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COOKEVILLE, TN 38506

Real Estate Market Report  ·  Putnam County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
171
⇧ 6.9% vs 160 last year
Pending
36
21% pending ratio
Median Price
$415,000
⇧ 10.7% vs $374,950 last year
Average Price
$494,578
⇧ 12.9% vs $438,241 last year
Days on Market
77
⇧ 20.3% vs 64 days last year

Market Context

Population: 29,243  ·  Density: 68.7/mi²  ·  Median household income: $60,588

Typical home value: $224,654  ·  Homeownership: 71.5%

Market Analysis

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

The COOKEVILLE, TN real estate market (38506) currently shows 171 active listings, with 36 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 77 days on market compared to 64 days last year.

The median listing price has risen 10.7% year-over-year, from $374,950 to $415,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 171 this year vs 160 last year
  • Days on market: 77 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $415,000 (+10.7% YoY)
  • Average: $494,578 (+12.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.7 miles — 331 listings ($161,311,819 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38506Cookeville, TN 385060.0 mi171$84,572,838$415,000$494,578
38580Rickman, TN 3858010.5 mi16$6,236,864$365,000$389,804
38545Bloomington Springs, TN 3854512.6 mi4$2,423,900$487,450$605,975
38570Livingston, TN 3857015.0 mi45$16,537,050$300,000$367,490
38554Crawford, TN 3855416.4 mi7$3,403,582$360,000$486,226
38568Hilham, TN 3856817.5 mi20$6,545,960$268,465$327,298
38582Silver Point, TN 3858218.4 mi9$11,090,313$569,900$1,232,257
38543Alpine, TN 3854320.6 mi8$2,507,040$249,900$313,380
38589Wilder, TN 3858921.6 mi1$179,900$179,900$179,900
38587Walling, TN 3858723.9 mi14$7,123,060$398,700$508,790
38588Whitleyville, TN 3858824.3 mi8$3,818,840$357,450$477,355
38573Monroe, TN 3857324.5 mi16$12,235,888$448,400$764,743
38565Grimsley, TN 3856524.7 mi12$4,636,584$369,900$386,382

Frequently Asked Questions

How many homes are for sale in COOKEVILLE, TN 38506?

As of January 2026, there are 171 active listings in COOKEVILLE, TN (zip code 38506), compared to 160 the prior year.

What is the median home price in COOKEVILLE, TN 38506?

The median listing price in COOKEVILLE, TN 38506 is $415,000 as of January 2026, a 10.7% increase from $374,950 the prior year.

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

Homes in COOKEVILLE, TN 38506 spend an average of 77 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in COOKEVILLE, TN 38506?

Based on current inventory and days-on-market data as of January 2026, COOKEVILLE, TN 38506 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 77 days on market compared to 64 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 38506 save an estimated $8,300 compared to a typical 5% commission on the median listing price of $415,000. 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.