Market Intelligence Report — TN-260

Cookeville, TN

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

Ref. No: 2026-TN-07
As of the latest 2026 data
Cooling

Median Listing

$393K
+2.0% YoY

Pending Ratio

0.31
-1.1% YoY

Active Inventory

729
-1.4% YoY

Median DOM

65 Days
+9.2% YoY

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The Cookeville market is exhibiting cooling conditions, evidenced by a pending ratio of 0.31. This indicates that demand absorption is moderate relative to available inventory, despite a slight year-over-year increase in the pending ratio.

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.

Active listings have shown a modest contraction of 1.4% over the past year, while new listings decreased by 4.4% year-over-year. The median listing price increased by 2.0% over the past year, with a slight month-over-month gain of 0.3%. Median days on market extended by 9.2% year-over-year, and the share of listings with price reductions increased by 1.5% year-over-year, reflecting evolving market dynamics.

Historical Analysis

Market Trends

Median Price

$393K+0.3% MoM

Active Inventory

729-1.4% YoY

Days on Market

65+9.2% YoY

Sold Score™

39-1.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

39
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 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

With a pending ratio of 0.31, inventory is taking longer to absorb. The increase in median days on market suggests a moderation in the pace of transactions, contributing to greater emphasis on price discipline. This environment may offer more consideration period for purchasers.

Luxury Segment

The average listing price increased by 4.5% year-over-year, which outpaced the 2.0% year-over-year growth in the median listing price. Median price per square foot saw a slight year-over-year decline of 0.4%. No distinct luxury-segment signal in this dataset.

Supply Dynamics

729 active listings represent the current floor, with new supply arriving at roughly 216 per month.

Pricing Pressure
26.0%

of active listings carry a price reduction, +1.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.4% year-over-year.

Absorption
0.31

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Cookeville, TN? Homes here are taking 5 days longer to sell than last year.

Buyers have leverage in Cookeville, TN. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
31%
Median Days on Market
65 days
Inventory YoY
−1%

In a buyer's market, strategy beats timing. See how your home scores in Cookeville, TN and what moves the number.

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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