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Housing in Alcoa

146 homes sold in Alcoa in the last year, at a typical $350K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Alcoa homes are listed.

Homes sold
146
June 2025 to May 2026
Typical sale price
$350K
median, weighted by sales
Price per square foot
$233
Tennessee $210
Paid vs. asking
97.7%
24% sold over asking
For sale now
33
May 2026 · 10 sold that month
What sold · last 12 months

Houses are 86% of Alcoa’s sales, at a typical $351K

146 homes sold in the year to May 2026.

Houses$351K

typical sale · 126 sold in 12 months

Per square foot
$242TN $209
Days to sell
64
Sold over asking
26%
Listings with a price cut
29%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $180K
Townhouses: 15 sold, typical $324K
Condos: 4 sold, typical $283K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.4 times the 2016 price

146 sales in the last year, against 194 in 2021 and a low of 98 in 2023. The typical sale went from $145K in 2016 to $350K.

Homes soldTypical sale price
050100150200$175K$250K$325K$400K2012: 115 sold, typical $118K’122013: 129 sold, typical $147K2014: 122 sold, typical $131K’142015: 132 sold, typical $130K2016: 125 sold, typical $145K’162017: 142 sold, typical $162K2018: 163 sold, typical $183K’182019: 151 sold, typical $169K2020: 175 sold, typical $208K’202021: 194 sold, typical $246K2022: 144 sold, typical $265K’222023: 98 sold, typical $334K2024: 141 sold, typical $323K’242025: 166 sold, typical $357KLast 12 months: 146 sold, typical $350KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Alcoa

Houseat $242 a sq ft
The same money in Tennesseeat $209 a sq ft

Is this asking price fair?

Check a listing against what Alcoa homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Alcoa are more common than before the pandemic, but a quarter fewer homes come up for sale

We read every month of Alcoa’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 146 sales.

If you’re buying in Alcoa

  • Shop in March. It brings about 16 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
  • You can negotiate. 29% of listings have cut their price, against 14% before the pandemic.
  • Offer under asking. Buyers paid 97.7% of the list price on average; 24% paid over.
  • You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 64 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

March has the most new listings (about 16 a month), but June is the most competitive: 30% of June sales close over asking. January has the least competition (14%).

New listings a monthShare sold over asking
0510152013%27%40%Sweet spotJan: 12 new listings a month, 14% sold over asking, 73 days to sellJFeb: 14 new listings a month, 24% sold over asking, 74 days to sellFMar: 16 new listings a month, 20% sold over asking, 66 days to sellMApr: 15 new listings a month, 24% sold over asking, 62 days to sellAMay: 15 new listings a month, 29% sold over asking, 54 days to sellMJun: 15 new listings a month, 30% sold over asking, 61 days to sellJJul: 15 new listings a month, 22% sold over asking, 63 days to sellJAug: 15 new listings a month, 24% sold over asking, 56 days to sellASep: 15 new listings a month, 21% sold over asking, 52 days to sellSOct: 15 new listings a month, 24% sold over asking, 56 days to sellONov: 12 new listings a month, 27% sold over asking, 52 days to sellNDec: 8 new listings a month, 21% sold over asking, 61 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Tennessee

Alcoa now2017–192021 peakTN now
Sold over askingShare of sales that closed above the list price24%16%40%14%
Gone within two weeksShare of homes under contract within 14 days39%33%45%27%
Listings with a price cutShare of homes for sale that cut their price29%14%12%25%
Price paid vs. askingAverage sale price ÷ list price97.7%97.5%98.8%97.3%
Days to sellMedian days from listing to contract64635170
Supply

31 homes for sale on a typical day

That’s twice the 2023 low (16), 22% fewer than in 2017–19 and well under 2012’s 84.

2012: 84 for sale’122013: 72 for sale2014: 70 for sale2015: 56 for sale’152016: 50 for sale2017: 39 for sale2018: 35 for sale’182019: 43 for sale2020: 46 for sale2021: 31 for sale’212022: 22 for sale2023: 16 for sale2024: 34 for sale’242025: 38 for saleLast 12 months: 31 for saleNow
Room to negotiate

1 in 3 listings has cut its price

29% in the last year, against 14% in 2017–19 and 25% across Tennessee. More sellers are pricing high and coming down.

2015: 12%’152016: 13%2017: 13%2018: 14%’182019: 16%2020: 13%2021: 12%’212022: 18%2023: 24%2024: 21%’242025: 29%Last 12 months: 29%Now
Prices by type

Since 2019, houses are up 103%, condos 85%

A house typically sold for $351K in the last year (126 sales), a condo for $283K (4).

$100K$200K$300K$400K2013201520172019202120232025NowHouses 2013: $155K, 121 salesHouses 2014: $136K, 116 salesHouses 2015: $132K, 127 salesHouses 2016: $139K, 122 salesHouses 2017: $166K, 135 salesHouses 2018: $184K, 158 salesHouses 2019: $173K, 144 salesHouses 2020: $212K, 171 salesHouses 2021: $247K, 184 salesHouses 2022: $272K, 136 salesHouses 2023: $335K, 95 salesHouses 2024: $332K, 116 salesHouses 2025: $356K, 128 salesHouses last 12 months: $351K, 126 salesHouses $351KCondos 2013: $74K, 7 salesCondos 2014: $121K, 4 salesCondos 2015: $96K, 4 salesCondos 2017: $107K, 7 salesCondos 2019: $153K, 6 salesCondos 2021: $202K, 4 salesCondos 2022: $236K, 6 salesCondos last 12 months: $283K, 4 salesCondos $283K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Tennessee

Alcoa ranks 7th of 108 busy Tennessee markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Alcoa is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Alcoa home costs about $2,078 a month

Mortgage
Property tax
Insurance
Rent

Price: Alcoa’s typical sale, last 12 months. Property tax at Alcoa’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Alcoa is affordable on local pay is on Cost of living.

Before you buy in Alcoa

Six things worth knowing

16

New listings in March

The month with the most choice. December has the fewest, about 8.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $350K home, about $3,010 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Alcoa, from test results, graduation and how much students grow.

Schools in Alcoa
24 min

Typical commute

The average one-way trip to work for people who live in Alcoa.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Eagleton Village, Maryville, Knoxville and Seymour sell for less a square foot; Louisville for far more

The busier markets within 25 miles of Alcoa, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Knoxville2,603$316K$22517%59
Maryville501$386K$21618%61
Farragut461$722K$25018%77
Seymour179$352K$21020%54
Alcoa146$350K$23324%64
Eagleton Village86$280K$22131%66
Louisville43$1.2M$29712%78

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Alcoa, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Alcoa. People who follow the town see it, and so do people comparing Alcoa with their own town. No commission, no listing fee.

Questions about buying a home in Alcoa

What do homes sell for in Alcoa, TN?

146 homes sold in the year to May 2026 at a typical $350K, $233 a square foot.

Is Alcoa a buyer’s or seller’s market?

A seller’s market: 33 homes were for sale in May 2026 and 10 sold, about 3.3 months of supply. Buyers paid 97.7% of asking on average, and 29% of listings cut their price.

When is the best time to buy in Alcoa?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Alcoa?

About 0.9% of a home’s value a year. On a $350K home that’s near $3,010.

Where can I see homes for sale in Alcoa?

Zillow, Redfin, Realtor.com and Homes.com all carry Alcoa’s MLS listings; the search links above open each one filtered to Alcoa.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).