$299,999
23.00 Acres
Land
Listing Office: Realty Group
Housing Prices in Cumberland Gap, TN
How much do homes in Cumberland Gap, TN cost?
Median List Price
$221,995
$141/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$49,545(+28.7%)
Key Takeaway
The list price of homes in Cumberland Gap has increased by 28.7% since last year.
Summary: The median home list price in Cumberland Gap was $221,995 in November 2024, up 28.7% from the previous year, and the median price per square foot was $141.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $134.5K | $212.3K | +57.9% |
| 3 Bedrooms | $189.9K | $249.4K | +31.4% |
| 4 Bedrooms | $219.9K | $276.9K | +25.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Cumberland Gap housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 57.9%, 3 bedroom homes increased by 31.4%, 4 bedroom homes increased by 25.9%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The Cumberland Gap real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cumberland Gap housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 284 Days | 142 Days | -49.7% |
Summary: Homes in Cumberland Gap had an average listing age of 142 days in Nov 2024, down by 49.7% 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.