In August 2023, the median sale price of a home in Knox County rose by $22,500 from the same period in the previous year, while total sales decreased by 9.4%, according to BlockShopper.com.
Data shows that there were 48 homes sold in August 2023, with a median sale price of $99,000 – a 29.4% increase over the $76,500 median sale price for the same period of the previous year. There were 53 homes sold in Knox County in August 2022.
For context, the median sales tax in Knox County, based on the latest available data from 2021, was $1,474, which stands at 1.5% of August 2023’s median home sale price.
The following histogram displays changes in median sales prices in Knox County from August 2022 to August 2023.
