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MONROE, TN 38573

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

Market Analysis

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

The MONROE, TN real estate market (38573) currently shows 21 active listings, with 2 pending sales. Homes are averaging 136 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 136 days on market compared to 55 days last year.

The median listing price has fallen 1% year-over-year, from $382,415 to $378,500.

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 Context

Market Context

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

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

Market Overview

Active Listings
21
⇧ 61.5% vs 13 last year
Pending
2
10% pending ratio
Median Price
$378,500
⇩ 1% vs $382,415 last year
Average Price
$670,694
⇩ 14.4% vs $783,702 last year
Days on Market
136
⇧ 147.3% vs 55 days last year

Price Per Square Foot

Median $/sqft
$221
⇩ 6.4% vs $236/sqft last year
Median Home Size
1,684 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 13 last year
  • Days on market: 136 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $378,500 (-1% YoY)
  • Average: $670,694 (-14.4% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.9 miles — 373 listings ($173,534,909 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38573Monroe, TN 385730.0 mi17$13,064,551$447,900$768,503
38541Allons, TN 385417.1 mi8$3,083,288$417,000$385,411
38570Livingston, TN 385709.6 mi44$16,693,160$292,950$379,390
38580Rickman, TN 3858015.3 mi15$5,848,005$375,500$389,867
38577Pall Mall, TN 3857716.0 mi3$1,362,000$454,000$454,000
38554Crawford, TN 3855416.8 mi10$4,299,270$338,475$429,927
42602Albany, KY 4260217.4 mi47$14,325,506$253,450$304,798
42151Hestand, KY 4215121.9 mi2$560,000$280,000$280,000
42603Alpha, KY 4260323.1 mi1$265,000$265,000$265,000
38575Moss, TN 3857523.6 mi1$475,000$475,000$475,000
38506Cookeville, TN 3850624.5 mi180$93,869,820$429,450$521,499
38562Gainesboro, TN 3856226.3 mi38$16,268,864$354,248$428,128
38588Whitleyville, TN 3858827.9 mi7$3,420,445$428,682$488,635

Frequently Asked Questions

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

As of March 2026, there are 21 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 $378,500 as of March 2026, a 1% decrease from $382,415 the prior year.

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

Homes in MONROE, TN 38573 spend an average of 136 days on the market before going under contract, compared to 55 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 March 2026, MONROE, TN 38573 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 136 days on market compared to 55 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 $7,570 compared to a typical 5% commission on the median listing price of $378,500. 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.