Home prices
The median home in Mountain City costs $83,000. In comparison to nearby areas this is roughly $167,200 (66%) lower.It is about $134,500 (61%) lower compared to the US as a whole, and it is about $53,300 (39%) lower compared to the city of Knoxville.
Rents
The median monthly rent in Mountain City is $685. It is approximately $66 (8%) lower compared to its surrounding areas.It is roughly $377 (35%) lower compared to the nation as a whole, and is about $160 (18%) lower compared to the city of Knoxville.
Nearby places
Clayton
Clayton is approximately 3 miles south from Mountain City. The housing prices there are significantly more expensive. Clayton's median home cost is $129,000, which works out to $46,000 (35%) higher than Mountain City. Rent there is fairly similar. Clayton's median monthly rent is $659, which works out to $26 (3%) lower than Mountain City.
Dillard
Dillard is roughly 4 miles north from Mountain City. Real estate prices there are significantly more expensive. Dillard's median home value is $182,300, which comes out to $99,300 (54%) higher than Mountain City. Its rents are somewhat less expensive. In Dillard the median monthly rent is $580, which comes out to $105 (18%) lower than Mountain City.
Sky Valley
Sky Valley is about 5 miles northeast from Mountain City. Housing prices there are substantially more expensive. The median home in Sky Valley is valued at $241,700, which works out to $158,700 (65%) higher than Mountain City. The rent there is a bit more expensive. In Sky Valley the median monthly rent is $925, which is $240 (25%) higher than Mountain City.
Tiger
Tiger is about 5 miles southwest of Mountain City. Real estate prices there are a lot more expensive. The median home in Tiger costs $159,400, which works out to $76,400 (47%) higher than Mountain City. Rent there is somewhat less expensive. The median monthly rent in Tiger is $645, which works out to $40 (6%) lower than Mountain City.
Highlands
Highlands is about 13 miles northeast from Mountain City. The real estate prices there are substantially more expensive. The median home price in Highlands is $538,600, which comes out to $455,600 (84%) higher than Mountain City. Rent there is a bit more expensive. The median monthly rent in Highlands is $946, which comes out to $261 (27%) higher than Mountain City.