Crossville, TN38571

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$297,000
0.8% YoY Growth
Median Household Income
$57,600
30.7% 5-Year Growth
Days on Market
83
9.0% Longer than last year
Home Price Forecast
3.3%
Median Rent
$1,200
44.2% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,200
44.2% YoY Growth
3-Bed Rent
N/A
N/A

Other Zip Codes in Crossville, TN

Property Listings — Crossville, TN

As of Oct '25, Realtor.com reports that the median days on market for a home in Crossville, TN is 83. This is a increase of 9.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$404,00015.0%
Listing Count
11358.0%
Listings as % of Homes0.8%58.0%
Days on Market
839.0%
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Demographics — Crossville, TN

As of the latest ACS Survey released in 2023, Crossville, TN has a population of 14,600, which has increased by 4.8% over the past 5 years. Crossville, TN is a moderately popular place for families, as children make up 18.8% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
14,6004.8%
% Under 18
18.8%-7.8%
% Seniors
27.3%22.4%
% WFH
6.0%100.0%
% w/ College Degree
15.6%19.1%
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As of the latest ACS Survey released in 2023, Crossville, TN is a predominantly white area, with 95.9% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Crossville, TN is hispanic, making up 1.2% of the population. Foreign-born residents account for 1.4% of the population in Crossville, TN, and this percentage has increased by 7.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.9%-1.4%
% Black
0.5%∞%
% Hispanic
1.2%-29.4%
% Asian
0.3%-25.0%
% Foreign Born
1.4%7.7%
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Mortgage and Risk — Crossville, TN

According to HUD data as of 2023, there were 258 mortgage originations in Crossville, TN, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 25.0% 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. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
258
% Conventional Loans
68.0%
% Government Loans
32.0%
% Investor Loans
3.0%
% Second Loans
5.0%
% Cash Out Refinance
16.0%

Loan Activity

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Rentals and Section 8 — Crossville, TN

Crossville, TN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
54
Total Units Section 8
34
% Rentals under Section 8
N/A
% Occupied Section 8
73.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$730
2 Bedroom-$300$1,200$900
3 BedroomN/AN/A$1,260
4 BedroomN/AN/A$1,500

Affordability — Crossville, TN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.5
Median Home Price$297,000
Median Household Income$57,600

Crossville, TN — ZIP Code Boundary Map

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Frequently Asked Questions