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Is Cumberland Gap, TN 37724 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Cumberland Gap is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.6%Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$113▼ −36.8% vs. last year

Run the numbers for 37724

Prefilled for 37724Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37724Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Clairfield 37715Buyer’s market $120 /sq ftHarrogate 37752Buyer’s market $198 /sq ftNew Tazewell 37825Balanced $148 /sq ftPruden 37851 — /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology