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The Cottages Home Values and Market Report

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Report prepared by Billfergusson.com Benchmark Realty

Market at a glance

Over the last 12 months, homes sold for 97.9% of list price in 75 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $215K Sold · $203K
$470K$380K$290K$200K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Apr. Last month: 0.

Where the market stands

All homes in this report, by status.

8homes
Active3 · 38%
Under contract1 · 12%
Sold (12 mo)4 · 50%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$408K
Under contract$447K
Sold$340K

Average days on market

Active44 days
Under contract47 days
Sold75 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 3
Average list price $407,996
Avg. days on market 44 days
Avg. price per ft² $279
Avg. living area 1,465 ft²
Avg. beds / baths 2.7 / 2.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 3 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 3 homes in this status.

332 Meriwether Way$311
511 Bishop Ln$268
514 Cottage Way$259

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
514 Cottage WayCookeville, TN 38506 321,462$379,000$25913 days
511 Bishop LnCookeville, TN 38506 331,584$425,000$26857 days
332 Meriwether WayPigeon Forge, TN 37863 221,350$419,990$31161 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Billfergusson.com Benchmark Realty

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.