Cumberland County, TN Home Values & Market Trends

The median home price in Cumberland County, TN is $297,451.47. There were 1,315 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 $230,000. The number of current listings in Cumberland County, TN is 278, and the percentage of properties for sale is 278.00%. The county has 13 foreclosures, 3 bank owned properties, 10 headed for auction, and 278 properties for sale.

Cumberland County, TN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Crossville

$ 349,950

$ 202/sqft

Crab Orchard

$ --

$ --

Housing Market Summary for Cumberland County, TN

Mar 2023February 2024Change
Median Listing Price$305K$302.4K-0.85%
Median Sold Price$289.7K$302.4K4.38%
Homes For Sale291274-5.84%
Homes Sold817764-6.49%
Price
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Homes For Sale
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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%.

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Browse Homes in Cumberland County, TN

Cumberland County, TN home values range from $20,044 to $12,053,702. Crossville is the priciest city with a median listing home price of $346,950, and Crossville is most affordable with average house prices of around $346,950.

Foreclosure
There are 2 cities within Cumberland County, TN; within these cities, the median estimated home value for homes in foreclosure ranges from $781,476 in Crossville to the lowest value of $110,262 in Crossville. Foreclosure homes account for 0.00% of properties in Cumberland County, TN with Crossville containing 12 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-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 Owned
    The median estimated home value of bank owned homes (REO properties) in Cumberland County, TN ranges from the highest value of $781,476 in Crossville to the lowest value of $261,700 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.
  • Auctions
    Crossville has 9 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 0.04% 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 $297,889 in Crossville to the lowest value of $110,262 in Crossville.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.03% of residential properties in Cumberland County, TN with Crossville containing 247 homes for sale, the highest number of listed properties in a single city. There are 2 cities within Cumberland County, TN; homes for sale in those cities, have a range of median values from $1,300,000 in Crossville to the lowest value of $15,930 in Crossville.
    Sold Homes
    The median value for recently sold homes ranges from $550,715 in Crab Orchard to the lowest price of $22,511 in Crab Orchard. There are 2 cities within Cumberland County, TN. Crossville has 686 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.79% of properties in Cumberland County, TN.

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      Guide for Cumberland County, TN

      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
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      Tennessee Foreclosure Laws
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      How Much Should You Spend On Your First Home?
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