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Lenoir City, TN Housing Market

$404,138

1.2% 1-yr

The average Lenoir City, TN home value is $404,138, up 1.2% over the past year and goes to pending in around 17 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Lenoir City Key Takeaways

Typical Home Values: $404,138

1-year Value Change: +1.2%

(Data through September 30, 2025)

Lenoir City Housing Market Overview

--1-year Market Forecast
198For sale inventory(September 30, 2025)
58New listings(September 30, 2025)
0.986Median sale to list ratio(August 31, 2025)
$410,667Median sale price(August 31, 2025)
$568,267Median list price(September 30, 2025)
23.2%Percent of sales over list price(August 31, 2025)
60.9%Percent of sales under list price(August 31, 2025)
17Median days to pending(September 30, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

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Lenoir City Rental Market Trends

$1,674Average rent in Lenoir City(September 30, 2025)
$1,979National average rent(September 30, 2025)
-1.2%Month-over-month change(September 30, 2025)
2.1%Year-over-year change(September 30, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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