Crossville, TN: A Look at the Current Housing Market

Here is a plain look at where things stand in Crossville and Cumberland County this month. The numbers tell a steady story worth understanding before you make a move.

The median list price in Cumberland County sits at $396,000, down 5.7% from a year ago. Over the past three weeks, that median has held flat, showing no change. Homes are typically spending 85 days on the market, and with 614 active listings against 136 new ones last month, there is a fair amount of inventory for buyers to consider, 5.2 months worth at the current pace.

Of those active listings, 236 have seen a price cut, which is worth keeping in mind if you are weighing how your home might be positioned. For context on the broader area, the Census puts Crossville's median home value around $230,300, with a median household income of about $50,672 and a homeownership rate near 54%. The typical home in the area was built around 1992.

Taken together, these figures describe a market that is holding fairly steady at the moment rather than shifting sharply in either direction.

If you have been thinking about what these numbers might mean for your own property, Joshua Lowery would be glad to talk it through with you.

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This update reflects publicly available market and U.S. Census data as of the date above. It is general information, not a home valuation, appraisal, or legal, tax, or investment advice.