Knoxville, TN Real Estate

According to census data in the year 2000 there were 84,897 housing units in Knoxville. This represents a 11% growth from 76,453 in 1990.

Of those housing units, 84,830 were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.

Homeownership rate in Knoxville is about 51.1%. Knoxville's vacancy rate, including seasonal lodging, is about 9.8%. Average household size is 2.12 people.

The majority of houses, apartments or condos in Knoxville were built after 1964.


Housing Size

Housing Units by Size
Studio Type3.10%
One Bedroom18.50%
Two Bedrooms36.60%
Three Bedrooms31.60%
Four Bedrooms8.50%
Five Bedrooms or more1.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1958
Median Value of occupied units$78,000
Median Price asked for vacant units$65,900

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1970
Median Monthly Rent asked for vacant units$378

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.20%
Home Equity Loan6%
Simple Mortgage49.40%
Debt Free37.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%