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Cookeville, TN 38501 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Cookeville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 8787PendingPending sales: 55
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): $314k$314kSoldMedian sold price (last 6 months): $317k$317k
What homes actually sell for in Cookeville, TN
Distribution of 298 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $232k to $414k
$85k to $164k: 25 sales$85k$164k to $242k: 48 sales$242k to $321k: 72 sales72sales$242k$321k to $400k: 55 sales$400k to $479k: 38 sales$400k$479k to $558k: 10 sales$558k to $636k: 10 sales$558k$636k to $715k: 12 salesMedian $317k

What the numbers say

As of September 14, 2026, Resideline is tracking 87 active listings and 5 pending sales in ZIP code 38501. That pending-to-active ratio of 0.06 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $314,000, while the median of the 298 closed sales Resideline tracked over the last six months was $317,000. 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 67 days.

Frequently asked questions

What is the median home price in 38501?

The median closed sale price in Cookeville, TN 38501 was $317,000 over the last six months, based on 298 closed sales tracked by Resideline. The middle half of those sales ranged from $232,000 to $414,000.

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

Resideline is currently tracking 5 pending sales against 87 active listings in 38501, a pending-to-active ratio of 0.06. 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

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