Cookeville Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Cookeville averaged
6.86%
for the week of 2024-04-18, compared to the national average of
7.1% for the same period.
The average rate for the prior week (2024-04-11) was
6.84% and
one month ago for the week of 2024-03-14, the
average rate was 6.6%.
Cookeville's average rate one year ago was 6.43%.
For refis of the same type during the week of 2024-04-18, the average rate
was 6.7%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-04-18 | 7.1% |
| Cookeville 30 Year Fixed Rate | 2024-04-18 | 6.86% |
| Cookeville 30 Year Fixed Rate Refi | 2024-04-18 | 6.7% |
| Cookeville 15 Year Fixed Rate | 2024-04-18 | 6.19% |
| Cookeville 15 Year Fixed Rate Refi | 2024-04-18 | 6.39% |
| Cookeville 30 Year FHA | 2024-04-18 | 6.71% |
| Cookeville 30 Year FHA Refi | 2024-04-18 | 6.76% |
| Cookeville 30 Year USDA | 2024-04-18 | 7.06% |
| Cookeville 30 Year USDA Refi | 2024-04-18 | 6.76% |
| Cookeville 30 Year VA | 2024-04-18 | 6.65% |
| Cookeville 30 Year VA Refi | 2024-04-18 | 6.76% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Cookeville, TN.
Cookeville Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Cookeville, TN market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Cookeville Average Closing Costs & Other Stats
Cookeville, TN's 122 lenders originated 1,980
loans during 2023. The total origination value was $409,080,000, with an average loan value of
$206,606.
Cookeville's average closing costs are $5,104.
The top Cookeville lender as defined by loan originations is QUICKEN LOANS, LLC, with
55 loans originated. Their average total fees are
$6,030, which is $1,761
higher than the next largest lender,
MORTGAGE INVESTORS GROUP, INC..
The lowest fee Cookeville lenders (with over 10 loans originated) are
Citizens Bank of Lafayette ($2,115), Regions Bank ($3,648), Wilson Bank And Trust ($3,783), MORTGAGE INVESTORS GROUP, INC. ($4,269) and U.S. Bank ($4,507).
The lowest rate Cookeville lenders (with over 10 loans originated) are
CMG MORTGAGE, INC. (6.34%), PENNYMAC LOAN SERVICES, LLC (6.37%), Wells Fargo Bank (6.45%), U.S. Bank (6.62%) and MORTGAGE INVESTORS GROUP, INC. (6.67%).
Cookeville, TN Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| Citizens Bank of Lafayette | $49,580,000 | $38,055,000 | -23.2% | 9.3% |
| FirstBank | $27,585,000 | $24,260,000 | -12.1% | 5.9% |
| QUICKEN LOANS, LLC | $39,380,000 | $22,635,000 | -42.5% | 5.5% |
| MORTGAGE INVESTORS GROUP, INC. | $30,230,000 | $19,995,000 | -33.9% | 4.9% |
| AMCAP MORTGAGE, LTD. | $25,295,000 | $18,755,000 | -25.9% | 4.6% |
| UNION HOME MORTGAGE CORP. | $12,340,000 | $18,460,000 | 49.6% | 4.5% |
| First Horizon Bank | $15,045,000 | $11,300,000 | -24.9% | 2.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $10,405,000 | $9,370,000 | -9.9% | 2.3% |
| PENNYMAC LOAN SERVICES, LLC | $11,435,000 | $9,305,000 | -18.6% | 2.3% |
| Wilson Bank And Trust | $33,130,000 | $9,225,000 | -72.2% | 2.3% |
| U.S. Bank | $12,330,000 | $8,380,000 | -32.0% | 2.0% |
| Regions Bank | $17,085,000 | $8,185,000 | -52.1% | 2.0% |
| Mortgage Research Center, LLC | $10,280,000 | $7,420,000 | -27.8% | 1.8% |
| GUARANTY MORTGAGE SERVICES, L.L.C. | $9,825,000 | $7,095,000 | -27.8% | 1.7% |
| CMG MORTGAGE, INC. | $4,865,000 | $6,850,000 | 40.8% | 1.7% |
| SmartBank | $8,480,000 | $5,815,000 | -31.4% | 1.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,085,000 | $5,710,000 | 426.3% | 1.4% |
| Citizens Bank | $7,275,000 | $5,615,000 | -22.8% | 1.4% |
| VAN DYK MORTGAGE CORPORATION | $4,320,000 | $5,420,000 | 25.5% | 1.3% |
| NAVY FEDERAL CREDIT UNION | $4,180,000 | $4,775,000 | 14.2% | 1.2% |
| Farm Credit Mid-America, ACA | $5,975,000 | $4,480,000 | -25.0% | 1.1% |
| ACOPIA, LLC | $805,000 | $4,250,000 | 428.0% | 1.0% |
| Pinnacle Bank | $7,100,000 | $3,500,000 | -50.7% | 0.9% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,170,000 | $3,395,000 | -34.3% | 0.8% |
| F&M Bank | $5,015,000 | $3,360,000 | -33.0% | 0.8% |
| Wells Fargo Bank | $4,500,000 | $3,265,000 | -27.4% | 0.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,375,000 | $3,145,000 | 32.4% | 0.8% |
| GUARANTEED RATE, INC. | $3,720,000 | $2,970,000 | -20.2% | 0.7% |
| CHURCHILL MORTGAGE CORPORATION | $4,960,000 | $2,875,000 | -42.0% | 0.7% |
| DHI MORTGAGE COMPANY, LTD. | $24,705,000 | $2,795,000 | -88.7% | 0.7% |
| SouthEast Bank | $3,760,000 | $2,755,000 | -26.7% | 0.7% |
| First Volunteer Bank | $3,535,000 | $2,640,000 | -25.3% | 0.6% |
| 21ST MORTGAGE CORPORATION | $1,515,000 | $2,615,000 | 72.6% | 0.6% |
| ASCEND FEDERAL CREDIT UNION | $4,550,000 | $2,605,000 | -42.7% | 0.6% |
| EMBRACE HOME LOANS, INC. | $135,000 | $2,320,000 | 1,618.5% | 0.6% |
| Citizens Bank | $7,275,000 | $2,310,000 | -68.2% | 0.6% |
| LOANDEPOT.COM, LLC | $9,100,000 | $2,250,000 | -75.3% | 0.6% |
| FREEDOM MORTGAGE CORPORATION | $6,410,000 | $2,060,000 | -67.9% | 0.5% |
| Truist | $2,120,000 | $1,975,000 | -6.8% | 0.5% |
| FIRST COMMUNITY MORTGAGE, INC. | $3,060,000 | $1,965,000 | -35.8% | 0.5% |
| THE TENNESSEE CREDIT UNION | $1,825,000 | $1,965,000 | 7.7% | 0.5% |
| PENTAGON FEDERAL CREDIT UNION | $1,500,000 | $1,945,000 | 29.7% | 0.5% |
| CARDINAL FINANCIAL | $940,000 | $1,855,000 | 97.3% | 0.5% |
| The Federal Savings Bank | $1,505,000 | $1,850,000 | 22.9% | 0.5% |
| BNY Mellon | $1,845,000 | n/a | 0.5% | |
| USAA Federal Savings Bank | $3,260,000 | $1,780,000 | -45.4% | 0.4% |
| CRESCENT MORTGAGE COMPANY | $3,625,000 | $1,770,000 | -51.2% | 0.4% |
| BROKER SOLUTIONS, INC. | $4,625,000 | $1,740,000 | -62.4% | 0.4% |
| Flagstar Bank, FSB | $2,365,000 | $1,695,000 | -28.3% | 0.4% |
| BancorpSouth | $1,685,000 | n/a | 0.4% | |
| MID AMERICA MORTGAGE, INC. | $1,060,000 | $1,670,000 | 57.5% | 0.4% |
| RELIANCE FIRST CAPITAL, LLC | $1,510,000 | $1,535,000 | 1.7% | 0.4% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,825,000 | $1,525,000 | -46.0% | 0.4% |
| MOVEMENT MORTGAGE, LLC | $2,095,000 | $1,505,000 | -28.2% | 0.4% |
| STOCKTON MORTGAGE CORPORATION | $2,605,000 | $1,420,000 | -45.5% | 0.3% |
| Carrington Mortgage Services, LLC | $1,295,000 | $1,410,000 | 8.9% | 0.3% |
| Bank of America | $1,125,000 | $1,390,000 | 23.6% | 0.3% |
| FIRST FREEDOM BANK | $1,725,000 | $1,355,000 | -21.4% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,350,000 | n/a | 0.3% | |
| CU COMMUNITY, LLC | $1,270,000 | $1,260,000 | -0.8% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $610,000 | $1,255,000 | 105.7% | 0.3% |
| ISERVE RESIDENTIAL LENDING, LLC | $2,205,000 | $1,235,000 | -44.0% | 0.3% |
| EVERETT FINANCIAL, INC. | $480,000 | $1,205,000 | 151.0% | 0.3% |
| EVANSVILLE TEACHERS | $170,000 | $1,155,000 | 579.4% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $4,215,000 | $1,080,000 | -74.4% | 0.3% |
| Renasant Bank | $5,765,000 | $1,070,000 | -81.4% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $600,000 | $995,000 | 65.8% | 0.2% |
| Discover Bank | $935,000 | $990,000 | 5.9% | 0.2% |
| GUILD MORTGAGE COMPANY | $935,000 | $965,000 | 3.2% | 0.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,650,000 | $955,000 | -42.1% | 0.2% |
| PNC Bank | $1,115,000 | $955,000 | -14.3% | 0.2% |
| SECURITYNATIONAL MORTGAGE COMPANY | $3,120,000 | $935,000 | -70.0% | 0.2% |
| NEWREZ LLC | $735,000 | $870,000 | 18.4% | 0.2% |
| INTERLINC MORTGAGE SERVICES, LLC | $1,710,000 | $840,000 | -50.9% | 0.2% |
| DAS Acquisition Company, LLC | $605,000 | $805,000 | 33.1% | 0.2% |
| JPMorgan Chase Bank | $3,150,000 | $795,000 | -74.8% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $790,000 | n/a | 0.2% | |
| ZILLOW HOME LOANS, LLC | $320,000 | $765,000 | 139.1% | 0.2% |
| NFM, INC. | $710,000 | n/a | 0.2% | |
| AmRes Corporation | $1,980,000 | $700,000 | -64.6% | 0.2% |
| Magnolia Bank | $700,000 | n/a | 0.2% | |
| Southern Bank of Tennessee | $965,000 | $690,000 | -28.5% | 0.2% |
| First National Bank of Pennsylvania | $675,000 | n/a | 0.2% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $1,225,000 | $675,000 | -44.9% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $650,000 | $670,000 | 3.1% | 0.2% |
| NP, Inc. | $565,000 | $660,000 | 16.8% | 0.2% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $385,000 | $625,000 | 62.3% | 0.2% |
| Shamrock Home Loans, Inc. | $1,450,000 | $625,000 | -56.9% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $165,000 | $610,000 | 269.7% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $605,000 | n/a | 0.1% | |
| Plains Commerce Bank | $835,000 | $595,000 | -28.7% | 0.1% |
| Capital City Home Loans, LLC | $365,000 | $585,000 | 60.3% | 0.1% |
| MANN FINANCIAL INC. | $585,000 | n/a | 0.1% | |
| SWBC MORTGAGE CORPORATION | $855,000 | $580,000 | -32.2% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $565,000 | n/a | 0.1% | |
| Nations Lending Corporation | $640,000 | $565,000 | -11.7% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $175,000 | $560,000 | 220.0% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $410,000 | $560,000 | 36.6% | 0.1% |
| Orion Federal Credit Union | $835,000 | $555,000 | -33.5% | 0.1% |
| Legacy Home Loans, LLC | $630,000 | $550,000 | -12.7% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $605,000 | $550,000 | -9.1% | 0.1% |
| GARDNER FINANCIAL SERVICES, LTD. | $545,000 | n/a | 0.1% | |
| NBKC BANK | $585,000 | $530,000 | -9.4% | 0.1% |
| Morgan Stanley Private Bank | $525,000 | n/a | 0.1% | |
| Total Media Management, LLC | $520,000 | n/a | 0.1% | |
| BMO Harris Bank | $110,000 | $515,000 | 368.2% | 0.1% |
| Citizens Tri-County Bank | $630,000 | $510,000 | -19.0% | 0.1% |
| BNC National Bank | $505,000 | n/a | 0.1% | |
| Fifth Third Bank | $375,000 | $505,000 | 34.7% | 0.1% |
| The Central Trust Bank | $295,000 | $505,000 | 71.2% | 0.1% |
| THE ANDERSON FINANCIAL GROUP, INC. | $485,000 | n/a | 0.1% | |
| NEW DAY FINANCIAL, LLC | $1,795,000 | $480,000 | -73.3% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $2,440,000 | $480,000 | -80.3% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $800,000 | $475,000 | -40.6% | 0.1% |
| TENNESSEE VALLEY | $350,000 | $470,000 | 34.3% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $560,000 | $455,000 | -18.8% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $1,090,000 | $450,000 | -58.7% | 0.1% |
| University Bank | $430,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $570,000 | $425,000 | -25.4% | 0.1% |
| 1ST SIGNATURE LENDING, LLC | $415,000 | n/a | 0.1% | |
| Gateway First Bank | $305,000 | $415,000 | 36.1% | 0.1% |
| Figure Lending LLC | $295,000 | $390,000 | 32.2% | 0.1% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $385,000 | n/a | 0.1% | |
| Bell Bank | $385,000 | n/a | 0.1% | |
| LONGBRIDGE FINANCIAL, LLC | $270,000 | $385,000 | 42.6% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $990,000 | $370,000 | -62.6% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $355,000 | n/a | 0.1% | |
| Citadel Servicing Corporation | $340,000 | n/a | 0.1% | |
| LOANPAL, LLC | $340,000 | n/a | 0.1% | |
| Mountain Commerce Bank | $2,005,000 | $335,000 | -83.3% | 0.1% |
| Suncoast Credit Union | $335,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $455,000 | $330,000 | -27.5% | 0.1% |
| Franklin Loan Corporation | $325,000 | n/a | 0.1% | |
| First Federal Bank | $315,000 | n/a | 0.1% | |
| First Financial Bank | $305,000 | n/a | 0.1% | |
| LADERA LENDING, INC. | $585,000 | $305,000 | -47.9% | 0.1% |
| S1L, Inc. | $305,000 | n/a | 0.1% | |
| HomeTrust Bank | $300,000 | n/a | 0.1% | |
| FirstTrust Home Loans, Inc. | $295,000 | n/a | 0.1% | |
| Leader Bank | $295,000 | n/a | 0.1% | |
| Old Second National Bank | $295,000 | n/a | 0.1% | |
| American Mortgage & Equity Consultants, Inc. | $280,000 | n/a | 0.1% | |
| Bank of Springfield | $275,000 | n/a | 0.1% | |
| HSBC BANK USA, NATIONAL ASSOCIATION | $275,000 | n/a | 0.1% | |
| United Community Bank | $395,000 | $260,000 | -34.2% | 0.1% |
| MORTGAGE MANAGEMENT CONSULTANTS, INC. | $255,000 | n/a | 0.1% | |
| THRIVE MORTGAGE, LLC | $255,000 | n/a | 0.1% | |
| TJC Mortgage, Inc. | $255,000 | n/a | 0.1% | |
| CIS Financial Services, Inc. | $250,000 | n/a | 0.1% | |
| ORNL Federal Credit Union | $450,000 | $245,000 | -45.6% | 0.1% |
| The Loan Store, Inc. | $245,000 | n/a | 0.1% | |
| TOTAL MORTGAGE SERVICES, LLC | $235,000 | $245,000 | 4.3% | 0.1% |
| Ameris Bank | $185,000 | $235,000 | 27.0% | 0.1% |
| OCMBC, INC. | $225,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $780,000 | $225,000 | -71.2% | 0.1% |
| CapStar Bank | $1,785,000 | $215,000 | -88.0% | 0.1% |
| Coastal Community Bank | $215,000 | n/a | 0.1% | |
| DELMAR FINANCIAL COMPANY | $215,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $215,000 | n/a | 0.1% | |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $215,000 | n/a | 0.1% | |
| T2 FINANCIAL LLC | $430,000 | $215,000 | -50.0% | 0.1% |
| TOWNE MORTGAGE COMPANY | $215,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $205,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $705,000 | $205,000 | -70.9% | 0.1% |
| OPEN MORTGAGE, LLC | $205,000 | n/a | 0.1% | |
| Community Trust Bank, Inc. | $305,000 | $200,000 | -34.4% | 0.0% |
| Bank of England | $1,100,000 | $195,000 | -82.3% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $195,000 | n/a | 0.0% | |
| United Fidelity Funding Corp. | $195,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $25,000 | $190,000 | 660.0% | 0.0% |
| CEDARSTONE BANK | $185,000 | n/a | 0.0% | |
| COMPASS MORTGAGE, INC. | $185,000 | n/a | 0.0% | |
| MILEND, INC. | $215,000 | $185,000 | -14.0% | 0.0% |
| GTE Federal Credit Union | $180,000 | n/a | 0.0% | |
| First Federal Bank | $175,000 | n/a | 0.0% | |
| Loan Simple, Inc. | $175,000 | n/a | 0.0% | |
| MEMBER FIRST MORTGAGE, LLC | $165,000 | n/a | 0.0% | |
| Macon Bank and Trust Company | $585,000 | $155,000 | -73.5% | 0.0% |
| STATE EMPLOYEES' | $155,000 | n/a | 0.0% | |
| The First National Bank of Middle Tennessee | $965,000 | $155,000 | -83.9% | 0.0% |
| Trustmark National Bank | $155,000 | n/a | 0.0% | |
| Barrington Bank & Trust Company, N.A. | $390,000 | $145,000 | -62.8% | 0.0% |
| Simmons Bank | $145,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $135,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $245,000 | $135,000 | -44.9% | 0.0% |
| FAIRWAY FUNDING GROUP, INC. | $135,000 | $125,000 | -7.4% | 0.0% |
| Financial Federal Bank | $125,000 | n/a | 0.0% | |
| REDSTONE Federal Credit Union | $125,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $125,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $120,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $95,000 | $115,000 | 21.1% | 0.0% |
| Commerce Home Mortgage, Inc. | $115,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $115,000 | n/a | 0.0% | |
| NexBank | $105,000 | n/a | 0.0% | |
| The Huntington National Bank | $75,000 | $105,000 | 40.0% | 0.0% |
| WesBanco | $105,000 | n/a | 0.0% | |
| DUPACO COMMUNITY | $85,000 | n/a | 0.0% | |
| EASTMAN | $345,000 | $65,000 | -81.2% | 0.0% |
| Bethpage Federal Credit Union | $55,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $55,000 | n/a | 0.0% | |
| WINGS FINANCIAL | $55,000 | n/a | 0.0% | |
| Baxter Credit Union | $210,000 | $35,000 | -83.3% | 0.0% |
Cookeville's top lender by overall market share is Citizens Bank of Lafayette, with 9.3% market share. In second place, with 5.9%, is FirstBank, having originated $24,260,000 in loans. In third place, with 5.5%, is QUICKEN LOANS, LLC, having originated $22,635,000 in loans. In fourth place, with 4.9%, is MORTGAGE INVESTORS GROUP, INC., having originated $19,995,000 in loans. In fifth place, with 4.6%, is AMCAP MORTGAGE, LTD., having originated $18,755,000 in loans.
Cookeville Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Cookeville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $204,475 (2.5%) | $255,841 (0.9%) | 0.00 | 410 |
| 2018-02-01 | $209,225 (7.3%) | $254,906 (0.0%) | 0.00 | 411 |
| 2018-03-01 | $210,000 (0.3%) | $261,296 (-2.6%) | 0.00 | 387 |
| 2018-04-01 | $217,000 (3.4%) | $272,646 (-1.6%) | 0.00 | 390 |
| 2018-05-01 | $223,650 (1.7%) | $276,473 (-0.8%) | 0.00 | 420 |
| 2018-06-01 | $225,000 (3.7%) | $283,044 (2.3%) | 0.00 | 422 |
| 2018-07-01 | $229,900 (7.0%) | $281,352 (1.9%) | 0.00 | 438 |
| 2018-08-01 | $231,950 (10.7%) | $283,286 (1.2%) | 0.00 | 437 |
| 2018-09-01 | $239,000 (11.2%) | $289,873 (5.0%) | 0.00 | 447 |
| 2018-10-01 | $239,929 (8.6%) | $281,723 (5.1%) | 0.00 | 463 |
| 2018-11-01 | $239,000 (12.5%) | $274,399 (4.2%) | 0.00 | 459 |
| 2018-12-01 | $239,000 (13.9%) | $271,709 (4.9%) | 0.00 | 448 |
| 2019-01-01 | $238,250 (16.5%) | $275,308 (7.6%) | 0.00 | 418 |
| 2019-02-01 | $241,200 (15.3%) | $280,443 (10.0%) | 0.00 | 387 |
| 2019-03-01 | $239,900 (14.2%) | $289,264 (10.7%) | 0.00 | 386 |
| 2019-04-01 | $239,900 (10.6%) | $295,868 (8.5%) | 0.00 | 390 |
| 2019-05-01 | $244,929 (9.5%) | $308,310 (11.5%) | 0.00 | 394 |
| 2019-06-01 | $239,900 (6.6%) | $302,206 (6.8%) | 0.00 | 411 |
| 2019-07-01 | $234,957 (2.2%) | $292,748 (4.1%) | 0.00 | 441 |
| 2019-08-01 | $236,227 (1.8%) | $296,906 (4.8%) | 0.00 | 443 |
| 2019-09-01 | $238,068 (-0.4%) | $302,373 (4.3%) | 0.00 | 448 |
| 2019-10-01 | $239,295 (-0.3%) | $306,018 (8.6%) | 0.00 | 453 |
| 2019-11-01 | $240,000 (0.4%) | $309,226 (12.7%) | 0.00 | 450 |
| 2019-12-01 | $241,950 (1.2%) | $306,321 (12.7%) | 0.00 | 445 |
| 2020-01-01 | $249,950 (4.9%) | $309,789 (12.5%) | 0.00 | 369 |
| 2020-02-01 | $259,900 (7.8%) | $316,109 (12.7%) | 0.00 | 346 |
| 2020-03-01 | $259,900 (8.3%) | $319,432 (10.4%) | 0.00 | 339 |
| 2020-04-01 | $261,179 (8.9%) | $319,893 (8.1%) | 0.00 | 326 |
| 2020-05-01 | $262,450 (7.2%) | $327,780 (6.3%) | 0.00 | 300 |
| 2020-06-01 | $274,925 (14.6%) | $345,550 (14.3%) | 0.00 | 269 |
| 2020-07-01 | $276,350 (17.6%) | $355,739 (21.5%) | 0.00 | 254 |
| 2020-08-01 | $279,900 (18.5%) | $360,175 (21.3%) | 0.00 | 241 |
| 2020-09-01 | $284,900 (19.7%) | $369,228 (22.1%) | 0.00 | 225 |
| 2020-10-01 | $287,450 (20.1%) | $374,071 (22.2%) | 0.00 | 222 |
| 2020-11-01 | $284,850 (18.7%) | $364,656 (17.9%) | 0.00 | 228 |
| 2020-12-01 | $274,900 (13.6%) | $369,416 (20.6%) | 0.00 | 197 |
| 2021-01-01 | $279,900 (12.0%) | $372,299 (20.2%) | 0.00 | 188 |
| 2021-02-01 | $297,425 (14.4%) | $394,372 (24.8%) | 0.00 | 148 |
| 2021-03-01 | $287,450 (10.6%) | $394,745 (23.6%) | 0.00 | 138 |
| 2021-04-01 | $317,450 (21.5%) | $423,587 (32.4%) | 0.00 | 131 |
| 2021-05-01 | $317,500 (21.0%) | $439,253 (34.0%) | 0.00 | 146 |
| 2021-06-01 | $309,900 (12.7%) | $430,738 (24.7%) | 0.00 | 162 |
| 2021-07-01 | $329,900 (19.4%) | $452,347 (27.2%) | 0.00 | 195 |
| 2021-08-01 | $362,000 (29.3%) | $465,788 (29.3%) | 0.00 | 242 |
| 2021-09-01 | $382,400 (34.2%) | $486,514 (31.8%) | 0.00 | 229 |
| 2021-10-01 | $356,950 (24.2%) | $504,172 (34.8%) | 0.00 | 234 |
| 2021-11-01 | $372,400 (30.7%) | $520,194 (42.7%) | 0.00 | 215 |
| 2021-12-01 | $362,482 (31.9%) | $512,019 (38.6%) | 0.00 | 201 |
| 2022-01-01 | $369,900 (32.2%) | $530,554 (42.5%) | 0.00 | 181 |
| 2022-02-01 | $390,800 (31.4%) | $530,078 (34.4%) | 0.00 | 153 |
| 2022-03-01 | $354,900 (23.5%) | $495,499 (25.5%) | 0.00 | 171 |
| 2022-04-01 | $367,458 (15.8%) | $490,211 (15.7%) | 0.00 | 188 |
| 2022-05-01 | $382,200 (20.4%) | $507,125 (15.5%) | 0.00 | 205 |
| 2022-06-01 | $398,000 (28.4%) | $511,988 (18.9%) | 0.00 | 239 |
| 2022-07-01 | $399,000 (21.0%) | $503,110 (11.2%) | 0.00 | 294 |
| 2022-08-01 | $399,475 (10.4%) | $503,098 (8.0%) | 0.00 | 306 |
| 2022-09-01 | $383,450 (0.3%) | $488,929 (0.5%) | 0.00 | 320 |
| 2022-10-01 | $395,000 (10.7%) | $497,691 (-1.3%) | 0.00 | 346 |
| 2022-11-01 | $373,000 (0.2%) | $492,718 (-5.3%) | 0.00 | 371 |
| 2022-12-01 | $369,000 (1.8%) | $468,467 (-8.5%) | 0.00 | 357 |
| 2023-01-01 | $359,950 (-2.7%) | $467,213 (-11.9%) | 0.00 | 344 |
| 2023-02-01 | $369,900 (-5.4%) | $474,283 (-10.5%) | 0.00 | 330 |
| 2023-03-01 | $359,925 (1.4%) | $472,975 (-4.6%) | 0.00 | 306 |
| 2023-04-01 | $362,450 (-1.4%) | $476,715 (-2.8%) | 0.00 | 293 |
| 2023-05-01 | $392,600 (2.7%) | $498,712 (-1.7%) | 0.00 | 299 |
| 2023-06-01 | $404,166 (1.6%) | $499,022 (-2.5%) | 0.00 | 303 |
| 2023-07-01 | $397,000 (-0.5%) | $492,752 (-2.1%) | 0.00 | 301 |
| 2023-08-01 | $404,916 (1.4%) | $515,845 (2.5%) | 0.00 | 322 |
| 2023-09-01 | $405,000 (5.6%) | $525,788 (7.5%) | 0.00 | 335 |
| 2023-10-01 | $399,500 (1.1%) | $501,136 (0.7%) | 0.00 | 354 |
| 2023-11-01 | $395,000 (5.9%) | $489,366 (-0.7%) | 0.00 | 390 |
| 2023-12-01 | $395,000 (7.1%) | $480,283 (2.5%) | 0.00 | 373 |
| 2024-01-01 | $379,982 (5.6%) | $469,461 (0.5%) | 0.00 | 348 |
| 2024-02-01 | $379,907 (2.7%) | $460,889 (-2.8%) | 0.00 | 332 |
| 2024-03-01 | $379,000 (5.3%) | $461,455 (-2.4%) | 0.00 | 348 |
Cookeville's median listing price for 2024-03-01 was $379,000, a difference of
$19,075
(5.3%) versus the prior year and
$-907 versus the prior month.
Cookeville's median listing price comes in at 0% of the national average.
Cookeville's average listing price for 2024-03-01 was $461,455, a difference of $-11,520 (-2.4%) versus the prior year and $566 versus the prior month.
For the 2024-03-01 period, Cookeville had 348 MLS listings, a difference of 16 listings (5%) versus the prior month and 42 listings (14%) versus the prior year.
Cookeville's median listing price comes in at 0% of the national average.
Cookeville's average listing price for 2024-03-01 was $461,455, a difference of $-11,520 (-2.4%) versus the prior year and $566 versus the prior month.
For the 2024-03-01 period, Cookeville had 348 MLS listings, a difference of 16 listings (5%) versus the prior month and 42 listings (14%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Cookeville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,821 sqft |
| 2018-02-01 | 0 days | 1,847 sqft |
| 2018-03-01 | 0 days | 1,899 sqft |
| 2018-04-01 | 0 days | 1,985 sqft |
| 2018-05-01 | 0 days | 1,985 sqft |
| 2018-06-01 | 0 days | 1,980 sqft |
| 2018-07-01 | 0 days | 2,016 sqft |
| 2018-08-01 | 0 days | 2,022 sqft |
| 2018-09-01 | 0 days | 2,046 sqft |
| 2018-10-01 | 0 days | 2,038 sqft |
| 2018-11-01 | 0 days | 2,005 sqft |
| 2018-12-01 | 0 days | 2,004 sqft |
| 2019-01-01 | 0 days | 1,976 sqft |
| 2019-02-01 | 0 days | 1,959 sqft |
| 2019-03-01 | 0 days | 1,974 sqft |
| 2019-04-01 | 0 days | 2,005 sqft |
| 2019-05-01 | 0 days | 2,073 sqft |
| 2019-06-01 | 0 days | 2,000 sqft |
| 2019-07-01 | 0 days | 1,946 sqft |
| 2019-08-01 | 0 days | 1,966 sqft |
| 2019-09-01 | 0 days | 1,972 sqft |
| 2019-10-01 | 0 days | 1,976 sqft |
| 2019-11-01 | 0 days | 1,976 sqft |
| 2019-12-01 | 0 days | 1,954 sqft |
| 2020-01-01 | 0 days | 1,985 sqft |
| 2020-02-01 | 0 days | 2,000 sqft |
| 2020-03-01 | 0 days | 1,995 sqft |
| 2020-04-01 | 0 days | 1,983 sqft |
| 2020-05-01 | 0 days | 2,000 sqft |
| 2020-06-01 | 0 days | 2,010 sqft |
| 2020-07-01 | 0 days | 2,161 sqft |
| 2020-08-01 | 0 days | 2,028 sqft |
| 2020-09-01 | 0 days | 1,969 sqft |
| 2020-10-01 | 0 days | 1,966 sqft |
| 2020-11-01 | 0 days | 1,891 sqft |
| 2020-12-01 | 0 days | 1,910 sqft |
| 2021-01-01 | 0 days | 1,912 sqft |
| 2021-02-01 | 0 days | 2,023 sqft |
| 2021-03-01 | 0 days | 1,985 sqft |
| 2021-04-01 | 0 days | 2,076 sqft |
| 2021-05-01 | 0 days | 2,061 sqft |
| 2021-06-01 | 0 days | 1,970 sqft |
| 2021-07-01 | 0 days | 2,050 sqft |
| 2021-08-01 | 0 days | 2,172 sqft |
| 2021-09-01 | 0 days | 2,289 sqft |
| 2021-10-01 | 0 days | 2,352 sqft |
| 2021-11-01 | 0 days | 2,381 sqft |
| 2021-12-01 | 0 days | 2,317 sqft |
| 2022-01-01 | 0 days | 2,305 sqft |
| 2022-02-01 | 0 days | 2,193 sqft |
| 2022-03-01 | 0 days | 2,004 sqft |
| 2022-04-01 | 0 days | 2,059 sqft |
| 2022-05-01 | 0 days | 2,049 sqft |
| 2022-06-01 | 0 days | 2,063 sqft |
| 2022-07-01 | 0 days | 2,044 sqft |
| 2022-08-01 | 0 days | 2,077 sqft |
| 2022-09-01 | 0 days | 1,968 sqft |
| 2022-10-01 | 0 days | 2,004 sqft |
| 2022-11-01 | 0 days | 1,922 sqft |
| 2022-12-01 | 0 days | 1,872 sqft |
| 2023-01-01 | 0 days | 1,869 sqft |
| 2023-02-01 | 0 days | 1,858 sqft |
| 2023-03-01 | 0 days | 1,804 sqft |
| 2023-04-01 | 0 days | 1,837 sqft |
| 2023-05-01 | 0 days | 1,885 sqft |
| 2023-06-01 | 0 days | 2,000 sqft |
| 2023-07-01 | 0 days | 1,932 sqft |
| 2023-08-01 | 0 days | 1,952 sqft |
| 2023-09-01 | 0 days | 1,989 sqft |
| 2023-10-01 | 0 days | 1,993 sqft |
| 2023-11-01 | 0 days | 1,926 sqft |
| 2023-12-01 | 0 days | 1,942 sqft |
| 2024-01-01 | 0 days | 1,844 sqft |
| 2024-02-01 | 0 days | 1,811 sqft |
| 2024-03-01 | 0 days | 1,797 sqft |
Cookeville's median listing age (time on market) for 2024-03-01 was 0 days.
Cookeville's median square footage for active listings during the 2024-03-01 period was 1,797 sqft. One year prior, the average listing was 1,804 sqft.
Cookeville's median square footage for active listings during the 2024-03-01 period was 1,797 sqft. One year prior, the average listing was 1,804 sqft.
Cookeville, TN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,008 | $268,220,000 | $266,091 |
| Refi | 317 | $52,105,000 | $164,369 |
| Other | 263 | $28,995,000 | $110,247 |
| Cash Out Refi | 222 | $42,780,000 | $192,703 |
| Home Improvement | 170 | $16,980,000 | $99,882 |
Cookeville's most frequently cited loan purpose was Home Purchase, with 1,008 originations. The 2nd most popular reason was Refi, with 317 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 616 | $158,250,000 | $256,899 |
| Over 8% | 521 | $60,235,000 | $115,614 |
| 7-8% | 430 | $92,980,000 | $216,233 |
| 5-6% | 245 | $60,975,000 | $248,878 |
| 4-5% | 57 | $10,295,000 | $180,614 |
| 2.5-3% | 16 | $3,230,000 | $201,875 |
| <2.5% | 12 | $180,000 | $15,000 |
| 3-4% | 1 | $405,000 | $405,000 |
During 2023, Cookeville's most frequently originated rate bucket was 6-7%, with 616 originations.
Loan Sizing (Cookeville, TN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 700 | $194,030,000 | $277,186 |
| $100k-200k | 554 | $82,270,000 | $148,502 |
| $100,000 or less | 544 | $29,110,000 | $53,511 |
| $400k-600k | 149 | $68,235,000 | $457,953 |
| $600k-1000k | 26 | $18,070,000 | $695,000 |
| $Over $1MM | 7 | $17,365,000 | $2,480,714 |
Cookeville's loan sizing saw the bucket of loans from $200k-400k with 700 originations, totaling $194,030,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 649 | $182,855,000 | $281,749 |
| 60-80% | 383 | $98,935,000 | $258,316 |
| Under 20% | 309 | $15,615,000 | $50,534 |
| 20-40% | 305 | $36,475,000 | $119,590 |
| 40-60% | 222 | $42,460,000 | $191,261 |
| Over 100% | 29 | $9,055,000 | $312,241 |
Cookeville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 649 originations, totaling $182,855,000 in origination value.