Call or Text (240) SELL-123

CUMBERLAND GAP, TN 37724

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CUMBERLAND GAP, TN real estate market (37724) currently shows 6 active listings, with 2 pending sales. Homes are averaging 134 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 134 days on market compared to 55 days last year.

The median listing price has risen 16% year-over-year, from $299,000 to $346,750.

Whether you are buying or selling in CUMBERLAND GAP, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for CUMBERLAND GAP, TN 37724 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 2,673  ·  Density: 47.9/mi²  ·  Median household income: $31,676

Typical home value: $144,350  ·  Homeownership: 49.4%

Market Overview

Active Listings
6
⇧ 20% vs 5 last year
Pending
2
33% pending ratio
Median Price
$346,750
⇧ 16% vs $299,000 last year
Average Price
$341,100
⇧ 16.7% vs $292,400 last year
Days on Market
134
⇧ 143.6% vs 55 days last year

Price Per Square Foot

Median $/sqft
$145
⇩ 6.5% vs $155/sqft last year
Median Home Size
2,492 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 5 last year
  • Days on market: 134 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $346,750 (+16% YoY)
  • Average: $341,100 (+16.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.9 miles — 227 listings ($128,255,162 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37724Cumberland Gap, TN 377240.0 mi6$2,124,000$349,500$354,000
37752Harrogate, TN 377527.9 mi36$15,042,528$359,000$417,848
37870Speedwell, TN 378709.7 mi14$4,973,920$316,902$355,280
37879Tazewell, TN 3787912.2 mi41$28,920,949$292,425$705,389
40813Calvin, KY 4081312.9 mi1$165,000$165,000$165,000
37866Sharps Chapel, TN 3786616.1 mi24$18,491,784$714,900$770,491
40921Bryants Store, KY 4092120.1 mi1$169,000$169,000$169,000
37807Maynardville, TN 3780721.1 mi32$20,006,912$382,450$625,216
24281Rose Hill, VA 2428121.5 mi14$2,705,794$187,000$193,271
40819Coldiron, KY 4081922.4 mi1$325,000$325,000$325,000
37779Luttrell, TN 3777923.3 mi10$3,840,830$412,400$384,083
37762Jellico, TN 3776224.0 mi11$4,966,841$342,000$451,531
37869Sneedville, TN 3786924.9 mi36$26,522,604$299,225$736,739

Frequently Asked Questions

How many homes are for sale in CUMBERLAND GAP, TN 37724?

As of March 2026, there are 6 active listings in CUMBERLAND GAP, TN (zip code 37724), compared to 5 the prior year.

What is the median home price in CUMBERLAND GAP, TN 37724?

The median listing price in CUMBERLAND GAP, TN 37724 is $346,750 as of March 2026, a 16% increase from $299,000 the prior year.

How long do homes stay on the market in CUMBERLAND GAP, TN?

Homes in CUMBERLAND GAP, TN 37724 spend an average of 134 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in CUMBERLAND GAP, TN 37724?

Based on current inventory and days-on-market data as of March 2026, CUMBERLAND GAP, TN 37724 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 134 days on market compared to 55 days last year.

How much can I save on real estate commission in CUMBERLAND GAP, TN?

With SELL123.com's maximum 3% commission, sellers in CUMBERLAND GAP, TN 37724 save an estimated $6,935 compared to a typical 5% commission on the median listing price of $346,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.