Is Crossville, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Crossville has remained a Seller's Market.
Housing Prices in Crossville, TN
How much do homes in Crossville, TN cost?
Median Sold Price
$318,040
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Crossville was $318,040 in April 2024, up 6% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $96.5K | -19.6% |
2 Bedrooms | $250K | $246.4K | -1.4% |
3 Bedrooms | $310K | $344.2K | +11.1% |
4 Bedrooms | $384.7K | $389K | +1.1% |
5+ Bedrooms | $662K | $475K | -28.2% |
Summary: Crossville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.6%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 28.2%.
Housing Supply in Crossville, TN
How many homes are available in Crossville, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
458 | 524 | +14.4% |
Summary: The Crossville real estate market had 524 homes for sale in April 2024, a 14.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 17 | +6.3% |
2 Bedrooms | 123 | 141 | +14.6% |
3 Bedrooms | 271 | 312 | +15.1% |
4 Bedrooms | 41 | 46 | +12.2% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Crossville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 90 | +47.5% |
Asking Price vs. Sold Price
58 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 90 homes were sold or pending in Crossville in April 2024, up by 47.5% month-over-month. Of the 90 sold homes, 64% were sold under asking, 23% were sold at asking, and 12% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 46 Days | +20.1% |
Summary: Homes in Crossville had an average of 46 days on market in Apr 2024, up by 20.1% compared to last year.
Breakdown of Home Sale Times
51 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During April 2024, 90 homes were sold in Crossville; 57% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.