Crossville, TN—38558
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 $374,000, with a year-over-year change of -1.6%. This indicates that home prices in Crossville, TN are decreasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $374,000 | -1.6% |
| Single Family | $386,000 | -2.0% |
| Condos | $215,000 | 1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $268,000 | -2.5% |
3 Bed | $419,000 | -1.6% |
4 Bed | $612,000 | -2.7% |
| 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 $1,600, with a year-over-year rent change of -8.6%. Per bedroom, the median rent as of July '25 in Crossville, TN is 2-bedrooms: $1,470, 3-bedrooms: $2,150. The most common rental property sizes in Crossville, TN are 3-bedroom and 2-bedroom, accounting for 69.4% and 16.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,450 | $1,470 |
| 3 Bed Rent | $2,000 | $2,150 |
| 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 95. This is a increase of 11.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | 3.0% |
Listing Count | 270 | 58.0% |
| Listings as % of Homes | 1.6% | 58.0% |
Days on Market | 95 | 11.0% |
Demographics — Crossville, TN
As of the latest ACS Survey released in 2023, Crossville, TN has a population of 9,270, which has increased by 6.7% over the past 5 years. Crossville, TN is a less popular place for families, as children make up 3.4% of the population. The area has a moderately educated workforce, with 32.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,270 | 6.7% |
% Under 18 | 3.4% | -48.5% |
% Seniors | 67.8% | 8.8% |
% WFH | 22.3% | 129.9% |
% w/ College Degree | 32.6% | -15.3% |
As of the latest ACS Survey released in 2023, Crossville, TN is a predominantly white area, with 93.8% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Crossville, TN is hispanic, making up 2.8% of the population. Foreign-born residents account for 2.2% of the population in Crossville, TN, and this percentage has increased by 46.7% 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 | 93.8% | -2.0% |
% Black | 0.5% | 400.0% |
% Hispanic | 2.8% | 180.0% |
% Asian | 1.1% | 1,000.0% |
% Foreign Born | 2.2% | 46.7% |
Mortgage and Risk — Crossville, TN
According to HUD data as of 2023, there were 305 mortgage originations in Crossville, TN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Crossville, TN. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 305 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 12.0% |
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 | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,090 |
| 2 Bedroom | -$120 | $1,450 | $1,330 |
| 3 Bedroom | -$140 | $2,000 | $1,860 |
| 4 Bedroom | N/A | N/A | $2,210 |
Affordability — Crossville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $374,000 |
| Median Household Income | $75,000 |