Alcoa, TN 37701 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Alcoa, TN—37701

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$292,000

1.1% YoY Growth

Household Income

$63,200

47.5% YoY Growth

Days on Market

7.0% Longer YoY

Home Price Forecast

4.1%

Median Rent

$1,700

3.5% YoY Growth

1-Bed Rent

$1,560

15.6% YoY Growth

2-Bed Rent

$1,500

1.3% YoY Growth

3-Bed Rent

$1,900

6.0% YoY Growth

Home Price Trends — Alcoa, TN

As of Dec '25, the median home price in Alcoa, TN is $292,000, with a year-over-year change of 1.1%. This indicates that home prices in Alcoa, TN are increasing. According to Zillow, the 1-year price projection is 4.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$292,000	1.1%
Single Family	$294,000	0.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Alcoa, TN

As of July '25, Rentcast reports the average rent in Alcoa, TN is $1,760, with a year-over-year rent change of 3.5%. Per bedroom, the median rent as of July '25 in Alcoa, TN is studios: $1,440, 1-bedrooms: $1,480, 2-bedrooms: $1,500, 3-bedrooms: $1,930, 4-bedrooms: $2,500. The most common rental property sizes in Alcoa, TN are 2-bedroom and 3-bedroom, accounting for 52.7% and 32.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,700	$1,760
Studio Rent	$1,440	$1,440
1 Bed Rent	$1,560	$1,480
2 Bed Rent	$1,500	$1,500
3 Bed Rent	$1,900	$1,930
4 Bed Rent	$2,500	$2,500

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% of Rental Stock

1 Bedroom

12.8%

2 Bedrooms

52.7%

3 Bedrooms

32.1%

4 Bedrooms

2.5%

Property Listings — Alcoa, TN

As of Dec '25, Realtor.com reports that the median days on market for a home in Alcoa, TN is 59. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$322,000	-21.0%
Listing Count	28	3.0%
Listings as % of Homes	0.3%	3.0%
Days on Market	61	7.0%

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Demographics — Alcoa, TN

As of the latest ACS Survey released in 2023, Alcoa, TN has a population of 9,610, which has increased by 24.6% over the past 5 years. Alcoa, TN is a moderately popular place for families, as children make up 24.6% of the population. The area has a moderately educated workforce, with 34.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	9,610	24.6%
% Under 18	24.6%	-2.0%
% Seniors	17.7%	-10.6%
% WFH	9.5%	331.8%
% w/ College Degree	34.5%	47.4%

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As of the latest ACS Survey released in 2023, Alcoa, TN is a predominantly white area, with 70.6% of the population identifying as white. The white population has shrunk by 9.1% in the last 5 years. The second most common race or ethnicity in Alcoa, TN is black, making up 13.8% of the population. Foreign-born residents account for 6.9% of the population in Alcoa, TN, and this percentage has increased by 56.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	70.6%	-9.1%
% Black	13.8%	7.8%
% Hispanic	6.7%	-1.5%
% Asian	2.2%	57.1%
% Foreign Born	6.9%	56.8%

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Mortgage and Risk — Alcoa, TN

According to HUD data as of 2023, there were 201 mortgage originations in Alcoa, TN, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Alcoa, TN. Investor activity is low, as 9.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	201
% Conventional Loans	71.0%
% Government Loans	29.0%
% Investor Loans	9.0%
% Second Loans	0.0%
% Cash Out Refinance	19.0%

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Rentals and Section 8 — Alcoa, TN

As of 2024, the percent of homes in Alcoa, TN under the Section 8 program is 12.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Alcoa, TN, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	166
Total Units Section 8	166
% Rentals under Section 8	12.3%
% Occupied Section 8	88.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$330	$1,560	$1,230
2 Bedroom	$10	$1,500	$1,510
3 Bedroom	$40	$1,900	$1,940
4 Bedroom	-$220	$2,500	$2,280

Alcoa, TN—37701

Key Metrics at a Glance

Home Price Trends — Alcoa, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Alcoa, TN

% of Rental Stock

Property Listings — Alcoa, TN

Demographics — Alcoa, TN

Race and Ethnicity

Mortgage and Risk — Alcoa, TN

Mortgages

Rentals and Section 8 — Alcoa, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Alcoa, TN

Home Price to Income Ratio

Alcoa, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Louisville, TN

Rockford, TN

Maryville, TN

Oak Ridge, Knoxville, TN

Maryville, TN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4
Median Home Price	$292,000
Median Household Income	$63,200

Alcoa, TN—37701

Key Metrics at a Glance

Home Price Trends — Alcoa, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Alcoa, TN

% of Rental Stock

Property Listings — Alcoa, TN

Demographics — Alcoa, TN

Race and Ethnicity

Mortgage and Risk — Alcoa, TN

Mortgages

Rentals and Section 8 — Alcoa, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Alcoa, TN

Home Price to Income Ratio

Alcoa, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Louisville, TN

Rockford, TN

Maryville, TN

Oak Ridge, Knoxville, TN

Maryville, TN

Frequently Asked Questions

What is the average home price in Alcoa, TN 37701?

How have home prices in Alcoa, TN 37701 changed over the past year?

What is the home price projection for Alcoa, TN 37701?

What are the demographics of Alcoa, TN 37701?

How long does it take homes to sell in Alcoa, TN 37701?

What is the average rent price in Alcoa, TN 37701?