Over the past few years, Knoxville's population has steadily grown, and with a great school system, restaurants with noteworthy Southern food, and a beautiful downtown it's not hard to see why. If you're looking to move to Knoxville, we've linked some resources below to help you prepare. And you can find one of the best home inspectors from our list above.
While Knoxville has seen steady population growth since 2019, the housing market is still only scored at 55 by Redfin's Compete Score, meaning the housing market is only somewhat competitive. In 2022, homes in Knoxville usually sell within 41 days. Although the housing market in Knoxville isn't particularly hot, home prices are up year-over-year and the average home sells for $320k, which is up 23% from 2021.
As a prospective home buyer, a somewhat competitive market might be a good thing — you might be able to negotiate a home price based on defects or weak areas found in your home inspection.
In Tennessee, the average cost of a home inspection is $408. However, a few factors about your home could affect your inspection price; the square footage and age of your home could impact what you pay for a home inspection. Generally speaking, larger, older homes will see pricier inspections.
During a home inspection, an inspector will usually examine the exterior of your building (including windows, siding, exterior facing doors, walkways and driveways, and patios/decks), the roof, the basement, cooling structures, insulation and ventilation, the attic, plumbing and electrical, and the interior of your home. It's important to get a home inspection in Knoxville to ensure your home is safe and to make sure you're aware of any costs for aspects of your home you may need to put time and money into fixing.