Mountain City Housing Market Report February 2025•Johnson County, Tennessee

hero building illustration for mobile

Housing Prices in Mountain City, TN

How much do homes in Mountain City, TN cost?

Housing Market Conditions

Is Mountain City, TN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Mountain City is a Neutral Market

Difference Since February 2024

Since last year, Mountain City has remained a Neutral Market.

Insight

Mountain City is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$257,750$159/SqFt
+$27,850
+12.1%

Based on all homes sold in the last 12 months

Insight

Homes in Mountain City have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in Mountain City was $257,750 in February 2025, up 12.1% from last year, and the median price per square foot was $159.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$117K$267K
+128.2%
2$224.9K$229K
+1.8%
3$207K$250.2K
+20.9%
4$315K$337.9K
+7.3%
5$650K$462.5K
-28.8%

Summary: Mountain City housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +128.2%. The home price for 2 bedroom homes increased by +1.8%. The home price for 3 bedroom homes increased by +20.9%. The home price for 4 bedroom homes increased by +7.3%. The home price for 5 bedroom homes decreased by -28.8%.

Housing supply in Mountain City, TN

How many homes are available in Mountain City, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
58Last MonthFeb 2025
572 months agoJan 2025
+1.8 %
Change MoMJan – Feb

Summary: The Mountain City real estate market had 58 homes for sale in Feb 2025, a 1.8 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
9Last MonthFeb 2025
102 months agoJan 2025
-10.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
123
+50.0%
266
0.0%
33735
-5.4%
41113
+18.2%
511
0.0%

Summary: Mountain City housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -5.4%. The inventory for 4 bedroom homes increased by +18.2%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Mountain City, TN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price4 Homes

Under Asking Price5 Homes

Insight

If you're buying a home in Mountain City, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Mountain City in February 2025, down by 10.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and and 0% were sold over asking.

Days on Market for Mountain City, TN

How long does it take to sell a home in Mountain City, TN?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days3 Homes

Over 90 Days3 Homes

Insight

Many homes in Mountain City are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 9 homes were sold in Mountain City; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
58 DaysThis YearFeb 2025
198 Days1 year agoFeb 2024
-70.7 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Mountain City had an average listing age of 58 days in Feb 2025, down by 70.7% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Mountain City, TN

What homes are available in Mountain City, TN?

See More Listings

Nearby markets

Nearby markets aren't available for Mountain City, TN

Popular Cities with Homes for Sale in Tennessee

MLS Disclaimers and Copyright

Based on information from Tennessee Virginia Regional MLS, for the period 03/01/2023 - 03/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/9/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.