Market Data & Research

Insight you can trust. Data you can use.

Access real estate market statistics and trends for the Upper Cumberland region. This data supports informed decision-making for buyers, sellers, investors, REALTORS®, and appraisers.

 

Market Stats YTD - Upper Cumberland

Year-to-Year Comparison 2026 2025
Total Residential Sales 1169 1119
Median Sold Price $320,000 $314,000
Average Sold Price $357,829 $347,019
Average Days on Market 114 103
Total Dollar Volume $418,444,811 $387,671,393

 

2026 Monthly Market Stats - Upper Cumberland

  Total Res. Sales Median Sold Price Avg. Sold Price Avg. Days on Market Total $ Volume
January 161 $344,950 $387,133 135 $62,490,557
February 198 $322,000 $356,782 109 $70,649,138
March 252 $320,000 $363,164 116 $91,517,338
April 249 $320,000 $354,081 116 $88,166,283
May 308 $305,000 $340,960 100 $105,015,672
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UCAR Market Snapshot – May 2026

Quick Take: The market remains active year-to-date, with sales and total volume still ahead of last year. May showed a slight monthly slowdown compared to 2025, along with softer prices, while longer days on market continue to point toward a more balanced and strategic market environment.

SALES ACTIVITY & DEMAND

May recorded 308 residential sales, slightly down from 312 last year (-1.3%). Even with the small monthly dip, year-to-date sales remain ahead of 2025, reaching 1,169 compared to 1,119 last year (+4.5%). This shows that overall demand is still steady as we move through the spring market.

PRICING TRENDS

Pricing softened in May compared to last year, with the median sold price at $305,000, down from $325,000 (-6.2%). The average sold price also decreased to $340,960, down from $356,761 (-4.4%). Year-to-date, however, prices remain positive, with the median price at $320,000 (+1.9%) and the average price at $357,829 (+3.1%), showing continued long-term stability despite monthly movement.

MARKET CONDITIONS

Homes are taking slightly longer to sell, with average days on market increasing to 100 in May compared to 95 last year. Year-to-date, average days on market sits at 114 compared to 103 in 2025. This continued increase suggests buyers have a little more time to make decisions, and pricing strategy remains an important part of getting homes sold.

TOTAL MARKET VOLUME

May dollar volume reached $105 million, down from $111.3 million last year (-5.7%). Year-to-date volume remains ahead, totaling $418.4 million compared to $387.7 million in 2025 (+7.9%). While May came in slightly lower month-over-month, the year-to-date total still reflects an active and healthy market.

FINANCING TRENDS

Conventional financing continues to lead the market, with 130 conventional loans in May and 475 year-to-date, up 9.7% from last year. Cash purchases were slightly lower for the month but remain even year-to-date. FHA activity increased slightly in May but remains down year-to-date, while VA usage is slightly ahead year-to-date. USDA activity increased for the month but is slightly lower overall for the year, and smaller financing categories continue to show some movement.

REALTOR® TAKEAWAY

The May numbers show a market that is still moving, but with more balance and less urgency than previous peak markets. Year-to-date sales and volume remain ahead of last year, while softer monthly pricing and longer days on market highlight the need for strong guidance. REALTORS® who help clients price strategically, understand financing trends, and set realistic expectations will continue to bring value in this market.