Alcoa, TN Multifamily Home for Sale

Alcoa started off as an industrial town, but it’s found a new purpose in the present. Taking its name from an old aluminum manufacturer, the city of Alcoa has shifted into a hub of suburban living south of Knoxville with new developments, high-rated schools and a growing population “It’s a united community that rallies around its local school system and its sports teams,” says Katie Stephens, a teacher at Alcoa Elementary and a real estate buyer specialist with the Dwight Price Group. “It’s really booming out here.” Early homes from the early to mid-20th century sit alongside properties from the 1960s to 1980s and in modern developments. Communities like Eagleton are peppered with a balance of earlier and later houses. Ranch-style homes in the city center sit closer to the street but have larger backyards. Condos and townhomes are also available in Alcoa but are not as common on the market. The city’s median home value of about $315,000 places homes under the national median home value. Homes on the north side of town near McGhee Tyson Airport may experience higher noise levels due to passing air traffic. According to the Flood Factor index, some homes in town may also have higher