Lenoir City, TN Home Values & Market Trends

Real estate market trends reflect that there have been 571 transactions over the past year in Lenoir City. The median value for residential home transactions that occurred over the previous year is $476,345. The number of current listings in Lenoir City is 582, and the percentage of properties for sale in the city is 582.00%. Lenoir City, TN currently has 16 properties in foreclosure, 1 bank owned properties, 15 properties headed for auction, and 582 properties for sale.

Lenoir City, TN Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
37771

$ 381,100

$ 219/sqft

37772

$ 576,859

$ 244/sqft

Housing Market Summary for Lenoir City, TN

Sep 2025September 2026Change
Median Listing Price$499.9K$499.9K-
Median Sold Price$417.4K$415.8K-0.37%
Homes For Sale36757757.22%
Homes Sold293173-40.96%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lenoir City, TN

Lenoir City home values range from $55,953 to $7,547,817. The median estimated value of a home in Lenoir City is $476,345. The median list price of a home is 497,450, and the total count of properties in the city is 789.

Foreclosure
There are 2 zips within Lenoir City, TN; within these zips, the median estimated home value for homes in foreclosure ranges from $409,364 in 37771 to the lowest value of $140,519 in 37771. Foreclosure homes account for 2.00% of properties in Lenoir City, TN with 37771 containing 13 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Lenoir City, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Lenoir City, TN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lenoir City, TN ranges from the highest value of $259,000 in 37771 to the lowest value of $259,000 in 37771. Bank owned homes and properties account for 0.13% of properties in Lenoir City, TN. There are 2 zips within Lenoir City, TN; 37771 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    37771 has 12 auction properties, the highest number of properties going to auction in a single zip in the state of Lenoir City, TN. Auction homes and other auction properties account for 1.90% of all properties in Lenoir City, TN. There are 2 zips within Lenoir City, TN; of those zips, the median estimated home value for homes going to auction ranges from $469,597 in 37772 to the lowest value of $140,519 in 37772.
Homes for Sale
Homes and properties that are actively listed for sale account for 73.76% of residential properties in Lenoir City, TN with 37771 containing 299 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Lenoir City, TN; homes for sale in those zips, have a range of median values from $7,547,817 in 37772 to the lowest value of $79,020 in 37771.
    Sold Homes
    The median value for recently sold homes ranges from $2,474,424 in 37772 to the lowest price of $55,953 in 37772. There are 2 zips within Lenoir City, TN. 37772 has 90 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 22.18% of properties in Lenoir City, TN.

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      Guide for Lenoir City, TN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.