Alcoa, TN Housing Market
The Alcoa housing market is very competitive. The median sale price of a home in Alcoa was $268K last month, down 16.2% since last year. The median sale price per square foot in Alcoa is $244, up 3.2% since last year.
Alcoa Housing Market Trends
In April 2024, Alcoa home prices were down 16.2% compared to last year, selling for a median price of $268K. On average, homes in Alcoa sell after 46 days on the market compared to 30 days last year. There were 11 homes sold in April this year, up from 10 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Alcoa housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% below list price and go pending in around 36 days.
- Hot homescan sell for around list price and go pending in around 30 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 43 days.
- Hot homescan sell for about 1% above list price and go pending in around 26 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 42 days.
- Hot homescan sell for around list price and go pending in around 28 days.
Alcoa Migration & Relocation Trends
- Across the nation, 0.63% of homebuyers searched to move into Alcoa from outside metros.
- Los Angeles homebuyers searched to move into Alcoa more than any other metro followed by Chicago and New York.
- 64% of Alcoa homebuyers searched to stay within the Alcoa metropolitan area.
- Memphis was the most popular destination among Alcoa homebuyers followed by Nashville and Crossville.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 867 | ||
2 | 483 | ||
3 | 282 | ||
4 | 281 | ||
5 | 264 | ||
6 | 225 | ||
7 | 209 | ||
8 | 189 | ||
9 | 167 | ||
10 | 109 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 295 | ||
2 | 230 | ||
3 | 44 | ||
4 | 25 | ||
5 | 16 | ||
6 | 14 | ||
7 | 13 | ||
8 | 12 | ||
9 | 12 | ||
10 | 11 |
Home offer insights for Alcoa
Recent offers
View houses in Alcoa that sold recently
Recently sold homes
- $275,000 Last Sold Price3 beds2.5 baths1,779 sq ft108 Olivia Ln, Maryville, TN 37804List Price$275,000Sale to List0% over listDays on Market54 days108 Olivia Ln, Maryville, TN 37804
- $370,000 Last Sold Price3 beds2.5 baths1,850 sq ft130 Goose Lndg, Maryville, TN 37801List Price$382,000Sale to List3% under listDays on Market131 days130 Goose Lndg, Maryville, TN 37801
- $79,900 Last Sold Price—beds—baths—sq ftLot 3 Roddy Branch Rd, Rockford, TN 37853List Price$99,900Sale to List20% under listDays on Market56 daysLot 3 Roddy Branch Rd, Rockford, TN 37853
- $205,000 Last Sold Price2 beds1 bath792 sq ft189 Fletcher Ct, Maryville, TN 37804List Price$194,900Sale to List5% over listDays on Market110 days189 Fletcher Ct, Maryville, TN 37804
- $299,000 Last Sold Price3 beds2.5 baths1,471 sq ft127 Goose Lndg, Maryville, TN 37801List Price$299,000Sale to List0% over listDays on Market127 days127 Goose Lndg, Maryville, TN 37801
- $255,000 Last Sold Price3 beds1 bath1,092 sq ft200 Boxwood Ave, Alcoa, TN 37701List Price$259,900Sale to List2% under listDays on Market38 days200 Boxwood Ave, Alcoa, TN 37701
- $296,000 Last Sold Price3 beds1 bath1,152 sq ft1221 Monroe Ave, Maryville, TN 37804List Price$299,900Sale to List1% under listDays on Market39 days1221 Monroe Ave, Maryville, TN 37804
- $276,000 Last Sold Price3 beds2 baths1,075 sq ft510 Wright Rd, Maryville, TN 37804List Price$275,000Sale to List0% over listDays on Market43 days510 Wright Rd, Maryville, TN 37804
See all recently sold homes in Alcoa.
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Schools in Alcoa
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Coulter Grove Intermediate School Public • 4-7 | 833 Students | 1 reviews |
8/10 John Sevier Elementary School Public • PreK-3 | 589 Students | 7 reviews |
7/10 Samuel Everett School of Innovation Public • K-12 | 222 Students | 3 reviews |
7/10 Middlesettlements Public • PreK-5 | 300 Students | 7 reviews |
5/10 Rockford Elementary School Public • PreK-5 | 409 Students | 13 reviews |
Climate's impact on Alcoa housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Alcoa.
Flood Factor - Major
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Alcoa
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