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Cookeville, TN 38501 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Cookeville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.02
ActiveActive listings: 9696PendingPending sales: 22
Cookeville, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $349k$349kSoldMedian sold price (last 6 months): $310k$310k
What homes actually sell for in Cookeville, TN
Distribution of 307 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $228k to $405k
$98k to $169k: 27 sales$98k$169k to $240k: 47 sales$240k to $311k: 65 sales65sales$240k$311k to $381k: 60 sales$381k to $452k: 39 sales$381k$452k to $523k: 15 sales$523k to $594k: 9 sales$523k$594k to $665k: 14 salesMedian $310k

What the numbers say

As of October 5, 2026, Resideline is tracking 96 active listings and 2 pending sales in ZIP code 38501. That pending-to-active ratio of 0.02 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $349,450, while the median of the 307 closed sales Resideline tracked over the last six months was $310,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 38501 for 73 days.

Frequently asked questions

What is the median home price in 38501?

The median closed sale price in Cookeville, TN 38501 was $310,000 over the last six months, based on 307 closed sales tracked by Resideline. The middle half of those sales ranged from $228,000 to $405,000.

Is 38501 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 96 active listings in 38501, a pending-to-active ratio of 0.02. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 38501 currently looks like a balanced market.

Nearby ZIP code market data

Full Cookeville, TN housing market report →

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