Zip lookup · TN

38544
Baxter, Tennessee.

Baxter, Putnam County, TN · Cookeville, TN metro · population 8,175

What it costs per month · 38544 $1,550/mo

to buy the typical home at today's mortgage rate — +$878 (+131%) since Jan 2020.

What the home itself did
1 year
Up $3,274 +1%
$292,077$295,350 since Sep 2025
5 years
Up $61,773 +26%
$233,578$295,350 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.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 38544 $1,550 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 38544$1,550
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 15 years.

Typical home values in zip 38544 rose 1.1% over the past year — in step with the nation.

This zip spans 2 counties: Putnam County, TN 88% · Dekalb County, TN 12%

Zillow also publishes an index for the city itself: Baxter, TN — measured over the city limits, which is a different area from this zip.

Typical home value $295,350 as of Sep 2026
+1.1%year on year

Typical home value — 38544

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 38544 $295,350 Cookeville $290,625 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 38544$295,350
  • Cookeville$290,625
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
5.3 38582 Silver Point 1,729 — $362,583
8.0 38545 Bloomington Springs 1,575 — $246,027
8.2 38548 Buffalo Valley 1,154 — $286,715
10.3 38501 Cookeville 42,471 $1,403 $299,092
10.8 38569 Lancaster 390 — $434,684
10.9 38552 Chestnut Mound 472 — $269,510
11.9 38564 Granville 501 — $240,024
13.1 38506 Cookeville 30,100 $1,827 $337,331
14.2 38567 Hickman 1,065 — $315,646
14.2 38560 Elmwood 1,432 — $296,873
15.0 37166 Smithville 15,731 — $284,712
16.3 38562 Gainesboro 6,493 — $204,531
16.4 37059 Dowelltown 1,590 — $260,398
17.2 38583 Sparta 25,584 — $279,608
17.3 38587 Walling 1,446 — $280,749
19.0 37095 Liberty 1,697 — $282,740
19.4 37030 Carthage 8,183 — $278,003
19.4 37012 Alexandria 2,118 — $289,870
19.4 38547 Brush Creek 2,088 — $338,335

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.