Cumberland County, TN Home Values & Market Trends
The median home price in Cumberland County, TN is $296,542.49. There were 1,329 home sales in Cumberland County, TN over the past 12 months. The median residential Cumberland County, TN home value for transactions over the previous year is $243,650. The number of current listings in Cumberland County, TN is 343, and the percentage of properties for sale is 343.00%. The county has 10 foreclosures, 3 bank owned properties, 7 headed for auction, and 343 properties for sale.
Cumberland County, TN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Crossville | $ 349,900 $ 200/sqft | Crab Orchard | $ -- $ -- |
Housing Market Summary for Cumberland County, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $300K | $289.2K | -3.59% |
| Median Sold Price | $286.2K | $289.2K | 1.05% |
| Homes For Sale | 310 | 304 | -1.94% |
| Homes Sold | 747 | 711 | -4.82% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cumberland County, TN
Browse Homes in Cumberland County, TN
Cumberland County, TN home values range from $16,726 to $12,212,203. Crossville is the priciest city with a median listing home price of $347,000, and Crossville is most affordable with average house prices of around $347,000.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Cumberland County, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within Cumberland County, TN; of those 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Cumberland County, TN ranges from the highest value of $254,800 in Crossville to the lowest value of $107,961 in Crossville. Bank owned homes and properties account for 0.01% of properties in Cumberland County, TN. There are 2 cities within Cumberland County, TN; Crossville containing 3 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsCrossville has 7 auction properties, the highest number of properties going to auction in a single city in the state of Cumberland County, TN. Auction homes and other auction properties account for 0.03% of all properties in Cumberland County, TN. There are 2 cities within Cumberland County, TN; of those cities, the median estimated home value for homes going to auction ranges from $292,498 in Crossville to the lowest value of $193,247 in Crossville.
Compare Nearby Cities
More Real Estate Resources for Cumberland County, TN
Guide for Cumberland County, TN
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of 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.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws
