Cookeville, TN Home Values & Market Trends

Real estate market trends reflect that there have been 1,078 transactions over the past year in Cookeville. The median value for residential home transactions that occurred over the previous year is $282,560.29. The number of current listings in Cookeville is 247, and the percentage of properties for sale in the city is 247.00%. Cookeville, TN currently has 12 properties in foreclosure, 0 bank owned properties, 12 properties headed for auction, and 247 properties for sale.

Cookeville, TN Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
38506

$ 344,900

$ 171/sqft

38505

$ --

$ --

38501

$ 291,749

$ 160/sqft

Housing Market Summary for Cookeville, TN

Apr 2023March 2024Change
Median Listing Price$349.9K$287.4K-17.87%
Median Sold Price$285.5K$287.4K0.66%
Homes For Sale2192284.11%
Homes Sold601466-22.46%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Cookeville, TN

Cookeville home values range from $24,943 to $4,482,657. The median estimated value of a home in Cookeville is $282,560.29. The median list price of a home is 359,900, and the total count of properties in the city is 23,633.

Foreclosure
There are 3 zips within Cookeville, TN; within these zips, the median estimated home value for homes in foreclosure ranges from $2,134,194 in 38501 to the lowest value of $138,150 in 38501. Foreclosure homes account for 0.00% of properties in Cookeville, TN with 38506 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Cookeville, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Cookeville, TN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cookeville, TN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Cookeville, TN. There are 3 zips within Cookeville, TN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    38506 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Cookeville, TN. Auction homes and other auction properties account for 0.05% of all properties in Cookeville, TN. There are 3 zips within Cookeville, TN; of those zips, the median estimated home value for homes going to auction ranges from $2,134,194 in 38506 to the lowest value of $138,150 in 38506.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.05% of residential properties in Cookeville, TN with 38506 containing 127 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Cookeville, TN; homes for sale in those zips, have a range of median values from $1,700,000 in 38506 to the lowest value of $47,675 in 38501.
    Sold Homes
    The median value for recently sold homes ranges from $1,408,322 in 38506 to the lowest price of $30,404 in 38506. There are 3 zips within Cookeville, TN. 38506 has 293 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.37% of properties in Cookeville, TN.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Cookeville, TN
      $
      $

      Guide for Cookeville, TN

      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      See More Articles
      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Tennessee Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Tennessee Foreclosure Laws

      Recently Listed Homes Cookeville, TN

      No data to show