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Housing in Mountain City

26 homes sold in Mountain City in the last year, at a typical $259K

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

Homes for sale in Mountain CityZillowRedfinRealtor.comMore places to look ↓
Homes sold
26
October 2025 to September 2026
Typical sale price
$259K
median, weighted by sales
Price per square foot
$175
Tennessee $208
Paid vs. asking
96.5%
9% sold over asking
For sale now
17
September 2026 · 3 sold that month
What sold · last 12 months

Houses are 0% of Mountain City’s sales, at a typical — (year to May 2026)

26 homes sold in the year to September 2026.

14 years of sales

About as many homes sell as usual, at 2.9 times the 2016 price

26 sales in the last year, against 45 in 2021 and a low of 0 in 2012. The typical sale went from $91K in 2016 to $259K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2012: 0 sold, typical —’122013: 0 sold, typical —2014: 26 sold, typical $85K’142015: 16 sold, typical $97K2016: 25 sold, typical $91K’162017: 20 sold, typical $87K2018: 27 sold, typical $110K’182019: 36 sold, typical $135K2020: 33 sold, typical $146K’202021: 45 sold, typical $211K2022: 40 sold, typical $229K’222023: 24 sold, typical $212K2024: 34 sold, typical $240K’242025: 30 sold, typical $231KLast 12 months: 26 sold, typical $259KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Mountain City are back to pre-pandemic levels, with about as many homes for sale

We read every month of Mountain City’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 September 2026, 26 sales.

If you’re buying in Mountain City

  • Shop in April. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (9% over asking).
  • Offer under asking. Buyers paid 96.5% of the list price on average; 9% paid over.
  • You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 76 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 4 a month), and the most competition: 14% close over asking. April and May offer nearly as much choice with fewer homes bid up (9%). February has the least competition (2%) but only about 2 new listings.

New listings a monthShare sold over asking
01.32.53.857%13%20%Sweet spotJan: 2 new listings a month, 4% sold over asking, 136 days to sellJFeb: 2 new listings a month, 2% sold over asking, 143 days to sellFMar: 2 new listings a month, 5% sold over asking, 175 days to sellMApr: 3 new listings a month, 9% sold over asking, 165 days to sellAMay: 3 new listings a month, 13% sold over asking, 160 days to sellMJun: 4 new listings a month, 14% sold over asking, 109 days to sellJJul: 3 new listings a month, 12% sold over asking, 100 days to sellJAug: 3 new listings a month, 12% sold over asking, 84 days to sellASep: 3 new listings a month, 11% sold over asking, 92 days to sellSOct: 3 new listings a month, 11% sold over asking, 103 days to sellONov: 3 new listings a month, 8% sold over asking, 124 days to sellNDec: 2 new listings a month, 6% sold over asking, 121 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Tennessee as a whole

Mountain City now2017–192021 peakTN now
Sold over askingShare of sales that closed above the list price9%10%12%13%
Gone within two weeksShare of homes under contract within 14 days34%3%2%26%
Price paid vs. askingAverage sale price ÷ list price96.5%92.2%96.5%97.3%
Days to sellMedian days from listing to contract7615810872
Supply

15 homes for sale on a typical day

That’s 3.8 times the 2012 low (4) and about the 2017–19 level.

2012: 4 for sale’122013: 6 for sale2014: 10 for sale2015: 12 for sale’152016: 12 for sale2017: 15 for sale2018: 11 for sale’182019: 16 for sale2020: 14 for sale2021: 14 for sale’212022: 9 for sale2023: 11 for sale2024: 10 for sale’242025: 15 for saleLast 12 months: 15 for saleNow

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Mountain City home costs about $1,446 a month

Mortgage
Property tax
Insurance
Rent

Price: Mountain City’s typical sale, last 12 months. Property tax at Mountain City’s 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Mountain City is affordable on local pay is on Cost of living.

Before you buy in Mountain City

Six things worth knowing

4

New listings in June

The month with the most choice. January has the fewest, about 2.

Best time to buy
0.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $259K home, about $1,140 a year.

Taxes vs. neighbors
D

Schools

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

Schools in Mountain City
22 min

Typical commute

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

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

No busy market nearby sells for less a square foot; Beech Mountain, West Jefferson, Boone and Banner Elk for far more

The busier markets within 25 miles of Mountain City, 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
Beech Mountain164$474K$2914%138
Abingdon104$277K$1748%67
Boone87$413K$30610%63
Banner Elk45$667K$35010%98
Mountain City26$259K$1759%76
Hunter23$282K$19117%87
West Jefferson22$363K$2566%67

Redfin Data Center, October 2025 to September 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 Mountain City, free

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

Questions about buying a home in Mountain City

What do homes sell for in Mountain City, TN?

26 homes sold in the year to September 2026 at a typical $259K, $175 a square foot.

Is Mountain City a buyer’s or seller’s market?

A balanced market: 17 homes were for sale in September 2026 and 3 sold, about 5.7 months of supply. Buyers paid 96.5% of asking on average.

When is the best time to buy in Mountain City?

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

How much are property taxes in Mountain City?

About 0.4% of a home’s value a year. On a $259K home that’s near $1,140.

Where can I see homes for sale in Mountain City?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).