Home Prices In Knoxville Area Increased Recently

in Real Estate

KNOXVILLE, TN — Nationally, home prices increased in the last year at the fastest rate since the 1970s, but the rate of increase is expected to slow between 2021 and 2022.

Prices increased 2.9 percent from April to May in the Knoxville TN Metropolitan Statistical Area, according to the latest data from the S&P CoreLogic Case-Shiller Index, one of the leading trackers of the housing market. Prices are up 19.6 percent from June 2020.

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