New Homes in Knoxville, TN Under $300K :: 5 Communities Skip main navigation

Knoxville Homes Under $300K

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            5 Communities

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            Groves Park Cottages by Goodall Homes in Knoxville Tennessee
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            Groves Park Cottages

            Community by Goodall Homes

            114 Groves Park Blvd East
            Oak Ridge, TN 37830

            Goodall Homes

            888-292-0349

            from $249,990 - $264,990

            4 homes match your search

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            Cottages at Governor's Landing by Epcon Homes and Communities in Knoxville Tennessee
            homes in Cottages at Governor's Landing by Epcon Homes and Communities
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            Cottages at Governor's Landing

            Community by Epcon Homes and Communities

            5400 Garden Cress Trail
            Knoxville, TN 37914

            Epcon Homes and Communities

            888-476-0649

            from $268,850

            1 home matches your search

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            Holliday Park by SMITHBILT HOMES in Knoxville Tennessee

            Holliday Park

            Knoxville, TN 37918

            Builder Community

            SMITHBILT HOMES

            from $199,075 - $264,950

            4 homes match your search

            Learn More
            Carter Cove by WORLEY BUILDERS in Knoxville Tennessee

            Carter Cove

            Knoxville, TN 37931

            Builder Community

            WORLEY BUILDERS

            from $247,900

            1 home matches your search

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            Ely Park by SMITHBILT HOMES in Knoxville Tennessee

            Coming Soon

            Ely Park

            Knoxville, TN 37924

            Builder Community

            SMITHBILT HOMES

            from $199,900 - $222,900

            4 homes match your search

            Learn More

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            New Home Cities in Knoxville

            CityCommunitiesAverage New Home Price
            Knoxville5$434,402
            Lenoir City2$404,985
            Farragut2$413,100
            Maryville1$500,362
            Oak Ridge1$259,990

            New Homes in Knoxville by Region

            RegionCommunitiesAverage New Home Price
            Knoxville Central 5$110,000
            Knoxville East 4$238,000
            Knoxville North 8$65,000
            Knoxville South 15$373,000
            Knoxville West 22$308,000

            Popular Searches Near Knoxville, TN

            Knoxville features many of the best home builder communities in Tennessee, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Knoxville has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Knoxville area. In fact, there are 5 communities and 4 builders in Knoxville with homes starting at under $300K.

            How to Find Homes in Knoxville For Less Than $300K?

            Many builders recognize there is growing demand in the Knoxville area for homes under the $300K price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.