3 Tips for Moving to Knoxville in 2025

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Nov 2024

3 Tips for Moving to Knoxville in 2025

With its diverse job market, low crime rate, and low cost of living, Knoxville, Tennessee has become a popular destination for families seeking a new place to live. When you combine these advantages with the region’s friendly southern charm and beautiful landscapes, Knoxville truly offers a fantastic living experience! If you are moving to Knoxville and looking to buy a home in 2025, our real estate team is here to assist you and make your move as stress-free as possible. The following tips will help you prepare and start the process, but please feel free to contact us with any questions.

Understand the Cost of Living in Knoxville
Moving to Knoxville, TN, especially from another state, will bring changes to your cost of living and tax liability. According to PayScale, the cost of living in Knoxville is 13% lower than the national average, with housing being 23% lower and utilities 11% lower than the national average. However, the cost of groceries is almost in keeping with the national average. One area in which you might see a big difference is property tax. According to Forbes, Tennessee ranks 15th for the lowest property taxes in the United States, but your property taxes may differ depending on whether your property is in the city or county. One tax you won’t have to worry about if moving to Knoxville from another state is income tax since Tennessee has no state income tax.

Get to Know Knoxville’s Unique Communities
Knoxville is home to many unique communities with a variety of benefits! Imagine the lifestyle you want when you move to Knoxville and spend time exploring the different communities to find the best match for you and your family. If you are an outdoor enthusiast, you might consider the South Knoxville area with its 1,000-acre Urban Wilderness area. For the animal lovers, the East Knoxville area is home to Zoo Knoxville. If you like walkable neighborhoods, explore the North Knoxville area. North Knoxville has the 4th and Gill neighborhood, a National Register historic district, that offers lots of unique architecture. Also in North Knoxville, you’ll find the charming Fountain City area with the “Duck Pond”, a haven for ducks and geese, at the heart of the community. For those who love to shop, West Knoxville might be a great fit for you. West Knoxville offers easy access to shopping districts such as West Town and Turkey Creek.

All of these distinct local communities are only a quick drive away from Knoxville’s charming, historic downtown. There, you can enjoy a variety of festivals in World’s Fair Park, explore shops and dining options in Market Square, or attend an art exhibit in the Old City. When you’re ready to explore Knoxville, one of our team’s Knoxville Realtors will be delighted to help you find the community that best suits your lifestyle.

Determine Your Homebuying Budget & Home Needs
According to BestPlaces, a typical home in Knoxville costs $314,700, which is 6.9% less expensive than the national average. Of course, several factors go into the cost of a home, so you will need to consider your wants and needs and set a realistic budget for your purchase. Once you establish your budget and preferences, a member of The Bedros Team will help you find your ideal home in one of our fantastic communities. Currently, Knoxville has a bustling real estate market with a lot of homes being sold in under 30 days. Working with an expert local Realtor can help ensure you don’t miss out on great opportunities.

Knoxville’s vibrant neighborhoods, friendly community, and affordability make it an appealing place to call home. As you begin your next chapter by moving to Knoxville in 2025, know that The Bedros Team is here to guide you throughout the process. Whether you have questions about the local market or want help finding your ideal home, we’re just a call away. Contact us today to get started.

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