Is Crossville, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Crossville was a Seller's Market.
Housing Prices in Crossville, TN
How much do homes in Crossville, TN cost?
Median Sold Price
$319,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Crossville was $319,000 in March 2024, up 6.3% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.9K | $96.5K | -6.3% |
2 Bedrooms | $250K | $247.9K | -0.8% |
3 Bedrooms | $310K | $341.8K | +10.3% |
4 Bedrooms | $380K | $425K | +11.8% |
5+ Bedrooms | $625K | $475K | -24.0% |
Summary: Crossville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 24%.
Housing Supply in Crossville, TN
How many homes are available in Crossville, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
402 | 452 | +12.4% |
Summary: The Crossville real estate market had 452 homes for sale in March 2024, a 12.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 18 | +12.5% |
2 Bedrooms | 98 | 118 | +20.4% |
3 Bedrooms | 247 | 264 | +6.9% |
4 Bedrooms | 34 | 44 | +29.4% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Crossville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 56 | +30.2% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 56 homes were sold or pending in Crossville in March 2024, up by 30.2% month-over-month. Of the 55 sold homes, 71% were sold under asking, 22% were sold at asking, and 7% were sold over asking.
Days on Market for Crossville, TN
How long does it take to sell a home in Crossville, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
76 Days | 57 Days | -24.7% |
Summary: Homes in Crossville had an average of 57 days on market in Mar 2024, down by 24.7% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During March 2024, 56 homes were sold in Crossville; 48% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.