Lenoir City, TN Home Values & Market Trends
Real estate market trends reflect that there have been 540 transactions over the past year in Lenoir City. The median value for residential home transactions that occurred over the previous year is $381,555.31. The number of current listings in Lenoir City is 99, and the percentage of properties for sale in the city is 99.00%. Lenoir City, TN currently has 5 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 99 properties for sale.
Lenoir City, TN Real Estate Market Overview
Housing Market Summary for Lenoir City, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $462.5K | $356.7K | -22.87% |
| Median Sold Price | $364.8K | $356.7K | -2.21% |
| Homes For Sale | 60 | 77 | 28.33% |
| Homes Sold | 285 | 243 | -14.74% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lenoir City, TN
Browse Homes in Lenoir City, TN
Lenoir City home values range from $24,783 to $8,833,422. The median estimated value of a home in Lenoir City is $381,555.31. The median list price of a home is 475,000, and the total count of properties in the city is 12,470.
- Pre-ForeclosurePre-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 OwnedThe median estimated home value of bank owned homes (REO properties) in Lenoir City, TN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lenoir City, TN. There are 2 zips within Lenoir City, TN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions37771 has 5 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 0.04% 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 $311,836 in 37771 to the lowest value of $91,023 in 37771.
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More Real Estate Resources for Lenoir City, TN
Guide for Lenoir City, TN
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Tennessee Foreclosure Laws