Why Live in Five
The Five neighborhood in Cookeville is known for its spacious residential areas, with homes typically situated on half-acre or larger lots, providing ample elbow room. Housing styles predominantly include ranch-style homes, with newer condos and townhomes near downtown. Cane Creek Park, a 262-acre site, is a major recreational hub featuring picnic pavilions, playgrounds, hiking trails, and lake access for fishing and boating. The adjacent Cane Creek SportsPlex hosts softball and baseball tournaments, while Park View Skate Park offers facilities for skateboarders. Shopping centers and strip malls are conveniently located along South Willow and South Jefferson avenues, with grocery stores like Food Lion and Kroger nearby. Local dining options include Midtown Social, a New American grill, and Lazy Cow Creamery, known for its locally sourced ice cream. The neighborhood is about 2 miles south of downtown Cookeville, with an eight to ten-minute drive between the two. Interstate 40 provides easy access to Nashville, Memphis, and Knoxville. Although the area is not walkable due to limited sidewalks, it is car-friendly. Schools in the area are highly rated, with Prescott South Elementary School, Prescott South Middle School, and Cookeville High School all receiving good ratings. Tennessee Tech University is also located on the north side of the city, contributing to the local educational landscape.
Home Trends in Five, TN
On average, homes in Five, Cookeville sell after 47 days on the market compared to the national average of 51 days. The median sale price for homes in Five, Cookeville over the last 12 months is $280,000, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$280,000
Median Single Family Sale Price
$280,000
Median 2 Bedroom Sale Price
$303,200
Average Price Per Sq Ft
$203
Number of Homes for Sale
18
Last 12 months Home Sales
107
Median List Price
$299,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-9%