Lenoir City, TN Housing Market 2026: Median Home Price, Last 12 Months
What homes actually sell for in Lenoir City: a median closing price of $397,500 across 297 closings Resideline tracked over the last 12 months, plus the full price spread.
If you invest in or around Lenoir City, the number that matters is what homes actually close for, not what sellers are asking. Here is what Lenoir City sale prices look like right now, built from the closings Resideline tracked over the last 12 months, as of August 2026.
The snapshot
- •Closings tracked, last 12 months: 297
- •Median sold price, last 12 months: $397,500
- •Median sold $/sqft, last 12 months: $216
- •Middle half of sales closed between: $289,900 and $510,000
What the numbers say
Resideline tracked 297 closed sales in Lenoir City over the last 12 months, with a median closing price of $397,500. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $289,900 and $510,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 82% of the Lenoir City closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 296 closings with usable living area, the middle half sold between $183 and $243 per square foot.
Figures last updated August 22, 2026 from closings Resideline tracked.
Median home price in Lenoir City, TN (August 2026)
The median home price in Lenoir City is $397,500, measured across the 297 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $289,900 and $510,000.
Where Lenoir City sale prices land
Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Lenoir City over the last 12 months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $289,900 and $510,000. Where your target property sits inside that spread matters more than the citywide median.
How long a sale takes here
- •Listed to under contract: a median of 18 days, across 198 Lenoir City closings Resideline tracked in the last 12 months
- •Contract to closing: a median of 31 days, across 193 Lenoir City closings Resideline tracked in the last 12 months
The Lenoir City angle
From 297 closings Resideline tracked in Lenoir City over the last 12 months, $397,500 is the median and $289,900 to $510,000 covers the middle half. The width of that band is close to typical for the markets we track, so the median is worth quoting as context but will not carry a single valuation.
From market read to offer price
A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,508+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Lenoir City address through Resideline and you will see the local market and the property's value together, in one report.
Cite this
Using these numbers? Please cite the source and the sample size:
Source: Resideline Market Watch
Market: Lenoir City, TN
Data updated: August 2026
Analysis period: last 12 months
Tracked closings: 297
Median sold price: $397,500
Median sold $/sqft: $216 (296 qualifying)
Property mix: 82% houses
https://resideline.com/blog/lenoir-city-tn-housing-market
The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.
Every local market figure on this page is computed from closed sales Resideline tracked in Lenoir City over the last 12 months, and is refreshed when the data is. The closings we track inside the city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 17% of the 297 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $412,121.
Frequently Asked Questions
What is the median home price in Lenoir City?
The median sold price in Lenoir City over the last 12 months is $397,500, measured across 297 closings Resideline tracked.
How many homes sold in Lenoir City last month?
Resideline tracked 17 closed sales in Lenoir City in July 2026, out of 297 closings tracked over the last 12 months. These are tracked samples of market activity, not official county totals.
What is the typical sale price range in Lenoir City?
The middle half of Lenoir City sales over the last 12 months closed between $289,900 and $510,000, with a median of $397,500.
What is the typical price per square foot in Lenoir City?
Among qualifying Lenoir City closings Resideline tracked over the last 12 months, the median sold price per square foot was $216, measured across 296 sales with usable living area. Median is used rather than average because outliers distort the mean.
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