Owning your own home in Knoxville may be easier and more affordable than you think. Through a limited time offer, certain government owned homes will pay up to 3.5% of the purchase price in closing costs. Wow, savings on closing costs up to 3.5% really adds up and these savings can help you pay for painting, new carpet, new furniture, moving expenses, you name it.

To qualify for this great money-saving offer, give us a call or submit the quick online form at the bottom of the page and we'll send you a free list of the Knoxville government owned homes in your area that qualify for this great program.

Knox County Home Sales Report - 3rd Quarter 2008
3rd Quarter 2008 List Price Range	# Units Sold	Average Closing Price	Avg DOM	Average List Price	Average Original List Price
$10,000 - $19,999	8	$13,838	63	$17,750	$28,413
$20,000 - $29,999	13	$22,062	30	$25,965	$27,777
$30,000 - $39,999	28	$28,229	38	$35,271	$37,129
$40,000 - $49,999	23	$41,433	91	$46,265	$52,089
$50,000 - $59,999	21	$53,860	51	$56,071	$57,257
$60,000 - $69,999	32	$63,325	68	$66,232	$71,978
$70,000 - $79,999	30	$73,637	80	$76,450	$80,437
$80,000 - $89,999	41	$84,471	75	$87,305	$91,639
$90,000 - $99,999	52	$93,708	92	$96,931	$100,849
$100,000 - $124,999	132	$111,278	83	$114,610	$117,780
$125,000 - $149,999	184	$136,016	80	$138,324	$216,381
$150,000 - $199,999	310	$171,809	85	$176,448	$180,685
$200,000 - $249,999	174	$220,389	105	$227,024	$233,850
$250,000 - $299,999	119	$265,805	103	$274,552	$279,688
$300,000 - $349,999	59	$314,429	112	$323,684	$331,118
$350,000 - $399,999	54	$369,429	93	$380,387	$388,090
$400,000 - $499,999	51	$433,253	85	$443,199	$448,629
$500,000 - $749,999	49	$583,063	125	$603,082	$632,937
$750,000 - $999,999	10	$813,155	137	$875,970	$925,540
$1,000,000+	10	$1,325,900	148	$1,464,750	$1,494,750
Averages/Totals	1400	$206,682	89	$213,853	$229,773

 

Knox County - Previous 2nd Quarter Statistics
2nd Quarter 2008 List Price Range	# Units Sold	Average Closing Price	Avg DOM	Average List Price	Average Original List Price
$10,000 - $19,999	7	$14,993	75	$17,786	$20,657
$20,000 - $29,999	21	$23,058	75	$26,690	$32,481
$30,000 - $39,999	35	$33,678	65	$36,934	$41,333
$40,000 - $49,999	28	$59,455	53	$46,374	$49,782
$50,000 - $59,999	22	$54,916	73	$56,745	$60,764
$60,000 - $69,999	35	$63,614	96	$66,443	$72,254
$70,000 - $79,999	38	$74,036	70	$76,515	$78,507
$80,000 - $89,999	46	$84,054	73	$86,628	$88,395
$90,000 - $99,999	48	$94,539	78	$97,319	$99,934
$100,000 - $124,999	153	$111,898	72	$114,842	$117,093
$125,000 - $149,999	177	$135,747	74	$138,868	$141,644
$150,000 - $199,999	324	$172,895	89	$176,959	$183,485
$200,000 - $249,999	192	$222,082	94	$227,291	$229,718
$250,000 - $299,999	123	$268,760	106	$276,120	$279,804
$300,000 - $349,999	67	$320,024	91	$328,138	$331,708
$350,000 - $399,999	64	$372,197	98	$376,797	$380,862
$400,000 - $499,999	50	$441,945	109	$454,333	$458,482
$500,000 - $749,999	47	$588,603	117	$608,906	$621,153
$750,000 - $999,999	9	$786,211	176	$843,311	$882,311
$1,000,000+	9	$1,286,754	97	$1,372,100	$1,416,433
Averages/Totals	1,495	$203,765	87	$209,282	$213,875

 

Knox County - Previous 1st Quarter Statistics
1st Quarter 2008 List Price Range	# Units Sold	Average Closing Price	Avg DOM	Average List Price	Average Original List Price
$0 - $9,999	2	$7,450	62	$6,450	$16,203
$10,000 - $19,999	17	$14,179	57	$16,671	$22,583
$20,000 - $29,999	26	$22,246	68	$26,683	$29,579
$30,000 - $39,999	27	$32,544	71	$35,999	$40,714
$40,000 - $49,999	21	$42,719	67	$46,881	$52,067
$50,000 - $59,999	23	$50,088	60	$55,557	$60,372
$60,000 - $69,999	25	$63,232	55	$67,432	$69,549
$70,000 - $79,999	25	$73,008	85	$76,899	$79,145
$80,000 - $89,999	23	$84,509	52	$86,348	$87,974
$90,000 - $99,999	40	$94,042	72	$96,211	$99,433
$100,000 - $124,999	113	$112,054	81	$115,552	$118,807
$125,000 - $149,999	127	$134,916	95	$139,366	$143,343
$150,000 - $199,999	230	$171,617	86	$176,489	$259,645
$200,000 - $249,999	108	$219,184	104	$225,966	$230,079
$250,000 - $299,999	86	$270,002	114	$277,789	$283,371
$300,000 - $349,999	50	$317,642	101	$326,786	$336,465
$350,000 - $399,999	38	$359,542	126	$375,289	$379,788
$400,000 - $499,999	30	$441,621	100	$452,319	$459,839
$500,000 - $749,999	38	$589,758	149	$610,764	$630,303
$750,000 - $999,999	6	$792,500	126	$860,217	$908,867
$1,000,000+	4	$1,275,250	248	$1,405,500	$1,470,000
Averages/Totals	1,059	$192,724	92	$199,691	$222,272

 

Thinking about buying a home in Knoxville Tennessee? If so the timing may never be better. Now is a great time to buy a Knoxville Home!

Buying your first home is one of the most exciting things you will ever do.  If you have spent years living in apartments and rental houses, there is nothing more satisfying than owning your own home.  The process can be a little lengthy and you might hit a few bumps in the road to home ownership.  The following tips will help the first time home buyer avoid some of the hiccups traveling down the road leading to Knoxville Tennessee Real Estate Home Ownership.

The first thing you should do is talk to a Knoxville Real Estate Agent about the home buying process.  It should not be a sales meeting and you should be able to find an agent that will agree to meet with you about the basics without having to sign a buyer's representation agreement with them.  If you can't find a good agent to talk to, you might want to consider talking to a loan officer at your bank or a mortgage broker.

It has been said that moving and divorce are the two of the most stressful events a person or family can experience.  Divorce is a subject for another time. Let's consider the event of moving and look at some ways to make your Knoxville Home hunting trip less stressful and more effective.

Location is the first factor to consider when planning a move.  If you have children, or are planning a family, you will want to know about the schools in the area.  How about shopping centers, medical facilities, recreational opportunities and of course how far will you be from your place of employment.