Housing Prices in Cumberland Gap, TN
How much do homes in Cumberland Gap, TN cost?
Median List Price
$219,900
$148/sqft
Based on all homes listed in the last 12 months.
The Median List Price hasn't changed since March 2023.
Key Takeaway
The list price of homes in Cumberland Gap has remained the same since last year.
Summary: The median home list price in Cumberland Gap was $219,900 in March 2024, the same as the previous year, and the median price per square foot was $148.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $80K | $169K | +111.3% |
| 3 Bedrooms | $239.9K | $324.9K | +35.4% |
| 4 Bedrooms | $219.9K | $219.9K | 0.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Cumberland Gap 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 increased by 111.3%, 3 bedroom homes increased by 35.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Cumberland Gap, TN
How many homes are available in Cumberland Gap, TN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Summary: The Cumberland Gap real estate market had 8 homes for sale in March 2024, a 20.0% decrease 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cumberland Gap 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 decreased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Cumberland Gap, TN
How long does it take to sell a home in Cumberland Gap, TN?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 132 Days | 60 Days | -53.9% |
Summary: Homes in Cumberland Gap had an average listing age of 60 days in Mar 2024, down by 53.9% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.