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Preforeclosure Homes in Alcoa, TN

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Alcoa, TN Foreclosures

How much do homes sell for in Alcoa, TN?
The average home price is currently $342,213.
In Alcoa, TN, how many homes are available?
There are currently 1 active home listings available in Alcoa.
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 $8,800,645.
What is currently the cheapest priced home in Alcoa, TN?
The cheapest home for sale in Alcoa is priced at $16,404.

Living in Alcoa, TN

Alcoa, TN, is a picturesque city that blends natural beauty with suburban living. With its proximity to the Great Smoky Mountains and a thriving local community, residents enjoy both outdoor adventures and convenient access to urban amenities. Alcoa is ideal for families and professionals seeking a balance of comfort and connectivity.

Current Market Conditions in Alcoa, TN

Alcoa's real estate market has seen steady growth recently, with an increasing demand for homes due to the city's attractive living environment and economic opportunities. The median home prices have shown consistent appreciation, making it a favorable place for investment while still being affordable compared to nearby metropolitan areas.

The market trend indicates a rising interest in single-family homes, with new developments attracting prospective buyers. Additionally, rental properties are in demand, as many individuals prefer the flexibility of renting in a desirable location like Alcoa.

Home Value Estimator For Alcoa, TN

There are currently 3,458 real estate properties in Alcoa, TN, with a median automated valuation model (AVM) price of $265,462.00. 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 $342,213.00, with the most expensive house in Alcoa, TN, topping out at $8,800,645.00 and the cheapest home in Alcoa, TN, clocking in at $16,404.00. 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 Preforeclosure Homes


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