37318 Homes under $400,000

Welcome to Cowan, Tennessee, nestled in the heart of Franklin County, where small-town charm meets natural beauty. The 37318 zip code is a hidden gem, offering a delightful blend of serene living and convenient access to modern amenities. With its picturesque landscapes and friendly community, Cowan is an ideal place for families, retirees, and anyone seeking a peaceful retreat.

For those looking to make Cowan their home, you’ll be pleased to discover a variety of homes available for under $400,000. This price point opens the door to a diverse selection of properties, from cozy single-family homes to spacious residences perfect for entertaining. Whether you’re seeking a quaint cottage with character or a more contemporary space, Cowan has something for everyone.

Living in Cowan means embracing a lifestyle surrounded by nature. With the stunning backdrop of the Appalachian Mountains, outdoor enthusiasts will revel in the abundance of hiking trails, parks, and scenic spots perfect for picnics or weekend adventures. The community is also rich in history, offering charming local shops and eateries that capture the essence of Southern hospitality.

Cowan’s location makes it easy to access nearby cities, while still providing that idyllic small-town feel. With friendly neighbors and a welcoming atmosphere, you’ll quickly feel at home in this vibrant community. Explore the opportunities that await you in Cowan, TN, and discover the perfect home that fits your lifestyle—all without breaking the bank!

Newest 37318 Homes under $400,000

$130,000

3 Beds ⋅ 1 Baths ⋅ 3626911 MLS ⋅ ACTIVE Status ⋅ 1.35 Acres ⋅ 37318 Zip Code

Investor Special.The home and garage are both in poor condition and may present safety hazards. For safety reasons, entry into either structure is strictly prohibited. Property is to be viewed from the exterior only. Metal storage building and the two vehicles do not convey.

313 Cumberland St W, Cowan

$289,900

4 Beds ⋅ 2 Baths ⋅ 3626512 MLS ⋅ ACTIVE Status ⋅ 0.76 Acres ⋅ 37318 Zip Code

For 25 years, this home was the heart of a family, and now it is ready for someone new to bring it back to life. Built in 1938, this old-fashioned beauty has the kind of character, craftsmanship, and good bones that are getting harder to find. If you have a soft spot for old houses, appreciate the charm of yesteryear, and can see the potential beneath a little wear and tear, this one is worth a look! From the classic arched doorways and original hardwood floors to two original fireplaces inside and another tucked away in the backyard, this home is full of timeless details just waiting to be loved again. Step through the front entry into a spacious formal living room, with a separate dining room ready for Sunday dinners and holiday gatherings. The light-filled den offers a cozy place to unwind, with views of the outdoors and easy access to the galley kitchen. A main-level bedroom opens into the den, with an updated full bathroom featuring a walk-in shower just around the corner. Upstairs, three additional bedrooms and another full bath provide plenty of room for family, guests, or even a home office. A garage and old-school basement offer plenty of space for storage, tools, and all those projects you have been dreaming about. Enjoy the outdoor fireplace, take in the views from the back patio, and an open lot next door imagine the possibilities. This home could use some fresh ideas and a little elbow grease, but for the right buyer, that is part of the charm. Whether you are a lover of historic homes, a hands-on homeowner, or someone looking for a project with character, this is your chance to make a little piece of history your own. Conveniently located near downtown Winchester, Sewanee, and the University of the South, this home is full of potential and ready for its next chapter. The character is here, just waiting for more memories to be made.

618 Cumberland St E, Cowan

$155,000

2 Beds ⋅ 1 Baths ⋅ 3610139 MLS ⋅ ACTIVE Status ⋅ 0.19 Acres ⋅ 37318 Zip Code

Looking for a move in ready home or excellent investment opportunity? This renovated home offers charm and convenience. Located just minutes for the University of the South in Sewanee. This home offers 2 bedrooms and 1 bath. The detached garage offers storage and parking. Roof is 2 years old and HVAC is brand new gas heat unit! Make your appointment today or it will be sold!

407 England St E, Cowan

$219,998

3 Beds ⋅ 2 Baths ⋅ 3597082 MLS ⋅ ACTIVE Status ⋅ 37318 Zip Code

Welcome to this newly constructed 3-bedroom, 2-bathroom home, where modern design meets everyday comfort. Start your mornings with a cup of coffee on the inviting front porch or wind down in the evening and enjoy the fresh air. Inside, an open-concept floor plan creates a seamless flow between the living and kitchen spaces, making everyday living and entertaining effortless. Sleek LVP flooring runs throughout the home, offering a stylish, modern look with the durability and easy maintenance today's lifestyle demands. Outside, the home pairs vinyl siding with stone accents for a fresh, timeless curb appeal. Conveniently located just moments from shopping, dining, and everyday amenities, this home offers the perfect blend of modern living and accessibility, all in a brand-new construction setting. The wrap-around porch is a possibility with an acceptable offer.

125 Front St N, Cowan

$269,000

3 Beds ⋅ 2 Baths ⋅ 3593901 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 0.54 Acres ⋅ 37318 Zip Code

Cottage 3 bedroom and 2 bath. Located in Cowan, conviently located between Winchester and Sewanee. Front Living Room offers ample space and fireplace. HW under carpet. A corner lot positions this home to capture valley and mountain views.Stonework and terraced lawn frame a fenced in side yard while a basement 1 car garage and full lower level add real usable space. Big eat in kitched is furnished with stove/oven dishwasher and fridge. Covered front entry. Freshly painted. New washer and dryer stay. Ample Knotty pine dining area with plenty of windows . Built in shelving offers extra storage. Call today for your appointment.

617 Cumberland St E, Cowan

$219,999

2 Beds ⋅ 1 Baths ⋅ 3592521 MLS ⋅ ACTIVE Status ⋅ 0.32 Acres ⋅ 37318 Zip Code

Nestled in the foothills of the Cumberland Plateau, this beautiful barndominium-style cabin offers a unique combination of rustic character, modern convenience, and easy living. Located in the historic town of Cowan, you’re just minutes from Sewanee, Tim’s Ford Lake, Twin Creeks Resort, and Nissan. Step inside and you’ll immediately notice the spacious feel created by the vaulted ceiling, natural pine accents, and exposed wood beams. This home offers comfortable one-level living that can work beautifully for a variety of lifestyles. The kitchen features stainless steel appliances and blends seamlessly with the open, inviting living space. Outside, enjoy a large backyard with plenty of room for your four-legged family members, entertaining, gardening, or simply relaxing and enjoying the peaceful days. Whether you’re looking for a full-time residence, a weekend getaway near the lake and mountains, or a low-maintenance home in a charming Tennessee community, this one is worth a look!

126 Walnut St, Cowan

$180,000

2 Beds ⋅ 1 Baths ⋅ 3592432 MLS ⋅ ACTIVE Status ⋅ 0.17 Acres ⋅ 37318 Zip Code

Remodeled home in the heart of Cowan. Maintenance free exterior, metal roof, covered porch, rear deck, and fenced backyard. 2 bedrooms 1 bath. Each room has its own air/heat mini split system. Fully furnished kitchen. Bedrooms are large. Thermo windows. Ready to move in.

104 Hodges St N, Cowan

$238,000

2 Beds ⋅ 1 Baths ⋅ 3541059 MLS ⋅ ACTIVE Status ⋅ 0.41 Acres ⋅ 37318 Zip Code

This nearly new, well-maintained home offers comfort, character, and convenience. Vaulted pinewood ceilings enhance the open layout and fill the space with natural light. The home features a spacious bathroom, generous closet space, and a thoughtfully designed kitchen equipped with stainless steel appliances. A 10x16 storage shed provides additional space for storage or hobbies. Enjoy scenic views from the private yard and the charm of small-town living, conveniently located just minutes from Tims Ford Lake. Move-in ready and ideal for those seeking a low-maintenance home close to outdoor recreation.

516 Davis St, Cowan

$349,900

3 Beds ⋅ 3 Baths ⋅ 3536700 MLS ⋅ ACTIVE Status ⋅ 0.78 Acres ⋅ 37318 Zip Code

Welcome to 205 Jackson St Cowan! This beautifully remodeled, one level home offers 3 bedrooms, 2.5 baths, and approximately 2,224 sq ft. Step inside to a spacious living room featuring an impressive vaulted ceiling that creates a bright open feel. What is not to love about new tile floors in kitchen and baths, butcher block counters, new vanities and paint throughout. This home includes a sun room and large bonus room, providing plenty of space for a family room, home office, game room or additional entertaining area. Sitting on approximately .78 acres, this property offers a generous fenced in back yard , 2 bay newly built shop and shed. This move in ready is one you won't want to miss!

205 Jackson St, Cowan

$345,900

5 Beds ⋅ 2 Baths ⋅ 3505808 MLS ⋅ ACTIVE Status ⋅ 0.25 Acres ⋅ 37318 Zip Code

Newly Remodeled 5BR/2BTH home right in the heart of Cowan TN. with a spacious backyard perfect for kids to play or entertaining family and friends..Storagebuilding conveys with the property. Located in a quiet neighborhood close to Restaurants local shops. Home does have a 27x14 unfinished basement. That SQFT is not included .

121 Popular St N, Cowan

$194,900

3 Beds ⋅ 2 Baths ⋅ 3285563 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 0.55 Acres ⋅ 37318 Zip Code

Completely remodeled 3 bedroom, 2 bath DE-TITLED MANF. HOME. Don't miss out on this one!! Freshly painted with updated kitchen and baths, 2-car attached carport, new lighting and plumbing fixtures, new flooring, new central heat & air, new roof, new deck, new int. and exterior doors, new gutters, new landscaping and driveway, new stainless appliances included. Large yard. MOVE-IN READY! Owner/Agent. Permanent foundation and home has been de-titled.

410 Franklin St, Cowan

$279,000

3 Beds ⋅ 2 Baths ⋅ 3262550 MLS ⋅ ACTIVE Status ⋅ 0.79 Acres ⋅ 37318 Zip Code

Welcome to this beautiful home in the heart of Cowan! Enjoy easy single-level living with an open layout, a 2-car garage, and a fantastic back deck to enjoy the spacious yard. Located on a quiet cul-de-sac just minutes from Downtown Winchester.

358 Bookout Ln, Cowan

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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.

37318 Homes under $400,000

Newest 37318 Homes under $400,000

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