$195,000
124 E Franklin St
Alcoa, TN
3 bd1 ba968 sqft$201/ft²
House6,970 sqft lot
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Sarah Mitchell
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Compass Real Estate · Alcoa, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Alcoa, TN(512) 555-0184TX License #0512847
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Alcoa, TN Housing Market & Real Estate
Leaning buyer's-18.3% YoY
Housing market overview · Updated monthly ·
$406,500median sale price
How is the Alcoa, TN housing market right now?
The median home sale price in Alcoa, TN is $406,500, down 18.3% year-over-year. Homes sell in an average of 67 days with 33 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Alcoa a buyer's or seller's market?
Leaning buyer's3.3 months of supply67 avg. days on market
Alcoa, TN is currently a leaning buyer's, based on 3.3 months of supply and homes selling in about 67 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
67
Average pace
Active listings
33
3.3 months supply
Sale-to-list
95.9%
Below asking
What does the Alcoa housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $406,500 |
| Median list price | $339,450 |
| Year-over-year price change | -18.3% |
| Average days on market | 67 days |
| Active inventory | 33 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 95.9% |
| Median price per sq ft | $265/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 16 |
| Listings with a price cut | 27.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Alcoa by property type?
How the Alcoa, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $406,500 | $265/sq ft | 10 | 67 days |
| Condo / Co-op | $229,900 | $187/sq ft | 1 | 224 days |
| Townhouse | $320,000 | $218/sq ft | 1 | 56 days |
Source: Redfin · Updated monthly
The Alcoa housing market is currently classified as a leaning buyer's with a median sale price of $406,500. Prices have fallen 18.3% compared to last year, with homes spending an average of 67 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Alcoa
There are currently 33 homes listed for sale in Alcoa, Tennessee. The median listing price is $339K. Featured listings range from $195,000 to $895,500.
$235,000
1372 Remsen St
Alcoa, TN
3 bd2 ba1,242 sqft$189/ft²
House6,098 sqft lot
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$249,900
181 E Edison St
Alcoa, TN
2 bd1 ba888 sqft$281/ft²
House7,405 sqft lot
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$256,000
1115 Cherry St
Alcoa, TN
2 bd1 ba744 sqft$344/ft²
House7,405 sqft lot
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$339,900
360 N Wright Rd
Alcoa, TN
3 bd3 ba1,200 sqft$283/ft²
House6,970 sqft lot
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$367,500
232 W Stephenson St
Alcoa, TN
4 bd2 ba1,663 sqft$221/ft²
House8,712 sqft lot
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$369,900
898 W Cunningham St
Alcoa, TN
4 bd2 ba2,192 sqft$169/ft²
House23,522 sqft lot
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$375,000
978 N Linden Dr
Alcoa, TN
3 bd2 ba2,033 sqft$184/ft²
House24,829 sqft lot
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$460,000
3218 Rocky Waters Dr
Alcoa, TN
3 bd4 ba2,100 sqft$219/ft²
House30,056 sqft lot
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$675,000
1221 Brighton Dr
Alcoa, TN
4 bd3 ba2,601 sqft$260/ft²
House14,810 sqft lot
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$699,000
1012 Andover Blvd
Alcoa, TN
3 bd3 ba2,302 sqft$304/ft²
House40,946 sqft lot
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$895,500
1443 Aberdeen Dr
Alcoa, TN
3 bd3 ba2,885 sqft$310/ft²
House27,878 sqft lot
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Active listings
33
Homes on market
Median list price
$339K
Avg. days on market
67
Days until sale
New this week
16
Newly listed
Price drops:27.3%of listings
Sale-to-list:95.9%
Who lives in Alcoa?
Population
11,635
Median income
$60,049/yr
Median age
35.5 years
Owner-occupied
64.7%
College grads
31.0%
Avg commute
25 min
Source: U.S. Census Bureau ACS
What are homes worth in Alcoa?
Zillow home value
$325,206
Zillow rent index
$1,732/mo
Price-to-rent ratio
15.7x
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Alcoa?
Alcoa is a community of approximately 12K residents with a median age of 35.5 years.The median household income is $60,049, which represents a working-class community with solid middle-income opportunities. 31.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 64.7%, showing a blend of owner and renter-occupied properties. The average commute time is 25 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Alcoa offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Alcoa?
4 schools tracked · 2,201 students
The largest public schools serving Alcoa, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Alcoa High School
Grades 9-12 · 701 students
Alcoa Elementary
Grades PK-2 · 559 students
Alcoa Middle School
Grades 6-8 · 485 students
Alcoa Intermediate School
Grades 3-5 · 456 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Alcoa, TN?
Want a head-to-head view? Compare Alcoa side-by-side with any other U.S. city using our market-comparison tool.
Is Alcoa a good real estate investment market?
For investors evaluating Alcoa, the price-to-rent ratio of 15.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 18.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Alcoa's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Alcoa's median home price.
Frequently asked questions
What is the average home price in Alcoa?
The median home sale price in Alcoa is $406,500, down 18.3% from last year.
How long do homes stay on market in Alcoa?
Homes typically spend 67 days on market before going under contract.
What is the median income in Alcoa?
The median household income is $60,049 per year.
Is Alcoa a buyer's or seller's market?
With 3.3 months of supply, Alcoa is currently a leaning buyer's.
How many homes are for sale in Alcoa?
There are currently 33 homes listed for sale in Alcoa, TN.
What is the Zillow home value estimate for Alcoa?
The Zillow Home Value Index (ZHVI) for Alcoa is $325,206, representing the typical home value in the area.
What is the median condo price in Alcoa?
The median condo/co-op sale price in Alcoa, TN is $229,900, compared to $406,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Alcoa?
The median single-family home price in Alcoa, TN is $406,500 (about $265 per square foot).
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