The story of this market
The typical home in ZIP 38506 sells for about $357,250, or $200 per square foot.
Prices are up +1.3% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,007 a month.
ZIP 38506 — Cookeville
The housing market in 38506 is characterized by moderate growth with a median home value of approximately $357,250. Market activity remains steady with a median of 48 days on market, reflecting a warm but not overly competitive environment.
This area is suitable for family buyers and those seeking a lower cost of living, given the relatively low population density and housing costs compared to national averages.
Median prices moved up 1.3% year over year.
Homes spend a median of 48 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 13.8% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 38506, Tennessee
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Property taxes in this ZIP are assessed at an effective rate of approximately 0.4%, consistent with the Tennessee state average.
The rental market in this area shows a median asking rent of $1,400 per month with a renter share of approximately 25%.
The local economy is centered around Cookeville, serving as a regional hub for the Upper Cumberland area.
Data sourced from City-Data and Zillow estimates.
- Thrive Family Fun Center3.96.2 mi
- 123 Bounce Party4.96.2 mi
- Golden Corral Buffet & Grill4.36.6 mi
- Tucker Stadium4.35.1 mi
- DelMonaco Winery & Vineyards4.611.3 mi
- Putnam County A&I Fair4.46.2 mi
- Spankies4.35 mi
- Cummins Falls State Park4.78.8 mi
- Cane Creek Park4.77.1 mi
- AMC Highland 124.26.7 mi
- Dogwood Park4.85.3 mi
- City Lake Natural Area4.64.8 mi
- Cookeville Depot Museum4.75.6 mi
- Cookeville History Museum4.85.4 mi
- Monterey Depot Museum4.79 mi
- Cummins Falls State Park4.78.8 mi
- Cane Creek Park4.77.1 mi
- Dogwood Park4.85.3 mi
- Bee Rock Overlook4.98.7 mi
- City Lake Natural Area4.64.8 mi
- Cookeville Boat Dock4.618.9 mi
- White Plains Golf Course3.91.5 mi
- Tennessee Tech Golden Eagle Golf Club4.33.3 mi
- Belle Acres Golf Course3.84.5 mi
- Publix Super Market at The Shoppes at Eagle Point4.66.5 mi
- T.J. Maxx4.36.4 mi
- Kohl's4.26.6 mi
- Ross Dress for Less4.26.4 mi
- Gabe's4.45.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.