Crossville, TN—38555
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Crossville, TN
As of Oct '25, the median home price in Crossville, TN is $282,000, with a year-over-year change of -0.1%. This indicates that home prices in Crossville, TN are flat. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $282,000 | -0.1% |
| Single Family | $283,000 | 0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $258,000 | 1.2% |
3 Bed | $303,000 | 0.7% |
4 Bed | $425,000 | 1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Crossville, TN
As of July '25, Rentcast reports the average rent in Crossville, TN is $1,530, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Crossville, TN is studios: $1,350, 1-bedrooms: $960, 2-bedrooms: $1,150, 3-bedrooms: $1,900. The most common rental property sizes in Crossville, TN are 2-bedroom and 1-bedroom, accounting for 43.0% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,530 |
| Studio Rent | $1,350 | $1,350 |
| 1 Bed Rent | $960 | $960 |
| 2 Bed Rent | $1,100 | $1,150 |
| 3 Bed Rent | $1,850 | $1,900 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Crossville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Crossville, TN is 78. This is a increase of 17.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $382,000 | 6.0% |
Listing Count | 138 | -12.0% |
| Listings as % of Homes | 0.9% | -12.0% |
Days on Market | 78 | 17.0% |
Demographics — Crossville, TN
As of the latest ACS Survey released in 2023, Crossville, TN has a population of 21,400, which has increased by 7.9% over the past 5 years. Crossville, TN is a moderately popular place for families, as children make up 19.6% of the population. The area has a poorly educated workforce, with 17.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,400 | 7.9% |
% Under 18 | 19.6% | -13.3% |
% Seniors | 21.9% | -5.6% |
% WFH | 6.2% | 195.2% |
% w/ College Degree | 17.0% | 14.9% |
As of the latest ACS Survey released in 2023, Crossville, TN is a predominantly white area, with 89.6% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Crossville, TN is hispanic, making up 5.8% of the population. Foreign-born residents account for 4.1% of the population in Crossville, TN, and this percentage has increased by 5.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.6% | -1.5% |
% Black | 2.0% | 53.8% |
% Hispanic | 5.8% | -6.5% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 4.1% | 5.1% |
Mortgage and Risk — Crossville, TN
According to HUD data as of 2023, there were 259 mortgage originations in Crossville, TN, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Crossville, TN. Investor activity is low, as 3.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 259 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Crossville, TN
Crossville, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 668 |
Total Units Section 8 | 363 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$230 | $960 | $730 |
| 2 Bedroom | -$200 | $1,100 | $900 |
| 3 Bedroom | -$590 | $1,850 | $1,260 |
| 4 Bedroom | N/A | N/A | $1,500 |
Affordability — Crossville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $282,000 |
| Median Household Income | $55,300 |