MyMarketPulse (mymarketpulse.com) just released its analysis of the July 2024 market data for Cumberland County, Tennessee.
July 2024’s data reveals a Median Sale Price of $377,450 for homes in Cumberland County. This figure represents a growth of 3.4% month-over-month and a 10.2% year-over-year increase.
The area witnessed the sale of 87 homes during this period, which is a 2.4% increase from the preceding month and an increase of 6.1% compared to the same timeframe last year.
Homes remained on the market for a median of 70 days, which is down 3 days from the month before and up 6 days from the previous year.
With the Market Pulse Score sitting at 117, the trend in Cumberland County’s housing market seems to be rising.
For more information about the Cumberland County, Tennessee market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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