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Condo Foreclosures in Mountain City, TN

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Mountain City, TN Foreclosures

Current Market Conditions in in Mountain City, TN As of February 2026?
Over the past month, Mountain City's real estate market has experienced slight shifts, with a modest increase in home prices by approximately 2%. The number of homes listed for sale has also risen, offering potential buyers more options. While the market remains competitive, the affordability compared to surrounding areas continues to attract interest. Additionally, open houses have been well-attended, suggesting high interest in the properties available. The rental market remains steady as well, with demand for both long-term and short-term rentals growing due to the area’s natural allure.
How much do homes sell for in Mountain City, TN?
The average home price is currently $217,714.
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 $8,033,437.
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 is a quaint town nestled in the northeastern part of Tennessee. It offers a peaceful rural lifestyle with a close-knit community feel. The area boasts stunning natural surroundings, including beautiful mountains and scenic parks, making it ideal for outdoor enthusiasts.

Buyer vs Seller Market in Mountain City, TN

The real estate market in Mountain City has shown signs of stability, with a steady demand for homes that cater to families and retirees looking for tranquility. Prices have been gradually increasing, reflecting the low inventory and the appeal of the area’s natural beauty, which attracts new residents. Homes in Mountain City are often sought after due to the serene environment combined with access to outdoor activities.

In recent months, the market has remained competitive, with multiple offers being common on desirable listings. Buyers are encouraged to act quickly, as featured homes tend to sell within a few weeks of being on the market. Overall, the housing market is emerging as an attractive option for individuals seeking affordable yet charming properties.

Home Value Estimator For Mountain City, TN

There are currently 5,272 real estate properties in Mountain City, TN, with a median automated valuation model (AVM) price of $175,082.00. 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 $217,714.00, with the most expensive house in Mountain City, TN, topping out at $8,033,437.00 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 Condos


Market Trend for Mountain City, TN

Total Listings Available: 0

Market Values:

Home Prices from $4,962 to $8,033,437

Average Sales Price: $217,714

Rental Values:

Rental from $400 to $2,240

Average Rent Value: $940 / month

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