32Alpha

Cookeville, TN metro area Housing Market Brief

metro · TN · as of August 2026

Buyer's

What is Cookeville, TN metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+5.742
Inventory Health25%
29
Affordability20%
-3.012
Economic Strength20%
58
Rental Yield15%
+8.317

Where is Cookeville, TN metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Cookeville, TN metro area is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Cookeville, TN metro area?

Our model forecasts Cookeville, TN metro area’s home prices to rise about 3.5% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Cookeville, TN metro area housing market data

MetricValueYoY
Median Sale Price$349K▲ +4.2%
Median Days on Market65 days▲ +8.3%
Months of Supply5.7▲ +21.3%
Homes for Sale631▲ +8.2%
Homes Sold115-9.4%
Median Price / Sq Ft$185-6.1%

How has Cookeville, TN metro area’s Alpha Score moved?

Now: 32
12-period trend
Median sale price · 12 mo

Markets like Cookeville, TN metro area

Frequently asked questions

Is Cookeville, TN metro area a buyer's or seller's market?

As of August 2026, Cookeville, TN metro area is classified as a Buyer's Market, based on its Alpha Score of 32 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Cookeville, TN metro area?

The median sale price in Cookeville, TN metro area is $349K, having risen 4.2% over the past year.

How affordable is Cookeville, TN metro area?

Cookeville, TN metro area scores 12 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Cookeville, TN metro area's Alpha Score?

Cookeville, TN metro area's strongest dimension is Economic Strength (58/100) and its weakest is Affordability (12/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Cookeville, TN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.