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Short Sale Listings in Alcoa, TN 37701

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Living in Alcoa, TN

Alcoa, TN is a delightful city located just outside Knoxville, offering a blend of community charm and outdoor recreation. Residents enjoy a variety of amenities, including grocery stores and excellent schools, all while being close to the beautiful Smoky Mountains. This city is ideal for those seeking a friendly and accessible environment for living and investing.

Current Market Conditions in Alcoa, TN

The real estate market in Alcoa is currently experiencing steady growth, attracting real estate investors from various backgrounds. Home prices have shown a consistent increase, reflecting the area's desirability and the demand for housing.

Alcoa's proximity to larger metropolitan areas and its strong community engagement has resulted in a resilient market, making it a favorable location for both new families and investment opportunities.

Home Value Estimator For Alcoa, TN

There are currently 3,456 real estate properties in Alcoa, TN, with a median automated valuation model (AVM) price of $272,908.00. 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 $349,090.00, with the most expensive house in Alcoa, TN, topping out at $8,710,614.00 and the cheapest home in Alcoa, TN, clocking in at $16,499.00. 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 Short Sale Listings


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