Knoxville
About Knoxville, Tennessee
Welcome to Knoxville, Tennessee, a city that beautifully melds its rich historical roots with a vibrant modern culture. Nestled in the Great Smoky Mountains, Knoxville offers stunning natural beauty, a thriving arts scene, and a bustling downtown area. Known for the University of Tennessee and the Tennessee Volunteers, Knoxville boasts a strong sense of community and spirited college town atmosphere, complemented by its diverse culinary scene and numerous outdoor recreational opportunities.
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Average Home Prices in Knoxville
The average home price in Knoxville, TN, is approximately $343,120, illustrating the city's growing appeal and the healthy demand for real estate. Knoxville's real estate market is diverse, offering everything from historic homes in established neighborhoods to contemporary new developments, catering to a range of preferences and budgets. Whether you're looking for a downtown condo, a suburban family home, or a waterfront retreat, Knoxville provides a wealth of options for prospective homeowners.
Based on calculations of home data from MLS and/or public records.
Veteran Benefits in Tennessee
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Tennessee State Veterans Homes
Tennessee provides four state veteran homes in Clarksville, Humboldt, Knoxville, and Murfreesboro, catering to the needs of veterans and eligible family members with quality care facilities.
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County Motor Vehicle Privilege Tax
Qualified former POWs or 100% permanently and totally disabled veterans are exempt from the county motor vehicle privilege tax, offering financial relief.
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Disabled Veterans Property Tax Relief
Tennessee offers property tax relief for disabled veterans, easing the financial burden on those who have served and their families.
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Tennessee Veteran Employment Benefits
The state ensures veterans' preference in employment, credit for military service, and other benefits, aiding veterans in their transition to civilian careers.
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Dependent Education Benefits
Tennessee provides education benefits covering full college costs for children of veterans affected by service-related incidents, supporting their future educational pursuits.
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Veteran Recreation Benefits
Eligible disabled veterans enjoy complimentary hunting and fishing licenses and discounted camping, recognizing their service with recreational opportunities.
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Tennessee Veterans Cemeteries
With five state veterans cemeteries, Tennessee honors veterans with dignified final resting places, reflecting the state's gratitude for their service.
Knoxville Neighborhoods and Surrounding Areas
Knoxville's neighborhoods offer a variety of living experiences, each with its own unique character and community vibe. Here's a closer look at 25 of these neighborhoods, showcasing the diversity and appeal of Knoxville living:
- Sequoyah Hills: A picturesque neighborhood known for its lovely waterfront park and stately homes along Cherokee Boulevard.
- Fort Sanders: Located near the University of Tennessee, this area is vibrant with students, offering convenient access to campus amenities and downtown.
- Bearden: A diverse area with a mix of residential options, shopping, and dining, Bearden combines suburban comfort with urban convenience.
- Old City: A historic and artsy neighborhood, the Old City is known for its lively nightlife, unique shops, and eclectic dining options.
- West Hills: A family-friendly area with spacious homes, parks, and schools, West Hills is ideal for those seeking a suburban lifestyle.
- North Knoxville: Offering a range of affordable housing options, North Knoxville is a community in transition, attracting new residents and investment.
- South Knoxville: Known for its natural beauty and outdoor activities, South Knoxville has a laid-back vibe and a growing arts scene.
- Downtown Knoxville: The heart of the city, featuring a blend of historic and modern architecture, vibrant public squares, and an array of cultural attractions.
- Fourth and Gill: A neighborhood with charming Victorian homes and a strong sense of community, located just north of downtown.
- Farragut: An upscale area known for its excellent schools, shopping, and suburban comforts, located west of Knoxville.
- East Knoxville: An area rich in history and diversity, East Knoxville is home to several parks and community centers.
- Mechanicsville: A historic neighborhood close to downtown, known for its sense of community and revitalization efforts.
- Island Home Park: A scenic neighborhood located along the Tennessee River, known for its park-like setting and close-knit community.
- Lincoln Park: An area with a mix of residential and industrial spaces, Lincoln Park is known for its community spirit and central location.
- Parkridge: Boasting historic homes and a vibrant community association, Parkridge is an area with charm and revitalization energy.
- Rocky Hill: A neighborhood with a blend of older and new homes, Rocky Hill offers a suburban feel with convenient city access.
- Holston Hills: Known for its beautiful 1920s and 1930s homes and golf course, Holston Hills offers a serene and scenic living environment.
- Cedar Bluff: A commercial and residential area, Cedar Bluff provides various amenities and housing styles, catering to professionals and families.
- Concord: Featuring lakefront properties and recreational opportunities, Concord is ideal for those seeking waterfront living.
- Norwood: With affordable housing and a convenient location, Norwood is an appealing option for first-time homebuyers.
- Powell: Known for its excellent schools and community focus, Powell offers a range of housing options in a more rural setting.
- Sequoyah: Offering an array of housing styles and a strong community association, Sequoyah is nestled between Kingston Pike and the river.
- Fort Hill: With its historic significance and proximity to downtown, Fort Hill is a neighborhood with character and potential.
- Belle Morris: A neighborhood with a mix of housing styles and a strong community feel, Belle Morris is convenient to shopping and downtown.
- Westmoreland: Known for its upscale homes and lush landscapes, Westmoreland is one of Knoxville's more prestigious neighborhoods.
Military in Tennessee
Knoxville appreciates and supports its military community, highlighted by the presence of significant installations and resources:
- McGhee Tyson Air National Guard Base: Located just south of Knoxville, this base is a vital component of the Air National Guard and provides numerous jobs and services to military personnel in the region.
- Army Recruiting Battalion Knoxville: This battalion plays a crucial role in army recruitment, offering various opportunities for service and career advancement in the military.
Local Universities in Knoxville
Knoxville is a center of academic excellence, home to several institutions that offer a diverse range of programs and opportunities for students:
- University of Tennessee, Knoxville: As the flagship campus of the state's university system, it offers a comprehensive range of undergraduate, graduate, and professional programs, fostering a vibrant academic community.
- Pellissippi State Community College: Known for its strong focus on student success and workforce development, Pellissippi State offers a variety of associate degrees and technical certificates.
- South College: Providing a range of certificate, associate, bachelor's, and graduate programs, South College caters to students with diverse academic and career goals.
VA Loan Benefits in Knoxville
VA Loans offer substantial benefits for veterans in Knoxville, facilitating homeownership with advantageous terms:
- No Down Payment: Veterans can buy homes in Knoxville without needing a down payment, significantly lowering the barrier to homeownership.
- Competitive Interest Rates: VA Loans offer favorable interest rates compared to conventional loans, making homeownership more affordable for veterans.
- No PMI: Eliminating the need for private mortgage insurance, VA Loans reduce monthly mortgage payments for veterans.
MHS Lending is dedicated to assisting Knoxville's veterans in navigating the VA Loan process, providing expert guidance to help them maximize their benefits and achieve their homeownership goals.
