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Foreclosure Homes in Mountain City, TN

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Mountain City, TN Foreclosures

How much do homes sell for in Mountain City, TN?
The average home price is currently $211,526.
In Mountain City, TN, how many homes are available?
There are currently 14 active home listings available in Mountain City.
What’s the average rental cost in Mountain City, TN?
The average rental price in Mountain City is $940.
What is the most expensive home in Mountain City?
The most expensive home sold in Mountain City had a price of $7,109,999.
What is currently the cheapest priced home in Mountain City, TN?
The cheapest home for sale in Mountain City is priced at $4,962.

Living in Mountain City, TN

Mountain City, TN, is a quaint small town known for its breathtaking natural beauty and strong sense of community. With an abundance of outdoor activities and friendly neighbors, it's an ideal place for those seeking a peaceful lifestyle. The area is steeped in history and offers a close-knit atmosphere that honors its local traditions.

Current Market Conditions in Mountain City, TN

The Mountain City real estate market has maintained a steady growth trend over the past year, with home values appreciating modestly due to a high demand for properties in scenic locations. The affordable housing options in the area attract both first-time buyers and retirees looking for a quieter lifestyle away from urban centers. Limited inventory has led to increased competition among buyers, resulting in quicker sales and homes often selling above list price.

Overall, the market shows a healthy balance of supply and demand, making it an ideal environment for potential homeowners who are looking for a place with both investment potential and quality of life.

Home Value Estimator For Mountain City, TN

There are currently 4,765 real estate properties in Mountain City, TN, with a median automated valuation model (AVM) price of $177,122.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mountain City, 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 Mountain City, TN, is $211,526.00, with the most expensive house in Mountain City, TN, topping out at $7,109,999.00 and the cheapest home in Mountain City, TN, clocking in at $4,962.00. In other words, there’s something for every potential homebuyer or savvy investor in Mountain City, TN!

Rent Prices In Mountain City, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mountain City, TN, is on a rollercoaster ride. The average rent price in Mountain City, TN, is $940.00. Indeed, when looking to rent in Mountain City, TN, you can expect to pay as little as $400.00 or as much as $2,240.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Mountain City, 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.

Mountain City, TN Foreclosures


Market Trend for Mountain City, TN

Total Listings Available: 14

Market Values:

Home Prices from $4,962 to $7,109,999

Average Sales Price: $211,526

Rental Values:

Rental from $400 to $2,240

Average Rent Value: $940 / month

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