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Multi-family Foreclosures 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 $211,000.
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 is a charming small town located in Northeast Tennessee, nestled in the beautiful Appalachian Mountains. It is known for its welcoming community, natural beauty, and proximity to outdoor recreation. The town offers a mix of small-town charm with access to a variety of amenities and activities, making it an ideal place to live for families and nature enthusiasts alike.

Current Market Conditions in Mountain City, TN

The real estate market in Mountain City, TN is currently thriving, with a steady demand for homes. Inventory levels are low while buyer interest remains high, but new constructions are starting to come onto the market, indicating positive growth. The town is becoming increasingly attractive to families seeking a peaceful environment while still needing access to city amenities.

Over the past few months, home values have experienced a modest increase, reflecting the broader trend of real estate appreciation in rural areas as more people seek space and affordability outside urban centers. Interest rates remain favorable, further driving demand among first-time buyers and investors.

Home Value Estimator For Mountain City, TN

There are currently 4,752 real estate properties in Mountain City, TN, with a median automated valuation model (AVM) price of $177,525.00. 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 $211,000.00, 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 Multi-family Homes


Market Trend for Mountain City, TN

Total Listings Available: 0

Market Values:

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

Average Sales Price: $211,000

Rental Values:

Rental from $400 to $2,240

Average Rent Value: $940 / month

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