Home values, rents and more in ZIP code 38506 (Cookeville, TN)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
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How 38506 compares
The typical home in ZIP code 38506 (Cookeville, TN) is worth about $337,000, according to the Zillow Home Value Index for September 2026. Home values in 38506 are 16% above the typical value in the Cookeville metro area ($291,000) and 8% below the U.S. typical value ($366,000).
Over the past year, home values in 38506 rose 0.7%, compared with +1.7% in the Cookeville metro area and +1.2% nationally.
Typical rent is $1,827 a month (Zillow Observed Rent Index), 21% above the Cookeville metro area ($1,513) and 5% below the U.S. ($1,932).
The median household income is $70,279, against $55,380 in the Cookeville metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 30,100 people live in 38506 (American Community Survey 2020–24).
38506 has the 2nd-highest typical home value of the 19 ZIP codes in the Cookeville metro area and the 163rd-highest of 587 in Tennessee with Zillow figures.
Part of: Cookeville, TN · Putnam County, TN · Cookeville metro area · Tennessee
More for 38506 in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- Crime rates
- School test scores
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby ZIP codes
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.