34Alpha

Cookeville, TN metro area Housing Market Brief

metro · as of May 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%
-8.136
Inventory Health25%
-0.729
Affordability20%
22
Economic Strength20%
No data
50
Rental Yield15%
34

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

EmergingGrowingMaturePeakingDecliningRecovering

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

Cookeville, TN metro area housing market data

MetricValueYoY
Median Sale Price$328K-4.7%
Median Days on Market74 days▲ +4.2%
Months of Supply4.5▲ +32.4%
Homes for Sale583▲ +6.4%
Homes Sold131-18.6%
Median Price / Sq Ft$196▲ +0.5%
Sale-to-List Ratio96.9%-0.9%

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

Now: 34
4-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 May 2026, Cookeville, TN metro area is classified as a Buyer's Market, based on its Alpha Score of 34 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 $328K, having fallen 4.7% over the past year.

How affordable is Cookeville, TN metro area?

Cookeville, TN metro area scores 22 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 (50/100) and its weakest is Affordability (22/100). 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.