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Featured local agent — Cookeville, TN
Sarah Mitchell
Compass Real Estate · Cookeville, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cookeville, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$342,030median sale price
How is the Cookeville, TN housing market right now?
The median home sale price in Cookeville, TN is $342,030, up 5.2% year-over-year. Homes sell in an average of 67 days with 192 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cookeville a buyer's or seller's market?
Cookeville, TN is currently a buyer's market, based on 5.1 months of supply and homes selling in about 67 days. How we determine this →
Homes sold
38
Last 12 weeks
Days on market
67
Average pace
Active listings
192
5.1 months supply
Sale-to-list
97.5%
Below asking
What does the Cookeville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $342,030 |
| Median list price | $355,990 |
| Year-over-year price change | +5.2% |
| Average days on market | 67 days |
| Active inventory | 192 listings |
| Months of supply | 5.1 months |
| Sale-to-list price ratio | 97.5% |
| Median price per sq ft | $192/sq ft |
| Homes sold (latest month) | 38 |
| New listings (latest month) | 59 |
| Listings with a price cut | 27.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Cookeville by property type?
How the Cookeville, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $342,030 | $192/sq ft | 38 | 67 days |
| Condo / Co-op | $394,500 | $177/sq ft | 1 | 145 days |
| Townhouse | $395,000 | $242/sq ft | 1 | 230 days |
Source: Redfin · Updated monthly
The Cookeville housing market is currently classified as a buyer's market with a median sale price of $342,030. Prices have risen 5.2% compared to last year, with homes spending an average of 67 days on market, indicating 5.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 6.7x provides context for how home values compare to local earning capacity.
Homes for sale in Cookeville
There are currently 192 homes listed for sale in Cookeville, Tennessee. The median listing price is $356K.
Active listings
192
Homes on market
Median list price
$356K
Avg. days on market
67
Days until sale
New this week
59
Newly listed
Who lives in Cookeville?
Population
35,544
Median income
$48,501/yr
Median age
29.6 years
Owner-occupied
41.2%
College grads
35.4%
Avg commute
19.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Cookeville?
Zillow home value
$326,534
Zillow rent index
$1,564/mo
Price-to-rent ratio
17.4x
Price-to-income
6.7x
Source: Zillow Research
What is it like to live in Cookeville?
Cookeville is a community of approximately 36K residents with a median age of 29.6 years.The median household income is $48,501, which represents a working-class community with solid middle-income opportunities. 35.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 41.2%, showing a blend of owner and renter-occupied properties. The average commute time is 19.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cookeville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Cookeville?
15 schools tracked · 7,876 students
The largest public schools serving Cookeville, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Cookeville High School
Grades 9-12 · 2,202 students
Prescott South Middle School
Grades 5-8 · 766 students
Avery Trace Middle School
Grades 5-8 · 745 students
Algood Middle School
Grades 5-8 · 730 students
Prescott South Elementary
Grades PK-4 · 545 students
Capshaw Elementary
Grades PK-4 · 522 students
Northeast Elementary
Grades PK-4 · 453 students
Cane Creek Elementary
Grades PK-4 · 432 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Cookeville, TN?
Want a head-to-head view? Compare Cookeville side-by-side with any other U.S. city using our market-comparison tool.
Is Cookeville a good real estate investment market?
For investors evaluating Cookeville, the price-to-rent ratio of 17.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 5.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Cookeville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Cookeville's median home price.
Frequently asked questions
What is the average home price in Cookeville?
The median home sale price in Cookeville is $342,030, up 5.2% from last year.
How long do homes stay on market in Cookeville?
Homes typically spend 67 days on market before going under contract.
What is the median income in Cookeville?
The median household income is $48,501 per year.
Is Cookeville a buyer's or seller's market?
With 5.1 months of supply, Cookeville is currently a buyer's market.
What is the Zillow home value estimate for Cookeville?
The Zillow Home Value Index (ZHVI) for Cookeville is $326,534, representing the typical home value in the area.
What is the median condo price in Cookeville?
The median condo/co-op sale price in Cookeville, TN is $394,500, compared to $342,030 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Cookeville?
The median single-family home price in Cookeville, TN is $342,030 (about $192 per square foot).
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