38506 Home Values & Market Trends
There are 611 homes currently listed for 38506. 38506 real estate market trends show that home prices range from $50,000 to $1,999,950, and the median sales price in the 38506 zip code is $376,714. The total number of properties sold within the past twelve months is 490. In 38506, 18 properties are in foreclosure, 6 are bank owned properties,and 12 are headed for auction.
38506 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Cookeville | $ 359,693 $ 204/sqft |
Housing Market Summary for 38506
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $384.9K | $384.9K | - |
| Median Sold Price | $331.7K | $335.7K | 1.19% |
| Homes For Sale | 437 | 596 | 36.38% |
| Homes Sold | 272 | 140 | -48.53% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 38506
Browse Homes in 38506
The median list price of a home in Cookeville, is $376,714. A total of 611 properties are for sale, and the percentage of properties for sale in the zip code is 611.00%. The total count of 38506 properties is 775.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 38506 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 38506; of that cities, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 38506 ranges from the highest value of $565,308 in cookeville to the lowest value of $135,000 in cookeville. Bank owned homes and properties account for 0.77% of properties in 38506. There is 1 cities within 38506; cookeville containing 8 REO properties, has the highest number of bank owned properties in a single city.
- Auctionscookeville has 18 auction properties, the highest number of properties going to auction in a single city in the state of 38506. Auction homes and other auction properties account for 1.55% of all properties in 38506. There is 1 cities within 38506; of that cities, the median estimated home value for homes going to auction ranges from $604,973 in cookeville to the lowest value of $192,524 in cookeville.
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More Real Estate Resources for 38506
Guide for 38506
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.