38574 Real Estate Market

38574 Market

The median sale price for homes in 38574 over the last 12 months is $82,500.


The median mortgage debt is $60,353.

Additional Statistics for Single Family Homes and Condos in Monterey, TN
$179,000
Median Listing Price
99
Median Days on Market
61
Active Listings
4.9%
Distressed Listings
(foreclosures and short sales)
38574 (Monterey, TN) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Monterey is $179,000.

The price per square foot for listings in this area is $102.

The median sale price in January for single family homes is $159,000. The sale prices increased by 29.26% from the previous month.

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38574 (Monterey, TN) Market Inventory Trends

The number of active listings in Monterey increased by 1.7% from the previous month.

The median number of days active properties have been listed is 99.

The number of sales in January dropped by 83.3% from the previous month.

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38574 (Monterey, TN) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.