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COOKEVILLE, TN 38501

Real Estate Market Report  ·  Putnam County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The COOKEVILLE, TN real estate market (38501) currently shows 166 active listings, with 37 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 58 days on market compared to 63 days last year.

The median listing price has fallen 2.5% year-over-year, from $399,900 to $389,950.

Whether you are buying or selling in COOKEVILLE, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 41,930  ·  Density: 185.9/mi²  ·  Median household income: $49,373

Typical home value: $221,273  ·  Homeownership: 50.2%

Market Overview

Active Listings
166
⇧ 4.4% vs 159 last year
Pending
37
22% pending ratio
Median Price
$389,950
⇩ 2.5% vs $399,900 last year
Average Price
$439,561
⇩ 2.1% vs $449,028 last year
Days on Market
58
⇩ 7.9% vs 63 days last year

Price Per Square Foot

Median $/sqft
$202
⇩ 3.8% vs $210/sqft last year
Median Home Size
1,919 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 166 this year vs 159 last year
  • Days on market: 58 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $389,950 (-2.5% YoY)
  • Average: $439,561 (-2.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.7 miles — 533 listings ($239,568,261 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38501Cookeville, TN 385010.0 mi150$68,051,250$399,800$453,675
38545Bloomington Springs, TN 385456.8 mi4$1,643,168$393,475$410,792
38562Gainesboro, TN 3856210.9 mi38$16,268,864$354,248$428,128
38580Rickman, TN 3858014.0 mi15$5,848,005$375,500$389,867
38568Hilham, TN 3856815.0 mi17$5,611,768$264,857$330,104
38552Chestnut Mound, TN 3855215.3 mi3$933,126$299,225$311,042
38574Monterey, TN 3857418.5 mi62$27,827,646$439,450$448,833
38588Whitleyville, TN 3858818.8 mi7$3,420,445$428,682$488,635
38583Sparta, TN 3858320.2 mi181$87,120,911$349,675$481,331
38567Hickman, TN 3856722.0 mi4$2,724,800$499,900$681,200
37030Carthage, TN 3703023.2 mi41$15,267,990$337,500$372,390
38543Alpine, TN 3854323.5 mi3$1,767,000$589,000$589,000
38541Allons, TN 3854123.7 mi8$3,083,288$417,000$385,411

Frequently Asked Questions

How many homes are for sale in COOKEVILLE, TN 38501?

As of March 2026, there are 166 active listings in COOKEVILLE, TN (zip code 38501), compared to 159 the prior year.

What is the median home price in COOKEVILLE, TN 38501?

The median listing price in COOKEVILLE, TN 38501 is $389,950 as of March 2026, a 2.5% decrease from $399,900 the prior year.

How long do homes stay on the market in COOKEVILLE, TN?

Homes in COOKEVILLE, TN 38501 spend an average of 58 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in COOKEVILLE, TN 38501?

Based on current inventory and days-on-market data as of March 2026, COOKEVILLE, TN 38501 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 58 days on market compared to 63 days last year.

How much can I save on real estate commission in COOKEVILLE, TN?

With SELL123.com's maximum 3% commission, sellers in COOKEVILLE, TN 38501 save an estimated $7,799 compared to a typical 5% commission on the median listing price of $389,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.