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MONROE, TN 38573

Real Estate Market Report  ·  Overton County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
16
⇧ 23.1% vs 13 last year
Pending
1
6% pending ratio
Median Price
$448,400
⇩ 27.8% vs $621,000 last year
Average Price
$764,743
⇩ 27.1% vs $1,048,707 last year
Days on Market
145
⇧ 51% vs 96 days last year

Market Context

Population: 1,958  ·  Density: 11.3/mi²  ·  Median household income: $57,734

Typical home value: $153,993  ·  Homeownership: 84.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MONROE, TN real estate market (38573) currently shows 16 active listings, with 1 pending sales. Homes are averaging 145 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 145 days on market compared to 96 days last year.

The median listing price has fallen 27.8% year-over-year, from $621,000 to $448,400.

Whether you are buying or selling in MONROE, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 16 this year vs 13 last year
  • Days on market: 145 now vs 96 last year

Median & Average Pricing

Year over Year
  • Median: $448,400 (-27.8% YoY)
  • Average: $764,743 (-27.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.9 miles — 367 listings ($164,805,886 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38573Monroe, TN 385730.0 mi16$12,235,888$448,400$764,743
38541Allons, TN 385417.1 mi8$2,778,744$350,000$347,343
38570Livingston, TN 385709.6 mi45$16,537,050$300,000$367,490
38580Rickman, TN 3858015.3 mi16$6,236,864$365,000$389,804
38577Pall Mall, TN 3857716.0 mi5$1,646,125$209,000$329,225
38554Crawford, TN 3855416.8 mi7$3,403,582$360,000$486,226
42602Albany, KY 4260217.4 mi45$14,847,885$279,000$329,953
42151Hestand, KY 4215121.9 mi2$629,000$314,500$314,500
42603Alpha, KY 4260323.1 mi1$265,000$265,000$265,000
38575Moss, TN 3857523.6 mi1$153,750$153,750$153,750
38506Cookeville, TN 3850624.5 mi171$84,572,838$415,000$494,578
38562Gainesboro, TN 3856226.3 mi42$17,680,320$362,000$420,960
38588Whitleyville, TN 3858827.9 mi8$3,818,840$357,450$477,355

Frequently Asked Questions

How many homes are for sale in MONROE, TN 38573?

As of January 2026, there are 16 active listings in MONROE, TN (zip code 38573), compared to 13 the prior year.

What is the median home price in MONROE, TN 38573?

The median listing price in MONROE, TN 38573 is $448,400 as of January 2026, a 27.8% decrease from $621,000 the prior year.

How long do homes stay on the market in MONROE, TN?

Homes in MONROE, TN 38573 spend an average of 145 days on the market before going under contract, compared to 96 days the prior year.

Is it a seller's or buyer's market in MONROE, TN 38573?

Based on current inventory and days-on-market data as of January 2026, MONROE, TN 38573 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 145 days on market compared to 96 days last year.

How much can I save on real estate commission in MONROE, TN?

With SELL123.com's maximum 3% commission, sellers in MONROE, TN 38573 save an estimated $8,968 compared to a typical 5% commission on the median listing price of $448,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.