Knoxville Homes under $400,000

Welcome to Knoxville, Tennessee—a vibrant city nestled in the heart of the Appalachian Mountains, where Southern charm meets modern living. Known for its rich history, stunning natural beauty, and a thriving arts scene, Knoxville offers an exceptional quality of life for families, professionals, and retirees alike.

With a population that embraces diversity and a spirit of community, Knoxville boasts a variety of neighborhoods, each with its unique character. From the bustling downtown area, filled with shops, restaurants, and cultural attractions, to the serene suburbs that offer picturesque parks and recreational opportunities, there’s something for everyone in this dynamic city.

For those seeking affordable housing options, Knoxville presents an impressive selection of homes priced under $400,000. Whether you’re a first-time homebuyer or looking to downsize, you’ll find charming single-family homes, cozy townhouses, and even modern condos that fit your budget without compromising on quality. Many of these homes are located in friendly neighborhoods with easy access to top-rated schools, healthcare facilities, and local amenities.

Outdoor enthusiasts will appreciate Knoxville’s proximity to the Great Smoky Mountains, perfect for hiking, biking, and exploring nature. Additionally, the city is home to a vibrant local food scene, cultural festivals, and a wealth of recreational activities that make it an ideal place to call home.

Discover your dream home in Knoxville, where affordability meets a rich tapestry of community and culture. Embrace the opportunity to create lasting memories in this charming city!

Newest Knoxville Homes under $400,000

$385,000

3 Beds ⋅ 3 Baths ⋅ 1357832 MLS

Location, location, location! Welcome to this well-maintained West Knoxville home offering 3 bedrooms, 2 full baths and 1 half bath in an exceptionally convenient setting. Enjoy a modern kitchen, comfortable living spaces and a fully fenced backyard with a beautiful view, perfect for relaxing, entertaining or pets. Located in the A.L. Lotts, West Valley and Bearden school zones and convenient to shopping, restaurants, grocery stores, parks and everyday necessities. A wonderful opportunity to enjoy a great neighborhood while staying close to everything West Knoxville has to offer.

723 Colony Village Way, Knoxville

Listing courtesy of Felix Ordaz of United Real Estate Solutions.

$299,900

3 Beds ⋅ 1 Baths ⋅ 1357829 MLS

Beautiful Move-In Ready Home in a Convenient Knoxville Location Welcome to this beautifully updated, move-in ready home located in a highly convenient area of Knoxville. This property has been thoughtfully remodeled in recent years, featuring new luxury plank flooring, updated doors and windows, fresh walls and paint, a modern kitchen, renovated bathrooms, and updated appliances. The home offers an inviting open floor plan highlighted by impressive columns in the living room, creating a spacious and elegant atmosphere perfect for everyday living and entertaining. Outside, you'll find a large, level yard with mature trees that provide shade and comfort. The fenced backyard offers a safe and secure space for pets and children to play. This home combines modern updates with a comfortable layout and a fantastic location--ready for you to move in and enjoy.

1332 Beaumont Ave, Knoxville

Listing courtesy of Mark Moussa of eXp Realty, LLC.

$245,000

2 Beds ⋅ 2 Baths ⋅ 1357817 MLS

Welcome Home to 9005 Fountain Brook Ln, an updated, move-in ready townhouse in a highly desirable West Knoxville area. Offering low-maintenance living in a prime location, this two-bedroom, two-bath home features fresh interior paint, new luxury vinyl plank flooring, and a versatile floor plan with a main-level bedroom and full bath plus a spacious upstairs bedroom/bathroom suite, ideal for guests, roommates, a home office, or multi-generational living. The private patio provides a peaceful outdoor retreat for morning coffee or evening relaxation. Just steps from the popular Hey Bear Cafe with live music and community events hosted regularly. Enjoy convenient access to the Ten Mile Creek Greenway for walking, running, and biking. This home delivers the lifestyle many are searching for. Located only one mile from Kroger grocery store, Park West Medical Center, Golf at Dead Horse Lake and shopping along the Cedar Bluff corridor. Quick access to I-40, Pellissippi Parkway, Oak Ridge, downtown Knoxville, and the University of Tennessee, this location is hard to beat. Whether you are a first-time homebuyer, downsizing, or searching for a rental property or investment opportunity with strong long-term appeal, this updated West Knoxville townhouse offers exceptional value, convenience, and location. Seeking a lock-and-leave lifestyle? This is one not to miss. Schedule your tour today.

9005 Fountain Brook Lane, Knoxville

Listing courtesy of Cory King of eXp Realty, LLC.

$354,000

3 Beds ⋅ 3 Baths ⋅ 1357800 MLS

Looking for an opportunity to own a hidden gem in the heart of Rocky HIll? Look no further. This 3 bedroom, 2.5 bath end unit townhome doesn't come along very often. Step through the front door and walk down the hallway into the open concept living room, dining room and Kitchen with tons of cabinet and counter space. Upstairs you will find the master bedroom with a nook which could be used as a sitting area or office space. The bathroom area has two sinks and wall niches that provide extra storage. The laundry area is in the hallway and the washer and dryer will convey. Bedrooms #2 and #3 share the second full bath. Enjoy the fall evenings in the fully fenced private rear patio. With a clubhouse, exercise room, pool and tennis and just minutes away from shopping, schools, parks and the interstate, this is a home you truly don't want to miss!

1319 Covington Drive, Knoxville

Listing courtesy of Sally Sparks of Wallace.

$298,000

2 Beds ⋅ 2 Baths ⋅ 1357787 MLS

Large two bedroom two bathroom with scenic views from the dining area and private porch. Recent renovations - 2020 HVAC, 2022 Hot Water Heater, 2026 ducting, and updated kitchen, 2025 dedicated laundry closet added. HOA includes water, sewage, trash, ground maintenance, club house, picnic area and pool. Extra storage available for a monetary annual fee. Walking distance to gorgeous parks, lakeside activities, charming shops and eateries. 5 min drive to UT, and 15 min to downtown. HOA allows 3 month or longer rentals, and is pet friendly for pets that meet HOA guidelines.

3636 Taliluna Ave Unit 618, Knoxville

Listing courtesy of Angela Tweed of Epique Realty.

$230,000

2 Beds ⋅ 2 Baths ⋅ 1357774 MLS

Welcome to this beautiful 2-bedroom, 2-bathroom condo in the desirable Maple Chase community! Offering approximately 1,000 square feet of comfortable living space, this move-in-ready home combines modern updates with easy, low-maintenance living. The interior features updated flooring, fresh paint, stylish light fixtures, and updated appliances, creating a clean and inviting atmosphere throughout. The spacious living area provides a comfortable place to relax and entertain, while the covered rear patio offers a great spot to enjoy your morning coffee or unwind outdoors. Conveniently located in North Knoxville with easy access to shopping, dining, parks, and major roadways. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this well-maintained condo is ready to welcome you home!

1643 Maple View Way, Knoxville

Listing courtesy of Candis Hylton of Greater Impact Realty Lakeway.

905 Brown Mountain Loop Rd Unit Brown :Mountain Loop Rd, Knoxville

$250,000

4 Beds ⋅ 3 Baths ⋅ 1357752 MLS

905 Brown Mountain Loop Rd Unit Brown :Mountain Loop Rd, Knoxville

Listing courtesy of Alex Booth of Knoxville Real Estate Professionals Inc..

$399,999

4 Beds ⋅ 3 Baths ⋅ 1357747 MLS

Welcome to this beautiful home in desirable 37921! Tucked away at the end of a quiet cul-de-sac on a large, oversized lot, this property offers a rare combination of privacy, space, and convenience. Inside, the spacious eat-in kitchen offers plenty of room for family and friends and features new appliances. The living room showcases gorgeous 3/4-inch hardwood flooring, vaulted ceilings, and an updated fireplace, creating a warm and inviting space for relaxing or entertaining. The updated guest bathroom adds a fresh, modern touch. Step outside to the fully fenced-in backyard, where privacy and space are truly standout features. The brand-new deck is ideal for entertaining, grilling, or simply enjoying the peaceful surroundings. A large storage shed with electricity provides exceptional flexibility for storage, hobbies, a workshop, or projects. The oversized front porch is another wonderful place to relax and take in the tranquil setting. Additional highlights include a newer tankless water heater and extra parking with a carport. With its oversized lot, fully fenced backyard, exceptional privacy, cul-de-sac location, spacious kitchen, beautiful hardwood floors, and thoughtful updates, this home offers a wonderful opportunity to enjoy comfortable living with room to spread out--both inside and out!

4921 Mandalay Rd, Knoxville

Listing courtesy of Faith Julian of Jason Mitchell Real Estate.

$335,000

1 Beds ⋅ 1 Baths ⋅ 1357733 MLS

A RARE opportunity to own over 9 acres in Knoxville, Tennessee! This charming MINI FARM features a one-bedroom, one-bath tiny home that once served as a schoolhouse, bringing a unique piece of local history to your everyday life. Featuring a large flowing natural spring. With fencing already in place and room to grow, this property offers an inviting setting for your homestead dreams. Plant a garden, explore the possibilities of a mini farm, or simply enjoy the space and freedom of acreage living and privacy. Whether you're drawn to a simpler lifestyle or a property with character and potential, this special Knoxville offering is ready for its next chapter!

1735 Mccarty Rd, Knoxville

Listing courtesy of Somer Ray of Realty Executives Associates.

942 Piney Grove Church Rd Unit C-4, Knoxville

$179,900

2 Beds ⋅ 2 Baths ⋅ 1357709 MLS

An opportunity to get into a convenient Knoxville location at $179,900! This 2-bedroom, 1.5-bath condo offers 1,064 square feet with a practical two-story layout and easy access to shopping, restaurants, downtown Knoxville, UT and I-40. The main level offers a comfortable living area, eat-in kitchen and half bath, with both bedrooms and the full bath upstairs. Updates include flooring, paint and mmore giving this home a clean, neutral starting point while still leaving room for the next owner to make it their own. A back patio provides outdoor space without a large yard to maintain. Whether you're looking for your first home, downsizing, or simply want an affordable Knoxville option in a location that keeps you close to just about everything, C-4 is worth a look!

942 Piney Grove Church Rd Unit C-4, Knoxville

Listing courtesy of Terri L Kerr of Realty Executives Associates.

$340,000

3 Beds ⋅ 2 Baths ⋅ 1357705 MLS

Less than 10 minutes from the University of Tennessee! This spacious and thoughtfully updated home in the heart of South Knoxville offers 3 bedrooms, 2 bathrooms, multiple living areas, and incredible flexibility in one of Knoxville's most convenient and rapidly growing locations. Located just minutes from Baker Creek Preserve, enjoy easy access to the Urban Wilderness, Downtown Knoxville, Ijams Nature Center, local restaurants and breweries, hiking and biking trails, interstates, and everyday conveniences - all while tucked into an established, quiet neighborhood. New HVAC system was installed in February 2026. During June 2026, the home's exterior was freshly repainted, as well as both bathrooms. The main-level living room, dining room, hallway, and all bedrooms are being refreshed with new neutral paint and updated luxury vinyl plank flooring, creating a bright, modern feel throughout. THe expansive basement recreation area offers endless possibilities for additional living space as a media room, home gym, workshop, or hobby area. Plus, the home includes over 1,100 square feet of enclosed garage, workshop, and storage space, providing exceptional versatility. Outside you'll find two separate driveways for abundant parking, an attached carport, a large brick patio perfect for entertaining, and a private backyard shaded by mature trees. With its generous living space, extensive storage, recent updates, and outstanding South Knoxville location, this home offers exceptional value in a great neighborhood.

504 Hayworth Drive, Knoxville

Listing courtesy of Misty Tidwell of Smoky Mountain Realty.

$335,000

3 Beds ⋅ 2 Baths ⋅ 1357704 MLS

Welcome home to 5915 Autumn Oaks Lane, a comfortable cottage tucked away on a quiet street. The property includes mature trees that provide ample shade and line the fenced backyard for added privacy. Major home systems have been updated for peace of mind, including a new HVAC and water heater installed in 2026. The cozy kitchen boasts plenty of granite counter space and newer appliances, including range hood installed in 2024, refrigerator in 2023, and Bosch dishwasher in 2021 that still looks and works like new. The owner suite with en-suite bathroom in located on the first floor, while two large bedrooms and a second full bathroom - with updated flooring and vanity - are located on the second floor. The neighborhood is located just minutes from grocery stores and restaurants on Clinton highway, while still an easy drive to downtown Knoxville, West Hills, and Oak Ridge.

5915 Autumn Oaks Lane, Knoxville

Listing courtesy of John Dudley of Wallace.

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Listings courtesy of Spartanburg Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.