Zip 38501 (Cookeville, TN) Housing

Cookeville, TN (38501) has seen a solid appreciation in the median value of housing over the past year. The median value stands at $254,300, which is significantly lower than the US house median value of $338,100. However, Cookeville's 1 year house appreciation rate of 19.24% is well above the US average of 8.27%. This indicates that housing in Cookeville is becoming increasingly valuable as demand rises and buyers look to take advantage of the area's attractive prices and amenities.

The median home cost in Cookeville (zip 38501) is $254,300. Home appreciation the last 10 years has been 111.1%. Home Appreciation in Cookeville (zip 38501) is up 25.2%.

Average Age of Homes

- The median age of Cookeville (zip 38501) real estate is 32 years old

The Rental Market in Cookeville (zip 38501)

- Renters make up 46.0% of the Cookeville (zip 38501) population
- 2.6% of houses and apartments in Cookeville (zip 38501), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cookeville, Tennessee	United States
	18,601.0	139,647,020.0
	33	42
	$254,300	$338,100
	25.2%	16.6%
	86.2%	57.0%
	111.1%	101.1%
	$6.50	$10.98
	$1,151	$2,690
	45.6%	57.4%
	10.0%	11.2%
	44.4%	31.4%
Vacant Housing
	2.6%	1.9%
	0.2%	0.4%
	0.2%	0.7%
	0.1%	0.4%
	1.3%	3.6%
	5.5%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	1.2%	2.4%
	3.7%	2.8%
	4.1%	3.9%
	5.5%	4.5%
	24.0%	11.3%
	16.2%	13.0%
	25.3%	20.1%
	7.2%	13.6%
	5.9%	8.3%
	4.4%	9.7%
	0.6%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	14.7%	13.6%
	14.7%	13.6%
	18.0%	13.6%
	15.5%	13.2%
	15.7%	14.8%
	18.0%	13.6%
	7.0%	10.0%
	3.3%	4.7%
	2.6%	12.2%

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