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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 $220,404.
In Mountain City, TN, how many homes are available?
There are currently 15 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 $8,061,726.
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 picturesque small town full of friendly residents and beautiful natural landscapes. With a rich community spirit and a variety of outdoor activities, it's the perfect place for those looking to escape the hustle and bustle of city life.

Current Market Conditions in Mountain City, TN

The real estate market in Mountain City has shown steady growth over the past year, with an increase in home prices driven by the demand for vacation homes and retirement properties in the area. Buyers are attracted to the natural beauty and tranquility that Mountain City offers, leading to competitive bidding and a decrease in available inventory.

Prices have risen approximately 5% over the past year, with homes selling more quickly than in previous years. New construction is also becoming more common as developers recognize the area's potential. However, the market still offers some affordable options for first-time buyers.

Home Value Estimator For Mountain City, TN

There are currently 5,273 real estate properties in Mountain City, TN, with a median automated valuation model (AVM) price of $179,800.00. 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 $220,404.00, with the most expensive house in Mountain City, TN, topping out at $8,061,726.00 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: 15

Market Values:

Home Prices from $4,962 to $8,061,726

Average Sales Price: $220,404

Rental Values:

Rental from $400 to $2,240

Average Rent Value: $940 / month

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