๐ŸšจUrgent: Shutdown Affects TN Housing Market

Federal operations have paused, and Tennessee homebuyers could feel the impact. Read about your local market update, how this shutdown may affect you, and find out what your design style is!

In this newsletter, youโ€™ll find:

  • Your Local Market Update ๐Ÿ“Š

  • ๐ŸšจGovโ€™t Shutdown Affecting Housing Market??? ๐Ÿ˜จ

  • 6+ acres for UNDER $125K!

  • Whatโ€™s your design style?

  • Beautiful home just DROPPED $50K ๐Ÿ’ธ

  • Local Trick or Treating events ๐ŸŽƒ

Letโ€™s dive in! ๐Ÿ‘‡

โ€œA decent home is not just a roof over someoneโ€™s headโ€”it is the foundation for a better life.โ€

โ€” Jimmy Carter

PUTNAM COUNTY

Active Listings: 412๐Ÿ“ˆ
New Listings Last Month: 136๐Ÿ“ˆ
Median Days On Market: 59๐Ÿ“‰
Median Listing Price: $399,900
Median Price per SQFT: $207๐Ÿ“ˆ

Slight Sellerโ€™s Advantage

WHITE COUNTY

Active Listings: 215๐Ÿ“‰
New Listings Last Month: 64๐Ÿ“‰
Median Days On Market: 57๐Ÿ“‰
Median Listing Price: $352,100 ๐Ÿ“ˆMedian Price per SQFT: $222๐Ÿ“ˆ

Sellerโ€™s Advantage

OVERTON COUNTY

Active Listings: 107๐Ÿ“‰
New Listings Last Month: 16
Median Days On Market: 83๐Ÿ“ˆ
Median Listing Price: $365,000๐Ÿ“ˆ
Median Price per SQFT: $219๐Ÿ“ˆ

Buyerโ€™s Advantage

CUMBERLAND COUNTY

Active Listings: 517๐Ÿ“ˆ
New Listings Last Month: 104๐Ÿ“‰
Median Days On Market: 75
Median Listing Price: $399,700๐Ÿ“ˆ
Median Price per SQFT: $216๐Ÿ“ˆ

Slight Buyerโ€™s Advantage

SMITH COUNTY

Active Listings: 111๐Ÿ“ˆ
New Listings Last Month: 20๐Ÿ“‰
Median Days On Market: 74๐Ÿ“‰
Median Listing Price: $402,600 ๐Ÿ“‰
Median Price per SQFT: $237๐Ÿ“‰

Buyerโ€™s Advantage

KNOX COUNTY

Active Listings: 2,069๐Ÿ“‰
New Listings Last Month: 876๐Ÿ“‰
Median Days On Market: 57๐Ÿ“ˆ
Median Listing Price: $415,000๐Ÿ“‰Median Price per SQFT: $226๐Ÿ“‰

Buyerโ€™s Advantage

BLOUNT COUNTY

Active Listings: 740๐Ÿ“ˆ
New Listings Last Month: 284๐Ÿ“‰
Median Days On Market: 59๐Ÿ“ˆ
Median Listing Price: $478,900 ๐Ÿ“‰
Median Price per SQFT: $244

Balanced Market

LOUDON COUNTY

Active Listings: 651๐Ÿ“ˆ
New Listings Last Month: 216๐Ÿ“‰
Median Days On Market: 66๐Ÿ“ˆ
Median Listing Price: $644,900๐Ÿ“‰
Median Price per SQFT: $268๐Ÿ“‰

Buyerโ€™s Advantage

Meet Corey, our passionate and knowledgeable in-house mortgage officer. Heโ€™s here for all of your mortgage questions!

What Tennessee Homebuyers Should Know About the Government Shutdown and the Housing Market

The federal government has officially halted most operations for the first time in nearly seven years, and while the news is making headlines nationwide, many Tennesseans are wondering what this means for the housing market in Tennessee. From Cookeville and Crossville to Knoxville and the broader Upper Cumberland, the ripple effects could influence mortgage rates, home sales, and even insurance availability for certain properties.

How the Shutdown Affects Mortgage Rates

Mortgage rates in Tennessee are closely tied to the performance of long-term bond markets, particularly the 10-year Treasury yield. During the shutdown, uncertainty in the financial markets has caused Treasury yields toโ€ฆ

Are you in search of a property in Middle or East Tennessee with over 5 acres of land or a budget of under $400k? Look no further! We have meticulously curated lists that are updated daily, making the process of finding your dream home even easier.

UNRESTRICTED LAND

HOMES WITH OVER 5 ACRES

HOMES UNDER $400k

HOMES UNDER $650K

Whether your design style is classic or contemporary, looks to the future or is a blast from the past โ€” thereโ€™s a cocktail for that! Take this short quiz to learn which style suits you best.

Meet Corey, our passionate and knowledgeable in-house mortgage officer. Heโ€™s here for all of your mortgage questions!

Here are properties that have recently dropped in price in Tennessee. We update this list DAILY to keep you informed.

Upcoming Upper Cumberland Events!

  • 4th Annual Cookeville Food Truck Festival & Fall Market - Saturday, Oct 11th, 10 AM - 5 PM

  • Circus Classic Under the Big Top - Saturday, Oct 11th, 10 AM - 5 PM

  • Cookeville's Largest Yard Sale - Saturday, Oct 18th, 10 AM - 4 PM

  • Trunk or Treat with Planes - Saturday, Oct 25th, 3:30 PM - 7 PM, Upper Cumberland Regional Airport

Upcoming East Tennessee Events!

  • Maker Market & Fall Porch Sale - Saturday, October 11th, 10 AM - 3 PM

  • Boo-zy Book Fair - Saturday, October 11th, 12 PM- 7 PM

  • Trick or Treat Trails - Oct. 30th - Oct. 31th, Ancient Lore Village