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Sunday, November 24, 2024

Knox County home prices rose in the first half of 2022

Realestate5

The median sale price of a home sold in the first half of 2022 in Knox County rose by $30,000 while total sales decreased by 16.4%.

From January through June of 2022, there were 204 homes sold, with a median sale price of $180,000 - a 20% increase over the $150,000 median sale price for the same period of the previous year. There were 244 homes sold in Knox County in the first half of 2021.

The median sales tax in Knox County for the most recent year with available data, 2019, was $1,501 approximately 0.8% of the median home sale price for the first half of 2022.

The following histogram displays changes in median sales prices in Knox County from January 2021 to June 2022.

Jan. - June 2021July - Dec. 2021Jan. - June 2022$150000$150000$168000$168000$180000$180000

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