Housing Prices in Cumberland Furnace, TN
How much do homes in Cumberland Furnace, TN cost?
Median List Price
$495,000
$214/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Cumberland Furnace has increased by 9.5% since last year.
Summary: The median home list price in Cumberland Furnace was $495,000 in March 2024, up 9.5% from the previous year, and the median price per square foot was $214.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64.9K | - | N/A |
| 2 Bedrooms | $145K | $105.3K | -27.3% |
| 3 Bedrooms | $444.9K | $470.9K | +5.8% |
| 4 Bedrooms | $504.9K | $534.9K | +5.9% |
| 5+ Bedrooms | $460K | $574.9K | +25.0% |
Summary: Cumberland Furnace housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 25%.
Housing Supply in Cumberland Furnace, TN
How many homes are available in Cumberland Furnace, TN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 18 | +63.6% |
Summary: The Cumberland Furnace real estate market had 18 homes for sale in March 2024, a 63.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cumberland Furnace housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Days on Market for Cumberland Furnace, TN
How long does it take to sell a home in Cumberland Furnace, TN?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 133 Days | 34 Days | -74.1% |
Summary: Homes in Cumberland Furnace had an average listing age of 34 days in Mar 2024, down by 74.1% compared to the previous year.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.