The Federal Housing Finance Agency said home prices in Knoxville increased by 11.7% compared to the previous year in the fourth quarter of 2023. Quarter-over-quarter, it increased by around 2.3%. The city ranked higher than areas like West Palm Beach in Florida and Syracuse in New York The Miami, Florida, area ranked at the top of the list.

Report: Knoxville stays among top-10 US cities for rising home prices, most realtors expect continued increases over the next year

jbr's picture

Homeowners grapple with the sky-rocketing cost of homeownership

For American homeowners in 2024, mortgages are at the highest rates in decades. But that’s only the surface of rising costs, with insurance, maintenance and taxes taking an increasing toll on homeowner expenses. NBC News’ Christine Romans reports on the price of making some American dreams come true.

Homeowners grapple with the sky-rocketing cost of homeownership

Up Goose Creek's picture

Alternatives

At some point people without roots in Knoxville will look elsewhere for housing.

2500 sf beautiful historic home for $375,000.

(link...)

Yes it's in Northern Chicagoland but there's a sunporch where you can pretend it's summer on winter days.

bizgrrl's picture

Gorgeous. Yes, for those

Gorgeous. Yes, for those passing through.

jbr's picture

Rents surged 30.4% nationwide

Rents surged 30.4% nationwide between 2019 and 2023, while wages rose 20.2% over the same period, according to a recent analysis by Zillow and StreetEasy.

Wages are keeping up with rent in only these 6 large US cities

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