Cumberland Gap, TN Home Values & Market Trends
Real estate market trends reflect that there have been 28 transactions over the past year in Cumberland Gap. The median value for residential home transactions that occurred over the previous year is $306,300. The number of current listings in Cumberland Gap is 33, and the percentage of properties for sale in the city is 33.00%. Cumberland Gap, TN currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 33 properties for sale.
Cumberland Gap, TN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 37724 | $ 306,300 $ 193/sqft |
Housing Market Summary for Cumberland Gap, TN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $219K | $277.4K | 26.69% |
| Median Sold Price | $176.4K | $147.4K | -16.45% |
| Homes For Sale | 17 | 34 | 100.00% |
| Homes Sold | 21 | 10 | -52.38% |
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 Gap, TN
Browse Homes in Cumberland Gap, TN
Cumberland Gap home values range from $57,185 to $545,397. The median estimated value of a home in Cumberland Gap is $306,300. The median list price of a home is 277,450, and the total count of properties in the city is 48.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Cumberland Gap, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cumberland Gap, TN; of that zips, 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 Gap, TN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Cumberland Gap, TN. There is 1 zips within Cumberland Gap, TN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions37724 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Cumberland Gap, TN. Auction homes and other auction properties account for 4.17% of all properties in Cumberland Gap, TN. There is 1 zips within Cumberland Gap, TN; of that zips, the median estimated home value for homes going to auction ranges from $163,763 in 37724 to the lowest value of $73,663 in 37724.
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More Real Estate Resources for Cumberland Gap, TN
Guide for Cumberland Gap, TN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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