Cumberland View / Demory median real estate price is $120,892, which is more expensive than 41.9% of the neighborhoods in Tennessee and 26.6% of the neighborhoods in the U.S.
The average rental price in Cumberland View / Demory is currently $810, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 57.0% of Tennessee neighborhoods.
Cumberland View / Demory is a rural neighborhood (based on population density) located in Jacksboro, Tennessee.
Cumberland View / Demory real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Cumberland View / Demory neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Cumberland View / Demory. The current real estate vacancy rate here is 22.7%. This is higher than the rate of vacancies in 88.7% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.