Housing Prices in Cumberland Gap, TN
How much do homes in Cumberland Gap, TN cost?
Median List Price
$235,000
$157/sqft
Based on all homes listed in the last 12 months.
Difference Since April 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 $235,000 in April 2024, the same as the previous year, and the median price per square foot was $157.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $80K | $184.3K | +130.4% |
| 3 Bedrooms | $269.9K | $284.9K | +5.5% |
| 4 Bedrooms | $219.9K | $419K | +90.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Cumberland Gap housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 130.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 90.5%, 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
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Cumberland Gap real estate market had 11 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cumberland Gap housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 16.7%, 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 235 Days | 112 Days | -52.1% |
Summary: Homes in Cumberland Gap had an average listing age of 112 days in Apr 2024, down by 52.1% 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.