Is Cumberland Furnace, TN 37051 a buyer’s or seller’s market?

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

Cumberland Furnace is a buyer’s market. With about 7.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.2Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market66Listing to accepted offer
Median price per sq ft$241▼ −9.1% vs. last year

The Cumberland Furnace housing market right now

In the three months ending August 31, 2026, 33% of homes in Cumberland Furnace, TN 37051 sold above their list price, the typical home went under contract in 66 days and there were 7.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold more slowly (40 days then) and the median sale price rose 43% to $587,246. Overall, Cumberland Furnace is more competitive than a year ago, so tougher for buyers.

Within Dickson County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Vanleer 37181 (0% sold over asking) or Charlotte 37036 (4% sold over asking).

Nearby markets

Burns 37029Balanced $239 /sq ftCharlotte 37036Balanced $248 /sq ftDickson 37055Balanced $237 /sq ftSlayden 37165 — /sq ft Browse all markets →

Towns like Cumberland Furnace nearby

Find towns like Cumberland Furnace in other states →

Where Cumberland Furnace is

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Questions about Cumberland Furnace real estate

Is Cumberland Furnace a buyer’s or seller’s market?

A buyer’s market: there were 7.2 months of supply in Cumberland Furnace, TN 37051 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Cumberland Furnace?

The typical home went under contract in 66 days in the latest three months.

Do homes in Cumberland Furnace sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.

What are property taxes in Cumberland Furnace?

About 0.47% of a home’s value a year in Dickson County, or roughly $1,880 on a $400,000 home.

What is the median home price in Cumberland Furnace?

The median sale price was $587,246 in the three months ending August 31, 2026, about $241 per square foot.

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