Monterey, TN Housing Market
The Monterey housing market is somewhat competitive. The median sale price of a home in Monterey was $228K last month, down 19.3% since last year. The median sale price per square foot in Monterey is $183, down 10.1% since last year.
Monterey Housing Market Trends
In December 2023, Monterey home prices were down 19.3% compared to last year, selling for a median price of $228K.
since last year
since last year
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How hot is the Monterey housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 56 days.
- Hot homescan sell for around list price and go pending in around 42 days.
Monterey Migration & Relocation Trends
Home offer insights for Monterey
Recent offers
View houses in Monterey that sold recently
Recently sold homes
- $50,000 Last Sold Price—beds—baths—sq ftReeves Rd, Monterey, TN 38574List Price$50,000Sale to List0% over listDays on Market16 daysReeves Rd, Monterey, TN 38574
- $45,000 Last Sold Price—beds—baths—sq ftCumberland Cove Rd, Monterey, TN 38574List Price$49,000Sale to List8% under listDays on Market199 daysCumberland Cove Rd, Monterey, TN 38574
- $50 Last Sold Price—beds—baths—sq ft0 Reeves Rd, Monterey, TN 38574List Price$50,000Sale to List100% under listDays on Market16 days0 Reeves Rd, Monterey, TN 38574
- $45,000 Last Sold Price—beds—baths—sq ftTract 10 Cumberland Cove Rd, Monterey, TN 38574List Price$49,000Sale to List8% under listDays on Market199 daysTract 10 Cumberland Cove Rd, Monterey, TN 38574
- Sign in for price Last Sold Price—beds—baths—sq ftLot 15 Poston Pl, Monterey, TN 38574Days on Market—Lot 15 Poston Pl, Monterey, TN 38574
- $20,290,000 Last Sold Price0 beds—baths—sq ft1 Monterey Hwy, Monterey, TN 38574List Price$25,748,000Sale to List21% under listDays on Market—1 Monterey Hwy, Monterey, TN 38574
- $325,000 Last Sold Price3 beds2 baths2,200 sq ft1215 E Commercial Ave, Monterey, TN 38574List Price$329,000Sale to List1% under listDays on Market—1215 E Commercial Ave, Monterey, TN 38574
- $560,000—beds2 baths2,459 sq ft27 Cowpens Pl, Monterey, TN 38574Days on Market—27 Cowpens Pl, Monterey, TN 38574
See all recently sold homes in Monterey.
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Schools in Monterey
- Elementary
- Middle
- High
GreatSchools Rating
5/10 Burks Middle School Public • PreK-6 | 480 Students | N/A |
Climate's impact on Monterey housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Monterey.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Moderate
Heat Factor
Transportation in Monterey
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