Algood, Tennessee.
Typical home $276,970 (+0.2% in a year). Cookeville, TN metro.
to buy the typical home at today's mortgage rate — +$809 (+125%) since Jan 2020.
- 1 year
- Up $657 +0%
- $276,313$276,970 since Sep 2025
- 5 years
- Up $51,992 +23%
- $224,978$276,970 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Algood$1,454
- Tennessee$1,737
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in Algood, TN rose 0.2% over the past year — slower than the nation's +1.2%.
Living in Algood, Putnam County, Tennessee
Algood is a city of 3,963 people in Putnam County. Half its households earn more than $42,359 a year and half less, against $58,912 across Putnam County. 55% of its homes are lived in by their owners and 45% are rented. Unemployment in Putnam County was 3.7% in August 2026, and the county had 0.6% more jobs in 2025 than the year before. The most people in Putnam County work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Algood is a small city in Putnam County, Tennessee, with homes that are somewhat more often lived in by their owners than rented. Household incomes run below the county's, and homes are priced well above what those incomes might suggest. Winters are cold but short on snow, with January the coldest month, and summers are warm, with plenty of rain through the year.
Work. Residents work mostly in schools, hospitals and social care, in shops, in manufacturing, and in restaurants, hotels and entertainment. Walmart, US Foods and Signature Healthcare are among the largest workplaces in Algood. Unemployment across Putnam County is close to where it was a year ago, and very few people work from home.
Things to do. A short drive away are Cummins Falls, a waterfall, and Roaring River, along with the Gerald D. Coorts Memorial Arboretum, a botanical garden. Those who don't mind a longer drive can reach Burgess Falls, another waterfall, or Standing Stone State Park, a protected area for walking and time outdoors.
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- 1,601households
- 24%of adults have a degree
- 4%work from home
What people in Putnam County work in
Employed residents by industry, from the Census survey. Putnam County had 39,901 jobs in 2025, 0.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 47° and lows near 27°; warmest in July, with highs near 87° and lows near 66°. About 6 inches of snow and 60 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Cookeville weather station, 7 miles away (NOAA).
Largest workplaces in Algood
- WalmartWarehouse clubs and supercenters377
- US FoodsFood distribution warehouse230
- Signature HealthcareSkilled nursing facilities150
- UPSCouriers and express delivery services127
- STN77 Stone ServicePlumbing, heating & ac contractor123
- FedEx FreightLess than truckload general freight trucking29
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 6 workplaces with 20 or more staff, 1,036 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningRelatively high
- Winter weatherRelatively high
- TornadoesRelatively high
- Cold wavesRelatively high
- Strong windrelatively high in parts of AlgoodRelatively moderate
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Algood’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Putnam County and the Cookeville, TN metro.
Algood home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Algood$276,970
- Tennessee$330,844
- United States$366,157
Sellers are cutting prices on about 1 in 3 Algood listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Algood18
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Algood address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Algood — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.