Housing in Alcoa, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$260,750

Median List Price

$332,400

Price Per Sq Ft

$206

Days on Market

92

Active Inventory

26

Months of Supply

4.3

Balanced market

Zillow Home Value

$303,274

ZHVI — January 2026

Zillow Rent Index

$1,669

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price ↓ 6.9%List Price ↑ 25.5%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.7%

Off Market in 2 Weeks

30.0%

Sale-to-List Ratio

95.2%

Buyer's market

Sold Above Asking
16.7%
Under Contract in 2 Wks
30.0%
Listings with Price Drops
23.1%

Market Activity

Source: Redfin

Homes Sold

6

New Listings

14

Pending Sales

10

Homes Sold ↓ 68.4%New Listings ↓ 12.5%Pending ↓ 58.3%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$206

Median List $/SF

$245

Sale $/SF ↓ 1.9%List $/SF ↑ 2.5%Mar 24 → Jan 26

Alcoa vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Alcoa is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$232,300

Median Rent

$1,057

Total Housing Units

5,455

Vacancy Rate

13.4%

Owner Occupied

64.7%

Renter Occupied

35.3%

Median Property Tax

$1,908

per year

Monthly Cost (w/ Mortgage)

$839

Housing Types

Single Family
68.8%
Multi-Family
24.9%
Mobile Home
6.3%

The current median sale price in Alcoa, TN is $260,750 according to Redfin data. Homes spend a median of 92 days on the market. 16.7% of homes sold above asking price. The market has 4.3 months of supply. The median price per square foot is $206. Zillow's observed rent index is $1,669/month. About 64.7% of housing units are owner-occupied. The median year homes were built is 1976. There are 5,455 total housing units.