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Condo Foreclosures in Alcoa, TN 37701

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Alcoa, TN Foreclosures

Current Market Conditions in in Alcoa, TN As of March 2026?
In the past month, Alcoa has seen an observable uptick in buyer interest, with several properties receiving multiple offers shortly after listing. This competitive environment reflects a strong demand fueled by the area's appeal to those seeking an affordable lifestyle combined with community amenities. The average days on the market have slightly decreased, highlighting a brisk pace in sales activity, while residents appreciate both the quaint charm and convenience Alcoa offers.
How much do homes sell for in Alcoa, TN?
The average home price is currently $425,367.
What’s the average rental cost in Alcoa, TN?
The average rental price in Alcoa is $1,207.
What is the most expensive home in Alcoa?
The most expensive home sold in Alcoa had a price of $16,242,977.
What is currently the cheapest priced home in Alcoa, TN?
The cheapest home for sale in Alcoa is priced at $16,053.

Living in Alcoa, TN

Alcoa, TN is a picturesque city just outside of Knoxville, renowned for its friendly community and proximity to breathtaking natural parks. With excellent schools, recreational amenities, and a charming downtown, it offers an ideal environment for families and outdoor lovers alike.

Buyer vs Seller Market in Alcoa, TN

The Alcoa real estate market is currently experiencing steady growth, with an increase in home values over the past year. Demand for properties continues to rise due to the city's appealing lifestyle and affordability compared to neighboring areas.

Buyers are finding competitive pricing for homes, particularly in family-oriented neighborhoods. While inventory remains limited, new construction developments are adding variety to the market, catering to diverse buyer needs.

Home Value Estimator For Alcoa, TN

There are currently 3,794 real estate properties in Alcoa, TN, with a median automated valuation model (AVM) price of $275,781.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alcoa, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Alcoa, TN, is $425,367.00, with the most expensive house in Alcoa, TN, topping out at $16,242,977.00 and the cheapest home in Alcoa, TN, clocking in at $16,053.00. In other words, there’s something for every potential homebuyer or savvy investor in Alcoa, TN!

Rent Prices In Alcoa, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alcoa, TN, is on a rollercoaster ride. The average rent price in Alcoa, TN, is $1,207.00. Indeed, when looking to rent in Alcoa, TN, you can expect to pay as little as $540.00 or as much as $2,820.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Alcoa, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Alcoa, TN 37701 Condos

Market Trend for Alcoa, TN

Total Listings Available: 0

Market Values:

Home Prices from $16,053 to $16,242,977

Average Sales Price: $425,367

Rental Values:

Rental from $540 to $2,820

Average Rent Value: $1,207 / month

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