Lenoir City, TN

Leaning buyer's+70.1% YoY

Housing market overview · Updated weekly

$535,000median sale price

Homes sold

10

Last 12 weeks

Days on market

166

Average pace

Active listings

70

7.0 months supply

Sale-to-list

100.1%

Above asking

The Lenoir City housing market is currently classified as a leaning buyer's with a median sale price of $535,000. Prices have risen 70.1% compared to last year, with homes spending an average of 166 days on market, indicating 7.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Lenoir City

There are currently 70 homes listed for sale in Lenoir City, Tennessee. The median listing price is $481K.

Active listings

70

Homes on market

Median list price

$481K

Avg. days on market

166

Days until sale

New this week

20

Newly listed

Price drops:12.9%of listings
Sale-to-list:100.1%

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Frequently asked questions

What is the average home price in Lenoir City?

The median home sale price in Lenoir City is $535,000, up 70.1% from last year.

How long do homes stay on market in Lenoir City?

Homes typically spend 166 days on market before going under contract.

Is Lenoir City a buyer's or seller's market?

With 7.0 months of supply, Lenoir City is currently a leaning buyer's.

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