Knoxville Real Estate Outlook: Navigating the 2024 Market for Homeowners, Buyers, and Sellers

January 10, 2024 By Troy Stavros

Move-In Ready Home for Sale in Knoxville, TN | Fully Renovated Near Turkey Creek!

For Sale: 10612 Bitteroot Way, Knoxville, TN 37932 Nestled on a private wooded lot in a prime Knoxville location, this stunning one-level home has been fully updated from top to bottom! Conveniently located off Pellissippi Parkway near Turkey Creek Shopping, you’ll enjoy easy access to dining, shopping, and entertainment—all while coming home to your own […]

Knoxville & East Tennessee Housing Market Update | January 2025 Real Estate Trends & Insights

Are you planning to buy or sell a home in Knoxville, TN, or East Tennessee? Understanding the local housing market is essential to making informed decisions. Our January 2025 Knoxville and East Tennessee Housing Market Update provides the latest insights into market trends, pricing, and opportunities for buyers and sellers. Whether you’re navigating Knoxville’s competitive […]

What Buyers and Sellers Need to Know in 2025 – December Knoxville Update

If you’re considering buying or selling a home in Knoxville or East Tennessee, the real estate market is positioned for an exciting year in 2025. With strong demand, competitive pricing, and Knoxville being identified as a housing hotspot by the National Association of Realtors and Zillow, there’s never been a better time to make your […]

Knoxville and East Tennessee Housing Market Update – November 2024

Welcome to your November 2024 Knoxville and East Tennessee Housing Market Update! Whether you’re considering buying or selling a home in Knoxville, Tennessee, or the surrounding East Tennessee region, understanding the latest market trends is essential. Let’s dive into the insights for November 2024 and explore how the market is shaping up as we head […]

Get your slice of Tennessee Heaven: Home for sale at 1305 Pin Hook Road, Spring City, TN on 3.6 acres with the lake across the street

Come get your slice of Tennessee Heaven! Set on 3.6 sprawling acres near the Tennessee River, this inviting 3-bedroom, 3-bathroom home offers an ideal blend of space and serenity. A covered front porch welcomes you home, while the surrounding acreage provides the perfect canvas for outdoor living and recreation. Inside, discover comfortable living spaces including […]

October 2024 Knoxville & East Tennessee Housing Market Update: Key Insights & Trends

Welcome to your comprehensive October 2024 update on the Knoxville and East Tennessee housing markets! Whether you’re buying, selling, or just curious about the local real estate scene, we’ve got the latest insights and data you need. Market Overview: East Tennessee In October 2024, home sales in East Tennessee experienced a slight decline, down by […]

Knoxville Real Estate Market Update: September 2024 Trends and Insights

Are you considering buying or selling a home in Knoxville, Tennessee? Stay informed with our latest market update, featuring key trends and statistics from September 2024. Whether you’re a first-time homebuyer, seasoned investor, or looking to sell your property, understanding the current real estate landscape is crucial for making informed decisions. Knoxville Housing Market Overview […]

Stunning Custom Home Tour | Tellico Village Gem | Tennessee Luxury Real Estate – 182 Oostanali Way

Discover your dream home at 182 Oostanali Way, Loudon, TN, nestled in the heart of Tellico Village. This custom-built masterpiece by Tyndale Construction offers the perfect blend of luxury, comfort, and resort-style living. Exquisite Design and Craftsmanship Step into this 3-bedroom haven featuring 2 custom luxury baths, each boasting walk-in showers with no-step entry, custom […]

Stunning One-Level Home Near Downtown Knoxville | Updated Kitchen, Large Deck, & Big Backyard!

Welcome to this beautifully updated, one-level home in the heart of Knoxville, Tennessee located at 3108 Walridge Road, Knoxville, TN 37921, just 13 minutes from downtown and the University of Tennessee. Step inside to discover gleaming hardwood floors and stylish tile throughout the open living spaces. The modern kitchen, with stainless steel appliances, a farmhouse […]

East Tennessee and Knoxville August Housing Market Update: What Homebuyers and Sellers Need to Know

As we step into the fall season, the housing market in East Tennessee and Knoxville is displaying notable trends that are important for both buyers and sellers to understand. This August has marked some key changes in inventory, sales, and pricing that could impact how you approach buying or selling your home. Here’s a comprehensive […]

Stunning Farragut Dream Pool Home with Backyard Oasis in Rockwell Farm!

Welcome to your dream home, perfectly nestled in the heart of sought-after Farragut, TN. Located at 436 Rockwell Farm Lane, Knoxville, Tennessee, this beautiful 2-story residence offers 4 spacious bedrooms and a large bonus room that easily serves as a 5th bedroom, providing the perfect mix of comfort and flexibility. With 2.5 elegantly updated bathrooms, […]

JULY 2024 Knoxville & East Tennessee Housing Market Update “How’s the market?”

If you’re considering buying or selling real estate in East Tennessee or Knoxville, staying informed about the latest market trends is crucial. The housing market in these areas continues to evolve, influenced by economic conditions, mortgage rate fluctuations, and generational trends. Here’s a comprehensive update for July 2024 to help you make the best decisions […]

July 15, 2024 Monday Market Minute – Knoxville Real Estate and Housing Market Data

As the real estate landscape in Knoxville, Tennessee, continues to evolve, staying informed about the latest market trends is crucial for both buyers and sellers. Let’s delve into the current state of the Knoxville real estate market, based on the latest data and insights provided by Troy Stavros from Cornerstone Realty Associates. Market Overview: Demand […]

East Tennessee and Knoxville Real Estate Market Report: JUNE 2024

As the summer heats up, so does the real estate market in East Tennessee and Knoxville. With data gathered through the end of June, we have a comprehensive look at the current trends and what buyers and sellers can expect in the coming months. East Tennessee Market Overview Home Sales and Inventory The absorption rate […]

East Tennessee and Knoxville Housing Market Trends: A Comprehensive May 2024 Analysis

Are you looking to buy or sell real estate in East Tennessee or Knoxville? Understanding the latest market trends can help you make informed decisions. Here’s a detailed look at the current state of the housing market in these regions as of May 2024. East Tennessee Market Overview Home Sales and Inventory: Prices and Absorption […]

Luxurious Custom Oasis in Farragut, Tennessee – Home for sale at 11808 Corto Lane, Knoxville, TN

Experience Unmatched Privacy and Elegance in Farragut Nestled on over an acre of pristine land in the heart of Farragut, Tennessee, this gated, custom-built luxury home offers an unparalleled living experience. It’s an oasis of tranquility amidst the bustling town, combining privacy with the convenience of nearby amenities. Best of all, this home is not […]

Luxurious Modern Living in Tellico Village – Home for sale at 134 Kawga Way, Loudon, TN 37774

Welcome to your dream home, built in 2022 and enhanced with over $50,000 in stunning landscaping. This better-than-new, single-level residence offers 3 bedrooms and 2 baths within an open floor plan designed for both comfort and elegance. Step into the heart of the home: a chef’s kitchen boasting upgraded black stainless appliances, including double ovens, […]

April 2024 Housing Market Update: Insights into Knoxville & East Tennessee’s Real Estate Trends

As we delve into the bustling spring housing market of 2024, Knoxville and the broader East Tennessee area are witnessing significant growth and opportunities for both buyers and sellers. The latest data showcases a dynamic market, marked by increases in home sales, inventory, and median prices, promising an exciting landscape for potential homebuyers and investors. […]

Current Trends in the Knoxville Housing Market: An April 29th 2024 “How’s The Market?” Update

The Knoxville housing market is showcasing a range of dynamic changes as we move deeper into the spring of 2024. This latest update from Troy Stavros of Cornerstone Realty Associates provides a comprehensive overview of the current market trends that are shaping the local real estate landscape. Positive Trends in Knoxville Median Home Prices and […]

Charming Modern Farmhouse in Prime West Knoxville Location – 209 Wakefield Road, Knoxville, TN 37922

Discover the perfect blend of comfort and convenience in this beautifully updated basement rancher, ideally situated in the heart of West Knoxville. Offering easy access to popular shopping destinations, trendy coffee shops, and dining options including Costco and a range of eateries at Turkey Creek, your new home is also a commuter’s delight with swift […]

Unveiling the Spring 2024 Real Estate Trends in East Tennessee and Knoxville: MARCH UPDATE

As we transition into the vibrant spring season, both the East Tennessee and Knoxville real estate markets are showing dynamic shifts that could influence your decision to buy or sell property. In this blog post, we’ll delve into the latest market statistics from March 2024, offering insights for homeowners, buyers, and sellers in these areas. […]

Rates Jump To Highest % in 2024: Understanding Recent Movements in Mortgage Rates

As we moved through 2023, mortgage rates saw several notable increases, often spiking by approximately half a percent within short periods spanning one to three weeks. After a significant upward adjustment in November, similar shifts were largely absent from the landscape—until recently. An anomaly occurred in early February, characterized by a rapid decline in rates, […]

Debunking the Foreclosure Crisis Myth: Knoxville & East Tennessee Real Estate Forecast 2024

In the dynamic world of real estate, the Knoxville and East Tennessee markets stand out for their resilience and the opportunities they present to buyers and sellers alike. With a history that saw the turbulence of the Great Recession and the unprecedented challenges of the pandemic, understanding foreclosure trends becomes pivotal for those navigating this […]

February 2024 Farragut, TN Real Estate Market Update: Expert Insights for Buyers & Sellers

CLICK HERE TO SEE ALL HOMES FOR SALE IN FARRAGUT, TENNESSEE The Farragut, Tennessee, real estate market has presented a mixed bag of trends as of February 2024, offering unique opportunities and challenges for both buyers and sellers. Troy Stavros from Cornerstone Realty Associates brings us an in-depth analysis of the market dynamics, revealing essential […]

Tellico Village Real Estate Market Update: Trends and Insights for February 2024

CLICK HERE TO SEE ALL TELLICO VILLAGE HOMES FOR SALE As your local real estate experts at Cornerstone Realty Associates in Knoxville, we’re thrilled to bring you the latest insights into the Tellico Village housing market as of February 2024. Whether you’re considering buying a dream home in this vibrant community or selling your property, […]

Knoxville and East Tennessee Real Estate Market Update Through FEBRUARY 2024

The real estate landscape in Knoxville and the broader East Tennessee region has been a roller coaster of highs and lows, with significant shifts in home sales, prices, and rental growth rates. As we delve into the intricacies of these changes, potential buyers, sellers, and local homeowners will find valuable insights to navigate the market […]

Exclusive Farragut Find: Contemporary 3-Bed Luxury Home with Pool & Golf Club Access | Knoxville Golf Homes

One Level Living in Farragut’s Fox Den Subdivision Embrace single-level sophistication and unmatched lifestyle offerings with this unique, contemporary gem nestled in Farragut’s serene Fox Den Subdivision. This elegantly designed home, a true rarity, boasts an expansive open floor plan accentuated by an abundance of natural light, creating an inviting atmosphere for both relaxation and […]

KNOXVILLE HAS SEEN A 114% INCREASE IN THE INCOME NEEDED TO AFFORD A MEDIAN-PRICED HOME SINCE 2020

In the wake of Knoxville’s evolving real estate landscape, both buyers and sellers are finding themselves at a critical juncture. The city, renowned for its vibrant culture and scenic beauty, has recently witnessed a significant shift in the housing market, a development that merits a closer examination. A Staggering Increase: The Financial Implications Recent data […]

March 4th Knoxville Real Estate Market Weekly Update: Opportunities for Buyers and Sellers

Exploring the Knoxville Real Estate Market: Opportunities for Buyers and Sellers In the vibrant heart of Tennessee, the Knoxville real estate market is flourishing, presenting unique opportunities for both buyers and sellers. As we delve into the latest market trends with the week ending on Friday, March 1st, Knoxville’s landscape showcases a promising arena for […]

Navigating the Rising Tide: Knoxville Real Estate Trends and Projections (#1 in the Country!)

Knoxville’s real estate landscape has seen significant shifts over the past year, marking it as a hotspot for buyers and sellers alike. With an impressive growth trajectory and promising projections, understanding these trends is key for anyone looking to make a move in this vibrant market Knoxville Market Overview The past year has been remarkable […]

Let’s look at the Farragut, TN Housing Market: Insights from January 2024

The Farragut, Tennessee housing market has shown some intriguing trends as we closed January 2024. Those considering buying or selling homes in Farragut should take note of these developments to make informed decisions. Despite a year-over-year decrease in home sales and pending sales, largely attributed to a significant winter storm, the market dynamics offer unique […]

Navigating the Tellico Village Real Estate Market: Insights for January 2024

Click here to see homes for sale in Tellico Village In the picturesque setting of Tellico Village, the real estate landscape is as dynamic as ever, reflecting both challenges and opportunities for buyers and sellers alike. The January 2024 market update reveals a nuanced picture of the local housing scene, marked by a blend of […]

Navigating the Knoxville Real Estate Market: Insights for Buyers and Sellers – Monday February 19th

The Knoxville real estate market is bustling with opportunities and challenges for both buyers and sellers. As we delve into the latest market update, it’s clear that understanding the current trends is crucial for anyone looking to make a move in this vibrant city. For Buyers: Seizing Opportunities Knoxville’s real estate landscape offers a diverse […]

East Tennessee & Knoxville Real Estate Market Update JAN 2024: Opportunities for Buyers and Sellers

The real estate market in East Tennessee, including the vibrant Knoxville area, is poised for a significant upturn after a challenging couple of years. With mortgage rates expected to improve and housing becoming more affordable in the latter half of 2024, we’re on the brink of a dynamic shift. This anticipated change is set to […]

Farragut, Tennessee Housing Market Update: December 2023 (plus a year end review)

A Year in Review: Insights into Farragut’s Real Estate Dynamics As 2023 draws to a close, the Farragut, Tennessee, real estate market presents a unique landscape for buyers, sellers, and homeowners. This video provides a synthesized overview of market trends, offering valuable insights as we head into 2024. Current Market Trends in Farragut Farragut’s housing […]

Tellico Village Housing Market Update: December 2023 (plus a year in review)

Understanding the Current Market Dynamics As we close out 2023, it’s essential to reflect on the real estate trends in Tellico Village. The year has been an interesting one for both buyers and sellers in this vibrant community. This article offers a comprehensive overview of the housing market in Tellico Village as of December 2023, […]

Knoxville Real Estate Outlook: Navigating the 2024 Market for Homeowners, Buyers, and Sellers (DECEMBER 2023 UPDATE)

1. Understanding the 2024 Housing Market: A Turning Point for Knoxville Home Buyers Recent findings have highlighted a pivotal shift in the housing market, particularly relevant for those in Knoxville, Tennessee. While 2023 saw a daunting surge in U.S. mortgage rates, peaking since 2001 and even surpassing 8% in October, there’s now a glimmer of […]

Knoxville and Farragut Tennessee’s Apartment Boom: A Win for Renters and the Broader Economy

Unpacking the Apartment Surge in Knoxville and Farragut The Knoxville and Farragut areas are currently experiencing a significant increase in apartment construction, a trend that’s reshaping the local housing landscape. As more complexes rise, renters are greeted with a wealth of choices and enhanced affordability. This surge is not just altering the skyline; it’s setting […]

Year Over Year Change in Rent Prices in Tennessee’s Biggest Cities

The latest insights from Rentometer.com reveal that the average rent for three-bedroom single-family rentals (SFRs) in Knoxville hit $2,235 in Q3 2023, marking a 3% increase from last year. In contrast, a 3-BR apartment averaged $1,799 during the same period. Notably, Knoxville leads the five largest Tennessee cities with the largest year-over-year rent increase for […]