Home prices
The median home value in Lenoir City is $125,500. This is about $55,700 (30%) lower compared to its nearby areas.Compared to the entire country it is about $92,000 (42%) lower, and is roughly $10,800 (7%) lower compared to the city of Knoxville.
Rents
In Lenoir City the median rent is $819 a month. It is about $64 (7%) lower compared to its nearby areas.In comparison to the country as a whole it is about $243 (22%) lower, and in comparison to the city of Knoxville is roughly $26 (3%) lower.
Nearby places
Farragut
Farragut is approximately 6 miles northeast from Lenoir City. Its real estate prices are substantially more expensive. The median home price in Farragut is $370,400, which comes out to $244,900 (66%) higher than Lenoir City. Rent there is a bit more expensive. Farragut's median rent is $1,120 per month, which is $301 (26%) higher than Lenoir City.
Loudon
Loudon is about 6 miles southwest of Lenoir City. Its housing prices are pretty similar. Loudon's median home value is $123,300, which works out to $2,200 (1%) lower than Lenoir City. Rents there are a bit less expensive. The median monthly rent in Loudon is $743, which is $76 (10%) lower than Lenoir City.
Friendsville
Friendsville is about 8 miles southeast from Lenoir City. Its housing prices are a bit more expensive. The median home in Friendsville costs $138,600, which is $13,100 (9%) higher than Lenoir City. Rent there is a little more expensive. Friendsville's median rent is $1,007 a month, which works out to $188 (18%) higher than Lenoir City.
Oak Ridge
Oak Ridge is about 10 miles north from Lenoir City. Housing prices there are a little more expensive. The median home in Oak Ridge costs $155,800, which works out to $30,300 (19%) higher than Lenoir City. The rent there is fairly similar. In Oak Ridge the median rent is $806 per month, which comes out to $13 (1%) lower than Lenoir City.
Philadelphia
Philadelphia is approximately 11 miles southwest from Lenoir City. Its housing prices are somewhat less expensive. The median home in Philadelphia is valued at $117,900, which works out to $7,600 (6%) lower than Lenoir City. Rent there is somewhat less expensive. The median monthly rent in Philadelphia is $737, which comes out to $82 (11%) lower than Lenoir City.
