The story of this market
The typical home in ZIP 38501 sells for about $306,000, or $200 per square foot.
Prices are roughly flat from a year ago (-0.19%), a market in balance. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $883 a month.
ZIP 38501 — Cookeville
The Cookeville housing market is currently experiencing a period of cooling, characterized by slower price growth and elevated vacancy rates. While the median sale price remains accessible, the market is not highly competitive, reflecting a shift toward more balanced conditions for buyers.
This ZIP is suitable for families and investors seeking accessible entry-level home prices, though buyers should account for potential management intensity and market volatility.
Median prices moved down 0.2% 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 4.1% · poverty 21.4% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 38501, Putnam County TN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Cookeville serves as a regional hub for the Upper Cumberland, with major employment sectors including manufacturing, healthcare, and education centered around Tennessee Tech University.
Property taxes are assessed at the county level by the Putnam County Assessor of Property; rates are determined by the local legislative body and vary by city and special district.
The area is primarily car-dependent, with I-40 serving as the primary corridor for regional transit and commuting toward Nashville.
The area features access to numerous parks, including Cane Creek Park, and proximity to regional lakes and outdoor recreation areas in the Upper Cumberland.
The rental market shows signs of softening with an 8.6% vacancy rate, suggesting potential pressure on landlords and investors.
The local economy is anchored by manufacturing, healthcare, and the presence of Tennessee Tech University, which drives regional economic momentum.
Transportation is heavily reliant on personal vehicles, with I-40 providing the main artery for regional connectivity.
Development activity is focused on residential expansion and infrastructure improvements to support the growing population of the Cookeville micropolitan area.
The Putnam County Assessor of Property manages the assessment of real property for tax purposes, following state-mandated appraisal cycles.
Parcels in this ZIP are subject to Putnam County property taxes and may fall within the Cookeville City or Putnam County school district jurisdictions.
Data sourced from US Census Bureau and ACS via United States Zip Codes and Repit.
- Thrive Family Fun Center3.97.8 mi
- 123 Bounce Party4.96.1 mi
- Golden Corral Buffet & Grill4.37.6 mi
- Tucker Stadium4.35 mi
- DelMonaco Winery & Vineyards4.67 mi
- Putnam County A&I Fair4.47.3 mi
- Spankies4.35.4 mi
- Cummins Falls State Park4.71.2 mi
- Cane Creek Park4.75.8 mi
- AMC Highland 124.28.1 mi
- Dogwood Park4.86 mi
- City Lake Natural Area4.69.6 mi
- Cookeville Depot Museum4.75.9 mi
- Cookeville History Museum4.86 mi
- Monterey Depot Museum4.716.6 mi
- Cummins Falls State Park4.71.2 mi
- Cane Creek Park4.75.8 mi
- Dogwood Park4.86 mi
- City Lake Natural Area4.69.6 mi
- Roaring River Falls trailhead4.69.3 mi
- Hurricane Marina4.818.8 mi
- Cookeville Boat Dock4.618 mi
- Horse Creek Marina and Resort4.619 mi
- Edgar Evins Marina4.619.5 mi
- White Plains Golf Course3.97.6 mi
- Tennessee Tech Golden Eagle Golf Club4.35.7 mi
- Belle Acres Golf Course3.86.4 mi
- Publix Super Market at The Shoppes at Eagle Point4.67.4 mi
- T.J. Maxx4.36.2 mi
- Kohl's4.26.4 mi
- Ross Dress for Less4.27.4 mi
- Gabe's4.46.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major municipal park featuring a lake, walking trails, and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.