Cookeville, TN home prices
Typical home $290,625 · +1.7% in a year · income needed $78,300
The Cookeville, TN metro area ranks 339 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.7% in a year and +23.8% over five years. With 20% down at 7.11%, the typical home costs about $1,826 a month including 0.48% property tax (Putnam County rate).
Mortgage on the typical Cookeville home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $58,125 | $232,500 | $1,564 | $0 | $262 | $1,826 | $78,300 |
| 10% down | $29,063 | $261,563 | $1,760 | $109 | $262 | $2,131 | $91,300 |
| 5% down | $14,531 | $276,094 | $1,857 | $115 | $262 | $2,235 | $95,800 |
| 3.5% down (FHA) | $10,172 | $285,361 | $1,920 | $129 | $262 | $2,310 | $99,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.48% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Cookeville area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Putnam County, TN | $312,125 | +1.2% | 0.48% |
| Overton County, TN | $251,818 | +3.9% | 0.39% |
| Jackson County, TN | $225,655 | +3.2% | 0.46% |
What can you afford in Tennessee on your salary? · Tennessee home prices · Salaries in Tennessee
Frequently asked questions
How much is a house in Cookeville?
The typical home in the Cookeville, TN metro area is worth $290,625 (Zillow, September 2026).
What salary do you need to buy a house in Cookeville?
About $78,300 a year for the typical home with 20% down at 7.11%.