Wondering whether it is worth it to sell your home and move to Knoxville, Tennessee? The decision might seem tough, but we’re here to make it a little easier. Knoxville is an exciting city with opportunities for all, and it’s been steadily growing for the last few years. If you’re living somewhere else in the state and are thinking you want to sell your home in Tennessee and move to Knoxville, we hope this guide can help you with your decision!
Housing Market
Before you can sell your house in Tennessee and relocate to Knoxville, you’ll need a home in the city! Redfin reports that Knoxville’s housing market is “Somewhat Competitive,” earning a 54 out of 100 score on their website in December 2020. Homes tend to sell at their list price or just below, and homes usually stay on the market around 45 days.
As of December 2020, the median sale price of homes in Knoxville is $257,500. Redfin states that this figure is up 15% from this time in 2019, and it doesn’t appear that prices are going to stop rising anytime soon. If you do move to the city and eventually want to sell your house in Knoxville, you’re likely to make a solid return on your investment!
Job Prospects
When you’re thinking you want to sell your home and move to Knoxville, you’re probably curious about the job market. According to U.S. News, just 3.2% of people in the city are without a job, which is 0.5% lower than the national average for unemployment. Knoxville is home to a major university and several health centers, so anyone working in education or the medical field should have an easy time finding work.
Things to Do
Of course, you’ll also want plenty of entertainment when you move to Knoxville! Don’t worry; there’s something here for everyone. Knoxville is a college town, hosting the flagship campus of the University of Tennessee, so there’s always something fun going on. Much of the entertainment here has to do with the outdoors, since Knoxville is so close to the mountains. Some examples of popular outdoor attractions include Ijams Nature Center, Little River, Seven Islands State Birding Park, and the Knoxville Botanical Garden and Arboretum.
Knoxville is also a place of interesting history. The city is home to the World’s Fair Park, a recreation of the site of the 1982 World’s Fair. You can also learn about local history and culture with a stroll through the Knoxville Museum of Art or the Women’s Basketball Hall of Fame. Market Square is popular for shopping, and Muse Knoxville is a great place to bring your kids!
Whether you’re moving to Knoxville from across the country, or you’re going to sell your house in Tennesseeand head to this incredible city, you’re sure to be pleased. Knoxville is a bustling city with a little something for everyone, so every new resident can embark on an exciting new adventure here!
