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.
Months of supply3Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$252▲ +4.6% vs. last year
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 →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology