Market Overview
Home Prices in Cookeville, TN
The median home value in Cookeville, TN is $326,534 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cookeville are priced20% below average. Cookeville is part of the Cookeville, TN metro area.
Over the past five years, Cookeville home values have risen by approximately33.4%, reflecting strong long-term appreciation in this market.
Price History
Cookeville Home Price Trend
City Comparison
Cookeville vs. National Median
At $326,534, homes in Cookeville cost 20% below the national median of $410,000. This makes Cookeville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cookeville?
20% Down Payment
$65,307
on $326,534
Monthly P&I
$1,703/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,163/mo
incl. taxes & insurance
Income Needed
$86,520
gross annual (30% rule)
10% Down Option
$32,653
+ PMI applies
Loan Amount (20% dn)
$261,227
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cookeville, TN?
The median home value in Cookeville is $326,534 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Cookeville?
Over the past year, home values in Cookeville have increased by 2.1%. Over five years, prices have risen approximately 33.4%.
How much do I need to earn to buy a home in Cookeville?
To comfortably afford the median home price of $326,534 with a 20% down payment ($65,307) at today's rates (6.8%), you'd need a gross annual income of approximately $86,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Cookeville compare to the national average home price?
The national median home value is approximately $410,000. At $326,534, homes in Cookeville are 20% below the national average.
What metro area is Cookeville part of?
Cookeville is part of the Cookeville, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.