Market Intelligence Report — TN-260

Cookeville, TN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TN-05
As of the latest 2026 data
Cooling

Median Listing

$390K
+3.1% YoY

Pending Ratio

0.37
+1.3% YoY

Active Inventory

697
+0.9% YoY

Median DOM

57 Days
-10.9% YoY

Primary Intelligence Tool — Sold Score™

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Cookeville, TN is exhibiting cooling market conditions in May 2026, characterized by a pending ratio of 0.37. While active listings remained relatively stable year-over-year with a modest 0.9% increase, the pace of demand remains subdued.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Cookeville market right now.

The market shows a nuanced trend, with new listings increasing substantially by 32.1% year-over-year, contributing to a more ample supply. Median listing prices have experienced a modest 3.1% year-over-year increase, alongside a 2.6% month-over-month rise. Days on market have decreased by 10.9% year-over-year to 57 days, indicating some absorption, but the low pending ratio suggests this is not enough to offset broader supply dynamics.

Historical Analysis

Market Trends

Median Price

$390K+2.6% MoM

Active Inventory

697+0.9% YoY

Days on Market

57-10.9% YoY

Sold Score™

39+1.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

39
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest that buyers have more time and selection. The pending ratio of 0.37 indicates that demand is not absorbing available inventory at a rapid pace, which can lead to extended marketing periods for sellers and greater opportunities for buyers to negotiate on price and terms. Price discipline is becoming more important for sellers to attract offers.

Luxury Segment

The average listing price increased by 5.8% year-over-year, while the median listing price rose by 3.1%. The median price per square foot saw a slight decline of 1.4% year-over-year. This disparity suggests some softening at higher price points, although there is no distinct signal of broader luxury-segment distress.

Supply Dynamics

697 active listings represent the current floor, with new supply arriving at roughly 280 per month.

Pricing Pressure
20.8%

of active listings carry a price reduction, -6.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.4% year-over-year.

Absorption
0.37

Pending-to-active ratio — Cooling.

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Metro Demographics

Metro Area
Cookeville, TN
CBSA Code
18260
State
TN

ZIPs in Cookeville, TN

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Cookeville?+

    As of the latest 2026 data, the Cookeville metro is classified as Cooling. Pending ratio is 0.37 with median days on market at 57.

  • Are home prices dropping in Cookeville?+

    Median listing price is $390K, +3.1% year over year. 20.8% of active listings carry a price reduction.

  • How fast are homes selling in Cookeville?+

    The typical listing sits 57 days on market, a -10.9% change YoY. New listings are arriving at 280 per month.

  • What's happening in the Cookeville luxury market?+

    The average listing price increased by 5.8% year-over-year, while the median listing price rose by 3.1%. The median price per square foot saw a slight decline of 1.4% year-over-year. This disparity suggests some softening at higher price points, although there is no distinct signal of broader luxury-segment distress.

  • Where can I find a trusted Cookeville real estate expert?+

    Primpted maintains a vetted registry of Cookeville agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 18260 · 36mo history