MyMarketPulse (mymarketpulse.com) has unveiled its analysis for August 2024, focusing on the property market trends in Cumberland County, Tennessee.
The report shows that the Median Sale Price in Cumberland County reached $321,000 as of August 2024, marking a decrease of 15.0% over the previous month and a 4.2% drop compared to a year ago.
During this period, 86 homes were sold in the area, reflecting a decrease 1.1% compared to the month beforeand and an increase of 1.2% from the same month in the previous year.
Additionally, the Median Days on Market for listings was observed at 75 days, 5 days longer compared to the previous month and longer by 13 days from last year.
The Market Pulse Score for Cumberland County comes in at 117, pointing to a rising trend within the local real estate market.
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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