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TN area data

Monterey, TN

Monterey, TN.

Population: 9,079 (Census ACS)

Home values & appreciation

Median home value
$297,481
1-year appreciation
+4.8%
3-year appreciation
+13.3%
5-year appreciation
+35.3%
10-year appreciation
+118.2%
All-time peak (2026-05)
$298,350
House Price Index
475.9 (+0.5% YoY)

Market activity

Median sale price
$439,900
Median list price
$479,900
Median days on market
124 days
Sale-to-list ratio
96.2%
Active listings
62
1-year forecast
+2.0%
New listings (monthly)
17

Rents

2-bedroom fair-market rent (HUD reference)
$1,160/mo
3BR fair-market rent
$1,508/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$11.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
lightning, coldWave, iceStorm, strongWind, tornado
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
55.0°F
Average high
65.0°F
Average low
45.3°F
Annual precipitation
61.1 in

Air quality

Air quality rating
Good
Median AQI (annual)
38
Days with Good air quality
258

Walkability & transit

Walkability index
4.2 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Obed Wild & Scenic River (35 mi)
Nearest airport
Carey Airport (8 mi)
Nearest major airport
Crossville Memorial Airport Whitson Field (CSV) (16 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Migration

Net migration
+331 tax filers

Housing stock

Median year housing built
1,991
Median annual property tax
$909
Mean commute to work
23 min
Households with broadband internet
67.2%

Employment & development

Total county employment
30,951
Average weekly wage
$903
Top industries (by employment)
Accommodation & Food, Health Care, Construction
Annual residential building permits (county)
592

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents