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Newest Homes for Sale in Monterey, TN

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  • /25

    $659,750 New Construction

    • 3 Beds
    • 2 Baths
    • 2,030 Sq Ft

    12 Pine Place, Monterey, TN 38574

    Built for the buyer who values above-average construction and energy efficiency on 3.5 ACRES. -LOW UTILITY BILLS- LOW MAINTENANCE! GAS APPLIANCES with 6 Burner Range, TANKLESS HOT WATER - SPRAY FOAM INSULATION WALLS & OVERHEAD- ENCAPSULATED CRAWL SPACE, -PELLA WINDOWS- METAL ROOF & COMPOSITE INSULATED SIDING. Perfectly positioned on LEVEL Cul-de-sac lot, this home offers 2030 sq ft of finished

    Keith McCoy Cumberland Mountain Realty

    12 Pine Place, Monterey, TN 38574
  • /2

    $119,900

    833 Little Hurricane Ln, Monterey, TN 38574

    Beautiful 5.02 acre level lot in well-maintained subdivision. Cleared building site. Partially wooded for added privacy. Ready to build your dream home. Conveniently located, just minutes from Cookeville, Monterey, Crossville, and Jamestown. Restrictions apply. Buyer to verify all information and measurements in order to make an informed offer.

    Shauna Jekabsons Crye-Leike Brown Executive Rea

    833 Little Hurricane Ln, Monterey, TN 38574
  • /22

    $299,900

    • 4 Beds
    • 2 Baths
    • 1,938 Sq Ft

    101 Greek Dr, Monterey, TN 38574

    PRICED $30,000 below appraisal, this lovely home is ready for its new owner! Lots of updates including flooring, windows, appliances plus washer and dryer. This home offers a great layout with 3bd/1 full bath on the main level, large eat in kitchen that is open to the living room. The upstairs has its own separate entrance with open loft layout with a full bath great for renting out. The backyard

    Lacy Smith Highlands Elite Real Estate Gainesboro

    101 Greek Dr, Monterey, TN 38574
  • /24

    $250,000

    • 2 Beds
    • 2 Baths
    • 1,421 Sq Ft

    706 Industrial Dr, Monterey, TN 38574

    Charming brick home in the heart of Monterey, TN offering the perfect blend of comfort and potential. This 2-bedroom, 2-full-bath residence features 1,421 sq ft of finished living space on the main floor with an open layout that's ideal for everyday living and entertaining. The unfinished 1,421 sq ft basement provides abundant opportunity for future expansion—perfect for a workshop, extra living

    Spencer Mason The Real Estate Collective

    706 Industrial Dr, Monterey, TN 38574
  • /69

    $849,000

    • 5 Beds
    • 4.5 Baths
    • 4,396 Sq Ft

    700 Falls Rd, Monterey, TN 38574

    Sellers are relocating—your opportunity is here! This custom-built gem sits on 8.8 wooded acres with a peaceful spring-fed pond and is loaded with upgrades. Inside you'll find hardwood floors, solid wood doors, granite countertops, stainless appliances, and a stunning floor-to-ceiling gas fireplace. Two main-level primary suites, a formal dining room, and a home office add to the appeal.

    Chena Morris THE REAL ESTATE COLLECTIVE

    700 Falls Rd, Monterey, TN 38574
  • /58

    $489,989

    • 5 Beds
    • 3 Baths
    • 2,526 Sq Ft

    503,505 S 503 S Pine St, Monterey, TN 38574

    Spacious Home on half of a city block, 1.38 acres. In the center of businesses development just off interstate 40. Ground floor, the Main living area, contains 1998 square feet. First floor contains Kitchen, Living Room, Dinning Room, Master Suite, 2 Full Bathrooms, Laundry Room, 2 bedrooms one has a full wall of built in bookcases and has been used as a home office.. Open unfinished basement

    Starlett Wessels Tri-star Real Estate & Auction Co.,

    503,505 S 503 S Pine St, Monterey, TN 38574
  • /4

    $45,000

    • Land
    • 4.1 Acres
    • $10,976 per Acre

    2156 Street Place Loop, Monterey, TN 38574

    A great opportunity to build your dream home in Cumberland Cove Community!

    Jessica Garrett Mighty Oaks Realty

    2156 Street Place Loop, Monterey, TN 38574
  • /17

    $79,900

    0 Street Place Loop Unit 1325092, Monterey, TN 38574

    This beautiful 4 Acre Wooded ''CREEK'' property is ready for your custom home. City Water,Fiber Optic Internet, Natural gas, Electric & Telephone are all available at the street. There are a few good building areas with one near the back of the lot close to one of the Cove's best creeks on this amazing property. Plenty of open land for your home, garages or RV Garage. The property is located in a

    Warren Schreier Cumberland Cove Real Estate

    0 Street Place Loop Unit 1325092, Monterey, TN 38574
  • /17

    $79,900

    • Land
    • 4 Acres
    • $19,975 per Acre

    0 Street Place Loop Unit RTC3070032, Monterey, TN 38574

    This beautiful 4 Acre Wooded ''CREEK'' property is ready for your custom home. City Water,Fiber Optic Internet, Natural gas, Electric & Telephone are all available at the street. There are a few good building areas with one near the back of the lot close to one of the Cove's best creeks on this amazing property. Plenty of open land for your home, garages or RV Garage. The property is located in a

    Warren Schreier Cumberland Cove Real Estate Inc

    0 Street Place Loop Unit RTC3070032, Monterey, TN 38574
  • /17

    $79,900

    • Land
    • 4 Acres
    • $19,975 per Acre

    Lot 9 Street Place Loop, Monterey, TN 38574

    This beautiful 4 Acre Wooded ''CREEK'' property is ready for your custom home. City Water,Fiber Optic Internet, Natural gas, Electric & Telephone are all available at the street. There are a few good building areas with one near the back of the lot close to one of the Cove's best creeks on this amazing property. Plenty of open land for your home, garages or RV Garage. The property is located in a

    Warren Schreier Cumberland Cove Real Estate, Inc.

    Lot 9 Street Place Loop, Monterey, TN 38574
  • /2

    $50,000

    • Land
    • 0.41 Acre
    • $123,051 per Acre

    00 Speck Ave, Monterey, TN 38574

    Located in the heart of Monterey, this level building lot offers an excellent opportunity to bring your vision to life. Whether you're considering a primary residence or investment property, enjoy the convenience of nearby local amenities while still appreciating the peaceful, small-town atmosphere Monterey is known for. With easy access and a desirable setting, this lot is a solid foundation for

    Kelly Morgan The Realty Firm

    00 Speck Ave, Monterey, TN 38574
  • /45

    $525,000 Open Sat 12PM - 2PM

    • 3 Beds
    • 2 Baths
    • 1,616 Sq Ft

    833 Dripping Springs Rd, Monterey, TN 38574

    Tucked away in the quaint town of Monterey, Tennessee, this stunning new construction home offers the perfect balance of refined finishes and peaceful country living. With 1,616 square feet, 3 bedrooms, and 2 bathrooms, every inch of this home has been thoughtfully designed for both comfort and style. Immaculate tile work and beautiful LVP flooring flow throughout, complemented by high-quality

    Savannah Chamberlain Keller Williams Realty DBA Cookeville RE Company

    833 Dripping Springs Rd, Monterey, TN 38574
  • /9

    $59,900

    0 Crest Rd Unit 1324956, Monterey, TN 38574

    This property is located in a quiet country setting on 4.1 wooded acres in Cumberland Cove. Great building sites for your Custom Dream Home on the properties flat to rolling terrain. City Water, Fiber Internet, Natural Gas, and electric are available at the street.3 Private parks for ''Cove Residents'' with Hiking Trails, Caves, Creeks, Waterfalls and Amazing Scenic Views. Close to Cookeviile and

    Warren Schreier Cumberland Cove Real Estate

    0 Crest Rd Unit 1324956, Monterey, TN 38574
  • /9

    $59,900

    • Land
    • 4.1 Acres
    • $14,610 per Acre

    0 Crest Rd Unit RTC3069137, Monterey, TN 38574

    This property is located in a quiet country setting on 4.1 wooded acres in Cumberland Cove. Great building sites for your Custom Dream Home on the properties flat to rolling terrain. City Water, Fiber Internet, Natural Gas, and electric are available at the street.3 Private parks for ''Cove Residents'' with Hiking Trails, Caves, Creeks, Waterfalls and Amazing Scenic Views. Close to Cookeviile and

    Warren Schreier Cumberland Cove Real Estate Inc

    0 Crest Rd Unit RTC3069137, Monterey, TN 38574
  • /9

    $59,900

    • Land
    • 4.1 Acres
    • $14,610 per Acre

    Lot 40 Crest Rd, Monterey, TN 38574

    This property is located in a quiet country setting on 4.1 wooded acres in Cumberland Cove. Great building sites for your Custom Dream Home on the properties flat to rolling terrain. City Water, Fiber Internet, Natural Gas, and electric are available at the street.3 Private parks for ''Cove Residents'' with Hiking Trails, Caves, Creeks, Waterfalls and Amazing Scenic Views. Close to Cookeviile and

    Warren Schreier Cumberland Cove Real Estate, Inc.

    Lot 40 Crest Rd, Monterey, TN 38574
  • /47

    $350,000

    • 2 Beds
    • 2 Baths
    • 896 Sq Ft

    1729 Huckleberry Rd, Monterey, TN 38574

    Welcome to your Special Cabin in the woods. This warm private 2 bedroom, 2 bath home on 4 aces. Large covered back porch. The home has a fireplace to warm up to on cozy nights. Custom interior with a large Prime Bedroom, walk-in shower, Metal roof. Plus there are no worries with a whole home generator. HVAC new in 2023. Basement on the lower level with Bathroom and work shop. If that's not enough

    Agent Photo

    Karen D'Agostino

    Crye-Leike Brown Realty

    (931) 202-3412

    1729 Huckleberry Rd, Monterey, TN 38574
  • /17

    $67,700

    4 ACRES E Overlook Rd, Monterey, TN 38574

    This lovely four-acre property, situated in Putnam County within the desirable Cumberland Cove community, offers a country setting surrounded by woods for enhanced privacy and a creek that meanders along the back of the land. This community provides an ideal balance between peaceful living and accessibility, being only 20 minutes from Cookeville and Crossville. Residents of Cumberland Cove can

    Vickie Loftis American Way Real Estate Co.

    4 ACRES E Overlook Rd, Monterey, TN 38574
  • /60

    $585,000

    • 3 Beds
    • 3.5 Baths
    • 2,595 Sq Ft

    611 Dripping Springs Rd, Monterey, TN 38574

    Welcome to 611 Dripping Springs Rd, Monterey, TN — a beautiful, nearly new home offering space, privacy, and convenience on 5.23 unrestricted acres. This 2,595 sq ft residence features 3 bedrooms, 3.5 bathrooms, a large bonus room, and a 3-car garage, providing flexibility for everyday living, entertaining, or working from home. Inside, you'll find quality craftsmanship throughout, highlighted by

    Keith McCoy Cumberland Mountain Realty

    611 Dripping Springs Rd, Monterey, TN 38574
  • /27

    $529,900

    • 3 Beds
    • 2.5 Baths
    • 4,028 Sq Ft

    416 Walker Hollow Dr, Monterey, TN 38574

    Tucked away on 8+ private acres in Monterey, this spacious 3BR/2.5BA home offers a flexible layout with multiple living areas, an eat-in kitchen, and formal dining—plus an unfinished basement for storage or future expansion. Major improvements have already been completed, making this a strong option for buyers using most financing: a new architectural-shingle roof, new gutters, exterior

    Agent Photo

    Christy Cj Pace

    Pace Probity Asset Management

    (931) 404-4824

    416 Walker Hollow Dr, Monterey, TN 38574
  • /6

    $29,999

    • Land
    • 2 Acres
    • $15,000 per Acre

    0 Anne Rd Unit RTC3067655, Monterey, TN 38574

    Welcome to peaceful Cumberland Lakes! This beautiful wooded lot offers a great possible building opportunity with a serene country setting within a private, well-maintained community. Enjoy access to two private lakes with boat ramps for electric-powered boats, kayaks, and canoes, along with parks, picnic areas, and a community clubhouse. There are restrictions to help preserve the quality of the

    David Eldridge THE REAL ESTATE COLLECTIVE

    0 Anne Rd Unit RTC3067655, Monterey, TN 38574
  • /17

    $67,700

    • Land
    • 4 Acres
    • $16,925 per Acre

    Lot 14 E Overlook Rd, Monterey, TN 38574

    This lovely four-acre property, situated in Putnam County within the desirable Cumberland Cove community, offers a country setting surrounded by woods for enhanced privacy and a creek that meanders along the back of the land. This community provides an ideal balance between peaceful living and accessibility, being only 20 minutes from Cookeville and Crossville. Residents of Cumberland Cove can

    Vickie Loftis American Way Real Estate

    Lot 14 E Overlook Rd, Monterey, TN 38574
  • /17

    $67,700

    • Land
    • 4 Acres
    • $16,925 per Acre

    0 E Overlook Rd Unit RTC3067659, Monterey, TN 38574

    This lovely four-acre property, situated in Putnam County within the desirable Cumberland Cove community, offers a country setting surrounded by woods for enhanced privacy and a creek that meanders along the back of the land. This community provides an ideal balance between peaceful living and accessibility, being only 20 minutes from Cookeville and Crossville. Residents of Cumberland Cove can

    Vickie Loftis American Way Real Estate

    0 E Overlook Rd Unit RTC3067659, Monterey, TN 38574
  • /6

    $29,999

    • Land
    • 2 Acres
    • $15,000 per Acre

    0 Anne Rd Unit 1324707, Monterey, TN 38574

    Welcome to peaceful Cumberland Lakes! This beautiful wooded lot offers a great possible building opportunity with a serene country setting within a private, well-maintained community. Enjoy access to two private lakes with boat ramps for electric-powered boats, kayaks, and canoes, along with parks, picnic areas, and a community clubhouse. There are restrictions to help preserve the quality of the

    David Eldridge The Real Estate Collective

    0 Anne Rd Unit 1324707, Monterey, TN 38574
  • /6

    $29,999

    • Land
    • 2 Acres
    • $15,000 per Acre

    Lot 8 Anne Rd, Monterey, TN 38574

    Welcome to peaceful Cumberland Lakes! This beautiful wooded lot offers a great possible building opportunity with a serene country setting within a private, well-maintained community. Enjoy access to two private lakes with boat ramps for electric-powered boats, kayaks, and canoes, along with parks, picnic areas, and a community clubhouse. There are restrictions to help preserve the quality of the

    David Eldridge The Real Estate Collective

    Lot 8 Anne Rd, Monterey, TN 38574
  • /20

    $69,900

    • Land
    • 5 Acres
    • $13,980 per Acre

    0 Cumberland Cove Rd Unit RTC3066539, Monterey, TN 38574

    5 AC surveyed with a spectacular bluff / scenic view! Designer Acreage of totally mature wooded grounds with wildlife, with a mixture of terrain and a country setting. Modest restrictions to protest the value of your property and your dream home. This Quiet, Peaceful, Park-like setting is the perfect setting for your "Dream Home." You can view the variety of wildlife from your back deck as they

    Debra Dodd No 1 Quality Realty

    0 Cumberland Cove Rd Unit RTC3066539, Monterey, TN 38574
  • /24

    $69,900

    Lot 23 Cumberland Cove Rd, Monterey, TN 38574

    5 AC surveyed with a spectacular bluff / scenic view! Designer Acreage of totally mature wooded grounds with wildlife, with a mixture of terrain and a country setting. Modest restrictions to protest the value of your property and your dream home. This Quiet, Peaceful, Park-like setting is the perfect setting for your ''Dream Home.'' You can view the variety of wildlife from your back deck as they

    Debra Dodd No 1 Quality Realty

    Lot 23 Cumberland Cove Rd, Monterey, TN 38574
  • /2

    $47,000

    • Land
    • 4 Acres
    • $11,750 per Acre

    Lot 5 W Laurel Way, Monterey, TN 38574

    Discover an exceptional opportunity to build your home on a private 4.0-acre lot in the deed-restricted Cumberland Cove Subdivision. This peaceful community offers exclusive access to four private parks featuring hiking trails, waterfalls, scenic overlooks, and caves. Residents enjoy both tranquility and active outdoor recreation, with convenient access to Cookeville and Crossville (25 minutes

    Stacey Pehl LPT Realty, LLC

    Lot 5 W Laurel Way, Monterey, TN 38574
  • /2

    $47,000

    • Land
    • 4 Acres
    • $11,750 per Acre

    5 W Laurel Way, Monterey, TN 38574

    Discover an exceptional opportunity to build your home on a private 4.0-acre lot in the deed-restricted Cumberland Cove Subdivision. This peaceful community offers exclusive access to four private parks featuring hiking trails, waterfalls, scenic overlooks, and caves. Residents enjoy both tranquility and active outdoor recreation, with convenient access to Cookeville and Crossville (25 minutes

    Stacey Pehl LPT Realty LLC

    5 W Laurel Way, Monterey, TN 38574
  • /18

    $329,900

    • 2 Beds
    • 1 Bath
    • 729 Sq Ft

    229 Craig Rd, Monterey, TN 38574

    Imagine a place where tranquility meets functionality, nestled within the embrace of nature—a home that's more than just a residence, it's an experience waiting to be discovered. Welcome to your private sanctuary, set on approximately 8.52 acres of picturesque land. This nature lover's paradise offers expansive green spaces and breathtaking views, providing a serene retreat from daily life.

    Tammy Price Tri-Star Real Estate & Auction

    229 Craig Rd, Monterey, TN 38574
  • /18

    $154,929

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft

    2783 Hillwood St, Monterey, TN 38574

    Ranch home on a corner lot right outside of Monterey City Limits waiting for your personal touches. This home has been updated with paint, some of the lines now PEX, and trim within the last couple years, but still needs some flooring finished in one of the guest rooms as well as the 2nd bathroom. You have a fenced front yard that leads to a covered porch. Inside you have LVP flooring and a split

    Heather Skender-Newton Skender-Newton Realty

    2783 Hillwood St, Monterey, TN 38574
  • /3

    $70,000

    • Land
    • 4.8 Acres
    • $14,583 per Acre

    29 Crest Rd, Monterey, TN 38574

    Build Your Dream Home in Cumberland Cove! Enjoy a quiet, spacious 4.8-acre cul-de-sac lot in the deed-restricted Cumberland Cove Subdivision, offering privacy and a peaceful neighborhood.Residents have access to four private parks with hiking trails, waterfalls, overlooks, and caves for outdoor recreation.Cumberland Cove suits both active and tranquil lifestyles—you can explore nature or relax at

    Stacey Pehl LPT Realty LLC

    29 Crest Rd, Monterey, TN 38574
  • /6

    $63,600

    • Land
    • 5.3 Acres
    • $12,000 per Acre

    9 Hwy 70 N, Monterey, TN 38574

    Public Remarks: Build your dream home on 5.3 acres in the beautiful Cumberland Cove Subdivision. Cumberland Cove is a deed restricted community. Cumberland Cove provides the community with four private parks full of hiking trails that are complete with waterfalls, overlooks, and caves. Be as active as you want to be or live in solitude, the choice is yours. Just 25 minutes to Cookeville or

    Stacey Pehl LPT Realty LLC

    9 Hwy 70 N, Monterey, TN 38574
  • /2

    $25,000

    • Land
    • 3.1 Acres
    • $8,065 per Acre

    21 Bent Tree Rd, Monterey, TN 38574

    Build Your Dream Home on this Gorgeous 3.1-Acre Wooded Homesite in Prestigious Cumberland Cove - Tucked Away on a Quiet Cul-de-Sac with Multiple Gentle Building Sites!Imagine waking up every morning surrounded by towering hardwoods, listening to the whisper of the wind through the trees and the gentle trickle of nearby creeks. This is peaceful, private, plateau living at its very finest. City

    Agent Photo

    Victoria Carmack

    1 Source Realty Pros

    (931) 813-9677

    21 Bent Tree Rd, Monterey, TN 38574
  • /2

    $25,000

    lot 21 Bent Tree, Monterey, TN 38574

    Build Your Dream Home on this Gorgeous 3.1-Acre Wooded Homesite in Prestigious Cumberland Cove - Tucked Away on a Quiet Cul-de-Sac with Multiple Gentle Building Sites!Imagine waking up every morning surrounded by towering hardwoods, listening to the whisper of the wind through the trees and the gentle trickle of nearby creeks. This is peaceful, private, plateau living at its very finest. City

    Agent Photo

    Victoria Carmack

    1 Source Realty Pros

    (931) 369-3078

    lot 21 Bent Tree, Monterey, TN 38574
  • /43

    $844,929

    • 4 Beds
    • 2.5 Baths
    • 2,908 Sq Ft

    10739 Monterey Hwy, Monterey, TN 38574

    Approx 4000 sq ft of craftsmanship in this exceptional custom-built home, ideally situated just 90 miles from Nashville and 80 miles from Knoxville—perfect for commuters seeking both convenience and tranquility. Step onto the inviting wrap-around porch, where every detail invites relaxation and connection with nature. Inside, you'll find four spacious bedrooms plus a versatile bonus room,

    Heather Skender-Newton Skender-Newton Realty

    10739 Monterey Hwy, Monterey, TN 38574
  • /6

    $675,000

    • Land
    • 29.5 Acres
    • $22,881 per Acre

    0 Highway 70 N Unit 1323823, Monterey, TN 38574

    This picturesque property is in a great location. It is just outside of Monterey on State Highway 70, halfway between Cookeville and Crossville, and in between Nashville, Chattanooga, and Knoxville. The property has gentle rolling ground with lots of possibilities, from a small farm, to industrial. It is partially cleared and wooded, with approximately 9 acres cleared. It is ready for your dream

    Lisa Cantrell Triple C Realty & Auction, LLC

    0 Highway 70 N Unit 1323823, Monterey, TN 38574
  • /43

    $350,000

    • 3 Beds
    • 3.5 Baths
    • 3,476 Sq Ft

    221 Craig Rd, Monterey, TN 38574

    LARGE MULTI GENERATIONAL HOME. APPROX 3476 SQ, FEET. SITS ON. APPROX 5 ACRES WITH POND. PRIVATE, LOTS OF WILDLIFE. LARGE FRONT PORCH. MANY UPDATES.

    Tammy Price Tri-Star Real Estate & Auction

    221 Craig Rd, Monterey, TN 38574
  • /33

    $219,900

    • 3 Beds
    • 2 Baths
    • 1,980 Sq Ft

    1047 Phillips Dr, Monterey, TN 38574

    This move-in ready home sits just outside of town and offers a quiet, private yard with a covered porch perfect for relaxing. Inside the home, the spacious common areas provide plenty of room to spread out. Items to remain in the home include all new appliances, washer, and dryer. Recent updates include new kitchen cabinets, a new shower in the master bath, and a new shower and vanity in the

    Elijah Castelli Elevate Real Estate

    1047 Phillips Dr, Monterey, TN 38574
  • /27

    $209,000

    • 3 Beds
    • 2 Baths
    • 1,736 Sq Ft

    18726 Clarkrange Hwy, Monterey, TN 38574

    This charming mobile home offers 1,736 sq.ft of comfortable living on a permanent foundation, situated just minutes from Downtown Monterey on 1.1 acres of land that borders a creek. Featuring 3 bedrooms, 2 bathrooms, a spacious kitchen, a large master bath with a garden tub, stand-up shower, and walk-in closet, it's perfect for relaxing and entertaining. Recent updated include a new roof and

    Krystal Newberry CENTURY 21 Realty Group, LLC

    18726 Clarkrange Hwy, Monterey, TN 38574
  • /3

    $59,950

    • Land
    • 1.1 Acres
    • $54,500 per Acre

    1479 Bee Rock Rd, Monterey, TN 38574

    Discover the perfect place to build your dream home! 1.1 unrestricted lot offers endless possibilities -bring your basement plans, tiny home, manufacturedhome, RV, or your own custom design. City water and electricity available at the road. Minutes to I-40 East/West, offering quick access to Cookeville, Crossbille and 90 miles to Nashville or Knoxville.

    Sarah Davis American Way Real Estate

    1479 Bee Rock Rd, Monterey, TN 38574

Showing Results 1 - 40, Page 1 of 7

Frequently Asked Questions

What is the average home price in Monterey, TN?
Homes for sale in Monterey, TN have an average home price of $306,412.
Are home prices dropping in Monterey?
Yes, home prices in Monterey are down 14% in the last 12 months.
How many homes have sold over the last 12 months in Monterey, TN?
30 homes have sold in Monterey, TN over the last 12 months.
What are the most popular zip codes in Monterey, TN?
The most popular zip codes in Monterey, TN include 38574, 38674, 38506, 38583 and 38554.
How much do you need to make to afford a house in Monterey?
The median home price in Monterey is $299,900. If you put a 20% down payment of $60,000 and had a 30-year fixed mortgage with an interest rate of 6.15%, your estimated principal and interest payment would be $1,460 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $63K a year to afford the median home price in Monterey. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Monterey, TN?
Monterey, TN has highly rated public and private schools. Some of the best schools in Monterey based on Niche Grades are Heritage Academy, Burks Elementary School and Monterey High School. Browse all the schools in Monterey, TN to learn more.

Home Trends in Monterey, TN

Housing Trends

Median Sale Price
$277,000
Median Single Family Sale Price
$280,000
Average Price Per Sq Ft
$166
Number of Homes for Sale
13
Last 12 months Home Sales
30
Months of Supply
5.20
Median List Price
$299,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
11%
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