490,000
Median 2 Bedroom Sale Price
$325,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
9
Median Home Sale Price YoY Change
118%
Average Price Per Sq Ft
$469
Neighborhood Facts
Number of Homes in Neighborhood
62
Median Year Built
1978
Average Single Family Home Size Sq Ft
2,023
On par with the national average
1,933
Average Townhouse Size Sq Ft
3,188
Average 2 Bedroom Size Sq Ft
876
Average 1 Bedroom Size Sq Ft
717
Median Lot Size Sq Ft
4,356
Distribution of Home Values
Homes for Rent
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$1,250 - $1,635 per month
- Union Knoxville
- 2-5 Beds
- 2-5 Baths
- 768+ Sq Ft
- 2136 Cumberland Ave
- Knoxville, TN
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$1,054 - $2,929 per month
- Maplehurst
- Studio-4 Beds
- 1-2 Baths
- 240+ Sq Ft
- 814 W Hill Ave
- Knoxville, TN
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
7,582
Median Age
23
Population Density
20 ppl/acre
Population under 18
31.7%
Above the national average
23.8%
Population over 65
1.4%
Below the national average
19.1%
Finances
Median Household Income
$21,012
Significantly below the national average
$71,702
Average Household Income
$49,675
Education and Workforce
High School Graduates
87.5%
College Graduates
55.9%
Above the national average
34.1%
Advanced Degrees
17%
% Population in Labor Force
39.1%
Significantly below the national average
65.1%
Weather
Annual Precipitation
52''
Average Winter Low Temperature
31°F
Average Summer High Temperature
88°F
Annual Snowfall
12''
Area Factors
Bikeable
Bike Score®
55
/ 100
Very Walkable
Walk Score®
81
/ 100
Some Transit
Transit Score®
43
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
Fort Sanders
Bustling neighborhood near University of Tennessee and Downtown Knoxville
College Hills
Community resources close to downtown Knoxville
Downtown Knoxville
Central downtown neighborhood with plentiful shopping and entertainment options
Mechanicsville
Historic homes, plenty of parks and popular schools 1 mile from downtown Knoxville
Old City
Bustling mixed-use area with arts and nightlife
West View
Residential suburb situated just west of Downtown Knoxville
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