Call or Text (240) SELL-123

MONTEREY, TN 38574

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

Market Overview

Active Listings
62
⇧ 55% vs 40 last year
Pending
15
24% pending ratio
Median Price
$425,000
⇩ 12% vs $483,000 last year
Average Price
$462,259
⇩ 2.6% vs $474,569 last year
Days on Market
85
⇧ 13.3% vs 75 days last year

Market Context

Population: 8,602  ·  Density: 19.6/mi²  ·  Median household income: $49,404

Typical home value: $164,423  ·  Homeownership: 75.6%

Market Analysis

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

The MONTEREY, TN real estate market (38574) currently shows 62 active listings, with 15 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 85 days on market compared to 75 days last year.

The median listing price has fallen 12% year-over-year, from $483,000 to $425,000.

Whether you are buying or selling in MONTEREY, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MONTEREY, TN 38574 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 62 this year vs 40 last year
  • Days on market: 85 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $425,000 (-12% YoY)
  • Average: $462,259 (-2.6% 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 28.2 miles — 544 listings ($267,593,289 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38574Monterey, TN 385740.0 mi62$28,660,058$425,000$462,259
38580Rickman, TN 3858010.2 mi16$6,236,864$365,000$389,804
38589Wilder, TN 3858913.0 mi1$179,900$179,900$179,900
38571Crossville, TN 3857113.3 mi107$60,746,468$385,000$567,724
38543Alpine, TN 3854316.6 mi8$2,507,040$249,900$313,380
38583Sparta, TN 3858318.0 mi175$81,956,175$339,900$468,321
38572Crossville, TN 3857221.0 mi99$47,836,206$359,500$483,194
37726Deer Lodge, TN 3772622.0 mi14$7,855,960$449,000$561,140
38573Monroe, TN 3857324.1 mi16$12,235,888$448,400$764,743
38568Hilham, TN 3856824.5 mi20$6,545,960$268,465$327,298
38545Bloomington Springs, TN 3854525.0 mi4$2,423,900$487,450$605,975
38541Allons, TN 3854127.5 mi8$2,778,744$350,000$347,343
38559Doyle, TN 3855928.2 mi14$7,630,126$367,700$545,009

Frequently Asked Questions

How many homes are for sale in MONTEREY, TN 38574?

As of January 2026, there are 62 active listings in MONTEREY, TN (zip code 38574), compared to 40 the prior year.

What is the median home price in MONTEREY, TN 38574?

The median listing price in MONTEREY, TN 38574 is $425,000 as of January 2026, a 12% decrease from $483,000 the prior year.

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

Homes in MONTEREY, TN 38574 spend an average of 85 days on the market before going under contract, compared to 75 days the prior year.

Is it a seller's or buyer's market in MONTEREY, TN 38574?

Based on current inventory and days-on-market data as of January 2026, MONTEREY, TN 38574 is currently a Buyer's Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 75 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MONTEREY, TN 38574 save an estimated $8,500 compared to a typical 5% commission on the median listing price of $425,000. 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.