Why Live in Farragut
Farragut is a highly sought-after, rapidly expanding suburb located less than 20 miles from Knoxville. Nestled along the Tennessee River, this neighborhood offers a blend of seclusion and natural beauty with urban amenities and easy access to downtown Knoxville. The area is visually appealing with abundant greenspaces and minimal commercial signage. Farragut features a mix of home styles, including ranches, townhomes, modern contemporary, and colonial revivals, many with southern traditional accents. The neighborhood is known for its highly rated schools, including Farragut Intermediate School, Farragut Middle School, and Farragut High School, which are top-ranked in Knox County. Residents enjoy numerous attractions such as Anchor Park, a 15-acre space with sports facilities and fishing docks, and McFee Park, which spans over 51 acres with playgrounds, splash pads, and courts for basketball and tennis. The Willow Creek Golf Club offers a sporting option for golf enthusiasts. Turkey Creek, a major shopping, dining, and entertainment hub, features both big box retailers and unique boutiques, providing a variety of options for residents. Farragut also hosts local events like the Lawn Chair Concert Series and the Light the Park ceremony, fostering a strong community spirit. The neighborhood has a low crime risk compared to the national average, making it a safe place to live. With its proximity to Knoxville and a peaceful suburban atmosphere, Farragut offers a balanced lifestyle for its residents.
Home Trends in Farragut, TN
On average, homes in Farragut, TN sell after 30 days on the market compared to the national average of 50 days. The median sale price for homes in Farragut, TN over the last 12 months is $738,999, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$738,999
Median Single Family Sale Price
$750,000
Median 2 Bedroom Sale Price
$300,000
Median 1 Bedroom Sale Price
$255,000
Average Price Per Sq Ft
$258
Number of Homes for Sale
61
Last 12 months Home Sales
277
Median List Price
$765,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
6%