Cookeville, TN
Housing market overview · Updated weekly
$357,000median sale price
Homes sold
26
Last 12 weeks
Days on market
78
Average pace
Active listings
144
5.5 months supply
Sale-to-list
96.6%
Below asking
The Cookeville housing market is currently classified as a buyer's market with a median sale price of $357,000. Prices have risen 3.5% compared to last year, with homes spending an average of 78 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Cookeville?
The median home sale price in Cookeville is $357,000, up 3.5% from last year.
How long do homes stay on market in Cookeville?
Homes typically spend 78 days on market before going under contract.
Is Cookeville a buyer's or seller's market?
With 5.5 months of supply, Cookeville is currently a buyer's market.
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