Unshakable ZIP Data 38574 | Monterey, TN Housing Market
Monterey · Putnam County · Cookeville, TN metro · Tennessee · Data updated June 19, 2026
The median sale price in ZIP 38574, Monterey, Tennessee is $439,769 at $230 per square foot. 38 single-family homes sold in the latest period, up 73.2 percent from a year earlier. Homes sit a median of 124 days on market with 5.3 months of supply. Sellers are getting 96.2 percent of list price and 10.8 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $293,608 | |
| Average price per sq ft | $154 | |
| Median sale price | $439,769 | |
| Median sale price per sq ft | $230 | |
| Median home size | 1,910 sq ft | |
| Median new listing price | $485,748 | +5.6% |
| National size rank | 10,421 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 38 | +73.2% |
| Median days on market | 124 days | |
| Months of supply | 5.3 months | |
| New listings | 52 | +29.4% |
| Active listings | 106 | +38.1% |
| Pending sales | 39 | +37.6% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 96.2% | -1.9 pts |
| Share sold above list | 10.8% | +10.8 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$244,932
3-bedroom
$402,890
These figures describe the single-family market for Monterey, Tennessee ZIP 38574. They are market context, not a substitute for sold comps or a formal appraisal.