A typical Kahite home is worth roughly $668,000
Home prices around Kahite have risen about 80% over the past 5 years.
What kind of housing town is Kahite?
Read from the numbers below. The page puts what stands out first.
A typical home costs 5.6 years of income
More than across Tennessee (4.8 years). Try your own numbers below.
That’s $168K short of a typical Kahite home.
A two-bedroom rents for about $1,180 a month here, $2,530 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Kahite’s typical property tax (0.37% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
98% of Kahite households own their home
Half of Kahite’s homes were built before 2008.
Tennessee: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Home prices up 80% in 5 years
The federal house price index for the ZIP code around Kahite rose 80% over the past 5 years, faster than across Tennessee (60%). Last year prices rose 4.1%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Kahite, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,180
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Knoxville, TN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Neighbors talk housing
What Kahite buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.