Is Alcoa, TN 37701 a buyer’s or seller’s market?
Alcoa is a seller’s market. With about 3 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 59% of U.S. ZIP codes, and #5 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Alcoa housing market right now
In the three months ending August 31, 2026, 25% of homes in Alcoa, TN 37701 sold above their list price, the typical home went under contract in 47 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 33 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 21%, homes sold faster (65 days then) and the median sale price rose 17% to $336,804. Overall, Alcoa is more competitive than a year ago, so tougher for buyers.
Within Blount County, homes here sell faster than in 78% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Alcoa ranks #5 of 299 TN ZIP codes with enough sales (score 57 out of 100).
Nearby, buyers who want less competition could look at Walland 37886 (0% sold over asking) or Tallassee 37878 (0% sold over asking).
Run the numbers for 37701
Nearby markets
Friendsville 37737Seller’s market $266 /sq ftLouisville 37777Seller’s market $244 /sq ftMaryville 37801Seller’s market $225 /sq ftMaryville 37803Seller’s market $225 /sq ft Browse all markets →Towns like Alcoa nearby
Find towns like Alcoa in other states →Where Alcoa is
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Questions about Alcoa real estate
Is Alcoa a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Alcoa, TN 37701 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Alcoa?
The typical home went under contract in 47 days in the latest three months.
Do homes in Alcoa sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Alcoa?
About 0.45% of a home’s value a year in Blount County, or roughly $1,800 on a $400,000 home.
What is the median home price in Alcoa?
The median sale price was $336,804 in the three months ending August 31, 2026, about $252 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology