Housing market · ZIP 38574

Monterey, TN Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$287,534

3-month+2.5%

6-month+3.2%

12-month+5.8%

Touse 12-month forecast

+2.6%

Projected median near $294,963 over the next 12 months

As of April 2026, the median home value in Monterey, TN (ZIP 38574) is $287,534. Prices are rising, up 5.8% over the past year. Touse's model projects a +2.6% change over the next 12 months, putting the median near $294,963.

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Nearby areas in Putnam

Cookeville 38501 Cookeville 38502 Cookeville 38503 Cookeville 38505 Cookeville 38506 Baxter 38544 Bloomington Springs 38545 Buffalo Valley 38548

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.