Zip 37701 (Alcoa, TN) Housing

Housing in Alcoa, TN (zip code 37701) has been appreciating faster than the US average over the last year. The median value of houses in Alcoa is $238,600 which is significantly lower than the US median of $338,100. However, the appreciation rate for homes in Alcoa was 20.45% compared to only 8.27% nationwide. This suggests that people are investing heavily and driving up demand for housing in Alcoa, making it an attractive option for potential buyers and investors alike.

The median home cost in Alcoa (zip 37701) is $238,600. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Alcoa (zip 37701) is up 24.9%.

Average Age of Homes

- The median age of Alcoa (zip 37701) real estate is 56 years old

The Rental Market in Alcoa (zip 37701)

- Renters make up 26.6% of the Alcoa (zip 37701) population
- 1.4% of houses and apartments in Alcoa (zip 37701), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Alcoa, Tennessee	United States
	3,966.0	139,647,020.0
	54	42
	$238,600	$338,100
	24.9%	16.6%
	83.4%	57.0%
	106.1%	101.1%
	$5.96	$10.98
	$1,452	$2,690
	57.1%	57.4%
	14.3%	11.2%
	28.6%	31.4%
Vacant Housing
	1.4%	1.9%
	4.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.4%	3.6%
	6.6%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	5.9%	3.9%
	6.3%	4.5%
	28.4%	11.3%
	13.0%	13.0%
	22.4%	20.1%
	12.7%	13.6%
	5.5%	8.3%
	4.4%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.2%	13.6%
	10.2%	13.6%
	7.6%	13.6%
	6.4%	13.2%
	12.2%	14.8%
	7.6%	13.6%
	13.4%	10.0%
	12.0%	4.7%
	17.7%	12.2%

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