Housing in Lenoir City, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$363,950

Median List Price

$385,000

Price Per Sq Ft

$210

Days on Market

68

Active Inventory

66

Months of Supply

6.6

Buyer's market

Zillow Home Value

$402,504

ZHVI — January 2026

Zillow Rent Index

$1,754

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 15.2%List Price 16.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

10.0%

Off Market in 2 Weeks

31.3%

Sale-to-List Ratio

97.1%

Buyer's market

Sold Above Asking
10.0%
Under Contract in 2 Wks
31.3%
Listings with Price Drops
10.6%

Market Activity

Source: Redfin

Homes Sold

10

New Listings

19

Pending Sales

16

Homes Sold 28.6%New Listings 17.4%Pending 36.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$210

Median List $/SF

$192

Sale $/SF 7.1%List $/SF 14.7%Mar 24Jan 26

Lenoir City vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Lenoir City is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$214,300

Median Rent

$913

Total Housing Units

4,696

Vacancy Rate

7.6%

Owner Occupied

62.5%

Renter Occupied

37.5%

Median Property Tax

$890

per year

Monthly Cost (w/ Mortgage)

$1,028

Housing Types

Single Family
74.7%
Multi-Family
21.6%
Mobile Home
3.7%

The current median sale price in Lenoir City, TN is $363,950 according to Redfin data. Homes spend a median of 68 days on the market. 10.0% of homes sold above asking price. The market has 6.6 months of supply. The median price per square foot is $210. Zillow's observed rent index is $1,754/month. About 62.5% of housing units are owner-occupied. The median year homes were built is 1980. There are 4,696 total housing units.