Monterey, TN—38574
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$294,000
5.5% YoY Growth
Household Income
$52,000
43.1% YoY Growth
Days on Market
64
10.0% Longer YoY
Home Price Forecast
1.2%
Median Rent
$575
68.0% YoY Growth
1-Bed Rent
$575
8.0% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,000
N/A
Home Price Trends — Monterey, TN
As of May '26, the median home price in Monterey, TN is $294,000, with a year-over-year change of 5.5%. This indicates that home prices in Monterey, TN are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $294,000 | 5.5% |
| Single Family | $294,000 | 6.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |