37701 Home Values & Market Trends

There are 24 homes currently listed for 37701. 37701 real estate market trends show that home prices range from $89,900 to $2,100,000, and the median sales price in the 37701 zip code is $286,166.54. The total number of properties sold within the past twelve months is 147. In 37701, 2 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.

37701 Real Estate Market Overview

CityMedian Est. Value
Alcoa

$ 249,900

$ 207/sqft

Housing Market Summary for 37701

Apr 2023March 2024Change
Median Listing Price$289.9K$278K-4.10%
Median Sold Price$267K$278K4.13%
Homes For Sale151820.00%
Homes Sold6334-46.03%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 37701

The median list price of a home in Alcoa, is $286,166.54. A total of 24 properties are for sale, and the percentage of properties for sale in the zip code is 24.00%. The total count of 37701 properties is 3,249.

Foreclosure
There is 1 cities within 37701; within this cities, the median estimated home value for homes in foreclosure ranges from $274,484 in alcoa to the lowest value of $173,595 in alcoa. Foreclosure homes account for 0.00% of properties in 37701 with alcoa containing 2 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 37701 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 37701; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 37701 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 37701. There is 1 cities within 37701; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    alcoa has 2 auction properties, the highest number of properties going to auction in a single city in the state of 37701. Auction homes and other auction properties account for 0.06% of all properties in 37701. There is 1 cities within 37701; of that cities, the median estimated home value for homes going to auction ranges from $274,484 in alcoa to the lowest value of $173,595 in alcoa.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.74% of residential properties in 37701 with alcoa containing 24 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 37701; homes for sale in that cities, have a range of median values from $1,237,902 in alcoa to the lowest value of $89,900 in alcoa.
    Sold Homes
    The median value for recently sold homes ranges from $762,500 in alcoa to the lowest price of $40,608 in alcoa. There is 1 cities within 37701. alcoa has 42 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.29% of properties in 37701.

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      Guide for 37701

      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      See More Articles
      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Tennessee Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Tennessee Foreclosure Laws

      Recently Listed Homes 37701

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