$606,855Average Value$434Average Price per Sq Ft1Home For Sale
Urban, college-town living on The Strip
Home to the University of Tennessee, The Strip offers a vibrant, spirited atmosphere. Situated between Knoxville’s western suburbs and downtown’s Market Square, The Strip serves as a housing and restaurant hub for UT students and faculty in the center of all Knoxville’s attractions. The neighborhood’s main artery, Cumberland Avenue, has held a spot on the city’s map since 1791. The street was primarily residential until the 1920s, when it morphed into a commercial hub. Today, both new and historic mixed-use buildings feature condos and apartments that sit above ground-floor restaurants and retail stores. The area recently underwent a massive overhaul to become more pedestrian friendly. Roads were reduced to three lanes of traffic to make room for turn lanes and medians. Street facades have also been improved by virtue of sidewalk maintenance, moving utility lines underground and planting trees.
A myriad of eats, bars and shops
The Strip is home to numerous chain restaurants, coffee shops and legendary eateries dating back decades. Spots like Raising Cane’s, Moe’s Southwest Grill, Mellow Mushroom and Chipotle dominate the dining scene, especially along Cumberland. Some local options have emerged as community staples, such as Sunspot, for its Southwestern, Caribbean and Latin American cuisine and happy hour specials. The Half Barrel is another classic known for bourbon, beer and burgers. The Strip has a prominent nightlife scene, with countless bars with local brews, such as LiterBoard and Cool Beans Bar and Grill. Groceries and necessities can be purchased at the Publix at University Commons or Walgreens, while Walmart and Target are available about 7 miles away. Market Square, about 1 to 2 miles away, creates a unique shopping experience, with an array of restaurants, striking murals and live music. Locals can also catch the open-air farmers market here on Saturday mornings between May and November. Similar to Market Square, Old City nearby has numerous galleries, trendy dining options and artisan boutiques.
Enjoy The Bob sandwich at Sunspot on the Strip.
LiterBoard is the place to go to on game day for drinks and a good time.
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Getting active or attending events near The Strip
UT provides a slew of activities for locals, including NCAA Division I sport events, free lectures and performances at the Clarence Brown Theatre. Knoxville’s Third Creek Greenway, accessible via Tyson Park, covers 5 miles and connects to four other paths that span 18 miles across town. World’s Fair Park is the site of the 1982 World’s Fair, which brought 11 million visitors from 22 countries to Knoxville back in the day. Today, the park features two large lawns for annual festivals and concerts, with a splash pad to keep children cool and entertained. Mount Castle Park offers green space popular for tailgating, walking or enjoying a picnic under the trees near Cumberland Avenue.
Go for a walk or run on the Third Creek Greenway in Marble City.
The University of Tennesse basketball arena has a unique display and design.
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University of Tennessee and Knox County Public Schools
Children living in The Strip can attend Knox County Public Schools. Primary students can head to Sequoyah Elementary, which earns an overall A-minus grade on Niche. Bearden Middle and West High both score B-plus grades and have extensive extracurricular options, including robotics, dance team and clubs that collaborate with UT’s science programs. The university is a public research institution known for the Volunteers (Vols) athletic teams; most notably, for football. “If UT football is doing well, then our economy is doing well,” says Caroline McDonald, Knoxville native and owner of McDonald Realty. The university offers over 100 different undergraduate and graduate programs, with a Niche academic rating of A-minus. There are about 28,000 students and over 14,000 employees, the majority of which live in The Strip or neighboring areas.
Sequoyah Elementary School is the only school within Sequoyah Hills.
Bearden Middle School serves just under 1,400 students in 6th through 8th grade.
West High School has a large campus in Marble City.
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Downsizing in The Strip
Housing on The Strip primarily consists of rented condos and apartments. “The University of Tennessee makes it so there’s not a ton of single-family real estate that comes up for sale,” McDonald says. Monthly rent for one- to five-bedroom housing can range from $900 to $3,500, while sale prices fall anywhere from $300,000 to over $1 million. The neighborhood is extremely walkable, with sidewalks and scattered trees lining every street. Closer to the university, large swamp chestnut oaks shade the area, spotlighting colorful leaves in the warm seasons. It is important to note that The Strip has an overall CAP Index Crime Score of 7, which is significantly higher than the national average of 4. Campus security works to lower this score and encourages the use of the LiveSafe app, which features resources and protocols to improve safety.
Union Knoxville offers studio to five bedroom apartments on the Strip.
Apartments on the Strip have retail stores on the bottom level.
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Transportation and access to UT health care
While most locals do not have to travel far for work, and many people walk the neighborhood to avoid traffic, The Strip offers quick access to Interstates 40 and 275. Knoxville Area Transit routes, including one of the city’s three free trolley lines, stop along Cumberland Avenue. McGhee Tyson Airport is also about 12 miles southwest via Alcoa Highway. Residents can enjoy close proximity to health care, as UT’s Medical Center sits right across the Tennessee River.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Scott Felske,
an experienced agent in this neighborhood.
Parks in this Area
Tyson Park
Baseball/Softball
Bike Trails
Picnic Area
World's Fair Park & Festival Center
Picnic Area
Trails
Events
Krutch Park
Picnic Area
Trails
Events
Mountcastle Park
Grills
Picnic Area
Trails
Third Creek Greenway
Bike Trails
Picnic Area
Trails
James Agee Park
Picnic Area
Trails
Transit
Airport
McGhee Tyson
29 min drive
Bus
The Commons & The Vol Shop
Bus
Henley St Sb & Hill Ave
Bus
Volunteer & Ut Dr.
Bus
Kingston Pike Eb & Alcoa HWY
Bus
Volunteer & Pat Head Summitt Inb
Bus
Cumberland Ave Wb & 16th St
Bus
The Commons & Publix
Crime and Safety
1 - Low Crime, 10 - High Crime
The Strip
US
Homicide
4
4
Sexual Assault
7
4
Assault with Weapon
3
4
Robbery
4
4
Burglary
6
4
Motor Vehicle Theft
6
4
Larceny
8
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in The Strip, Knoxville sell after 4 days on the market compared to the national average of 47 days. The average sale price for homes in The Strip, Knoxville over the last 12 months is $396,111, down 2% from the average home sale price over the previous 12 months.
Incredible investment opportunity located just steps from the University of Tennessee campus. This top-floor, end-unit condo offers the ultimate in location, functionality, and rental potential. Featuring three spacious bedrooms, and two full bathrooms. Ideal for use as student housing, a long-term rental, or a personal residence for UT students who want to live in the heart of it all.The
Maplehurst Park is located minutes from the University of Tennessee and Downtown Knoxville. This charming neighborhood is located in the historic Maplehurst Court with beautiful views of the Tennessee River, World's Fair Park, and downtown.
Interested in learning more about homes in this area?
Reach out to
Scott Felske,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
7,582
Median Age
23
Population Density
20 ppl/acre
Population under 18
31.7%
Above the national average
23.8%
Population over 65
1.4%
Below the national average
19.1%
Finances
Median Household Income
$21,012
Significantly below the national average
$71,702
Average Household Income
$49,675
Education and Workforce
High School Graduates
87.5%
College Graduates
55.9%
Above the national average
34.1%
Advanced Degrees
17%
% Population in Labor Force
39.1%
Significantly below the national average
65.1%
Weather
Annual Precipitation
52''
Average Winter Low Temperature
31°F
Average Summer High Temperature
88°F
Annual Snowfall
12''
Area Factors
Bikeable
Bike Score®
55/ 100
Very Walkable
Walk Score®
81/ 100
Some Transit
Transit Score®
43/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
