Lenoir City
Real Estate
New, 'resort-style' apartments add to Alcoa's growing Springbrook Farm
Vital at Springbrook Farms, a new apartment complex in Alcoa just a mile away from the thriving McGhee Tyson Airport, offers "resort-style" apartments in the growing Springbrook Farms development. The $45 million apartment complex broke ground in January 2022 and was developed by StoneRiver Company and Bluedog Capital Partners. Vital...
Homes in Anderson County sold at same prices recently: See how much here
Newly released data for December shows that potential buyers and sellers in Anderson County saw houses sell for the same as the previous month's median sale price of $275,000. The median home sold for $275,000, an analysis of data from Realtor.com shows. That means December, the most recent month for which figures are available, was flat to November. ...
Capstone Building Corp. completes $45 million Tennessee resort development
Birmingham’s Capstone Building Corp. has completed a $45 million resort-style residential development in Tennessee. Vital at Springbrook Farms n Alcoa, Tenn. is a joint venture by StoneRiver Company and Bluedog Capital Partners. Vital at Springbrook Farms covers 311,996 square feet with 300 units. That encompasses 32 studios, 176 one-bedroom...
Anderson County home prices listed for 1.2% higher than previous month; see median price
The median home in Anderson County listed for $388,462 in January, up 1.2% from the previous month's $383,950, an analysis of data from Realtor.com shows. Compared to January 2023, the median home list price increased 16.9% from $332,250. The statistics in this article only pertain to houses listed for sale...
Anderson County home prices rose 1.2% in December, with houses listed at a median of $383,950
The median home in Anderson County listed for $383,950 in December, up 1.2% from the previous month's $379,450, an analysis of data from Realtor.com shows. Compared to December 2022, the median home list price increased 11.3% from $344,500. The statistics in this article only pertain to houses listed for sale...
Housing expected to remain strong
The 2023 housing market in East Tennessee saw an overwhelming amount of demand without the needed inventory to moderate prices. As the community greets a new year, local real estate agents and brokers don’t anticipate much change in 2024. Even before the pandemic, real estate prices had been on a gradual incline for more than a decade. Since 2020, more people have moved here and purchased homes with all-cash offers,...
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