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Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
Sale-to-List Price
Homes Sold Above List Price
Lenoir City’s real estate market has experienced steady growth, driven by its proximity to Knoxville, scenic lakefront properties, and affordable cost of living. Home values have been appreciating, particularly in desirable neighborhoods near Tellico Lake and Fort Loudoun Lake. The mix of new construction and established homes offers buyers various options, making it an attractive market for families, retirees, and those seeking a quieter lifestyle with convenient access to urban amenities.
Lenoir City’s housing market is moderately competitive, with well-priced homes receiving multiple offers, especially in sought-after lakefront communities. The market is experiencing relatively low inventory, keeping demand strong. While homes typically stay on the market slightly longer than in larger metropolitan areas, competitively priced properties sell quickly. Buyers looking for waterfront or luxury homes may face more competition, particularly among out-of-state purchasers.
Find Your Dream Kingston Home for Sale
One way to set the stage for a successful buying and selling process is to listen to May-Martin clients, find out what their priorities are, and then help them prioritize that list based on the state of the market.