Authentic estate agent Julie Carter presents the aspects on 5709 NE Eldridge Highway, which, at $260,000, is priced at the median residence price tag in Knoxville

Knoxville Information Sentinel

Purchasing a residence in Knoxville has gotten a good deal extra highly-priced in the previous 12 months.

Superior demand from customers and housing shortages are main to greater price ranges, leaving couple of obtainable homes for customers on a finances. 

According to info from the Knoxville Area Affiliation of Realtors, the median residence selling price was $265,000 in May, up twenty five% from $212,000 in May 2020. 

It truly is up two% from April’s median price tag of $260,000.

A lot of customers are shelling out way about asking selling price for attributes, meaning houses could be detailed nicely below $265,000 before the offer is closed.  

Wondering what $265,000 can get you in the Knoxville location? These five attributes on the market place slide around the median selling price variety throughout Knox County.

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Don’t forget, houses are selling in report time, so these attributes might already be off the market place. Listing price ranges and final expenses also could vary as sellers make selling price adjustments and evaluate provides.

Cozy Fountain Metropolis cottage


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Financing fell by means of on a charming two-bed room, two-rest room home at 5709 NE Eldridge Highway in Fountain Metropolis, supplying customers yet another chance to post provides. The home is detailed for $260,000 by Julie Carter of Berkshire Hathaway HomeServices Dean-Smith Realty.

Inside of, the two,a hundred-square-foot residence features first hardwood floors on the main amount and a wooden-burning fire. The residence was built in 1945. Outside, new homeowners will get to delight in the over-an-acre good deal. The cottage is inside walking length to the historic Fountain Metropolis Park and iconic duck pond.

The residence also features solutions for a 3rd bed room or office on the reduced amount and a workshop in the outbuildings equipped with electric power. It features a basement and two-car garage. The home’s roof was replaced in May 2021, and the seller options to update the drinking water heater before closing. The new homeowners will get a transferred residence guarantee.

The home most not too long ago bought for $219,900 in April 2021. Before that, it bought for $one hundred forty five,000 in 2019, according to Knox County records. 

Ranch on Rosann 

The 4-bed room, two-rest room ranch-style residence at 2313 Rosann Lane in Fountain Metropolis is new to the market place. The 1,469-square-foot residence is detailed for $269,000 by Howard L. Sentell of Sentell Authentic Estate.

The residence has been remodeled and attributes an open thought ground program and updated kitchen. The newly designed non-public learn suite arrives with an attached learn rest room, which features a stroll-in tiled shower with glass doorway. The other three bedrooms and current complete rest room are positioned on the other aspect of the residence.

Other current features include things like windows, a drinking water heater, HVAC method, gutters, lighting, back deck, landscaping and a fresh paved driveway. 

It most not too long ago bought in Feb. 2021 for $129,000, according to Knox County records. 

Hempshire residence

The residence at 10009 Hempshire Drive is detailed for $262,000, slightly less than the Knoxville Area Affiliation of Realtors’s approximated median residence selling price in May 2021. (Picture: Tyler Lawson Pictures.)

This 4-bed room, three-rest room residence in West Knoxville is conveniently positioned shut to recreation and roadways. 10009 Hempshire Drive is detailed for $262,000 by Major Ward of Realty Executives Associates.

Each member of the spouse and children will have lots of space inside the one,690-square-foot residence, which features a spouse and children place and a massive deck overlooking a fenced yard. The residence is a limited drive absent from Fort Loudoun Lake, Harmony Park and Pellissippi Parkway. 

The home most not too long ago bought for $135,000 in 2013, according to Knox County records. 

Bungalow with a yard

Escape at this three-bed room, one-rest room abode in Colonial Village. Donna Taylor of Slyman Authentic Estate has detailed the residence, positioned at 127 Larry Drive, for $269,000.

The residence features a stone walkway toward the entrance, in addition to an updated kitchen, rest room, fire and extra. The yard is park-like and peaceful and features a patio, deck and fire pit location.

The South Knoxville residence also is a five-minute drive from the nearby breweries, places to eat and routines downtown.

It most not too long ago bought for $a hundred seventy five,000 in October 2020, according to Knox County home records. 

Shift-in-prepared on Muzzle 

This ranch-style residence in Halls is detailed for $250,000 by Holli McCray Household Internet marketing Team. (Picture: Apryl Taylor Pictures)

Completely ready to relocate? Check out out this three-bed room, two-rest room ranch-style residence in Halls. The home, positioned at 2927 Muzzle Lane, is detailed for $250,000 by Jenay Farrell of Holli McCray Household Internet marketing Team.

All the things you have to have is on one amount inside the one,370-square-foot home. Sellers have upgraded the stainless metal appliances included in the large take in-in kitchen. High cathedral ceilings make the residing location make the place feel spacious. It features a formal learn suite and a back again deck that overlooks the amount yard. 

The home is minutes absent from Halls faculties, Fountain Metropolis, major retailers and a number of nearby places to eat. The residence most not too long ago bought in December for $158,950, according to Knox County records. 

Allie Clouse is detailing Knoxville’s authentic estate market place
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