Monterey TN Multi Family for Sale

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Monterey Real Estate

The median home value in Monterey, TN is $375,464. This is higher than the county median home value of $264,800. The national median home value is $338,100. The average price of homes sold in Monterey, TN is $375,464. Approximately 39.53% of Monterey homes are owned, compared to 46.17% rented, while 14.3% are vacant. Monterey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Monterey real estate agent to arrange a tour today!

Monterey, Tennessee has a population of 2,746. Monterey is more family-centric than the surrounding county with 41.5% of the households containing married families with children. The county average for households married with children is 26.25%.

The median household income in Monterey, Tennessee is $33,985. The median household income for the surrounding county is $49,228 compared to the national median of $69,021. The median age of people living in Monterey is 27.4 years.

Monterey Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 24.6 degrees. The average rainfall is approximately 58.1 inches per year, with 13.7 inches of snow per year.

Monterey Real Estate Market Conditions

  • Median sales price

    $375,464
    25.2% change since last quarter
  • # Active listings

    142
    30-day change

Monterey Schools and Demographics

Education near Monterey, TN

Metric City County
High School Graduates 71.82 88.88
College Degree - 2 year 7.89 5.82
College Degree - 4 year 5.44 26.62
Graduate Degree 1.39 6.82
Expenditures per Student 9,417 9,417
Students per Teacher 15.5 15.5

Elementary Schools near Monterey, TN

School Grades Students P/T Ratio ZIP
Algood Elementary KG - 04 547 15.6 38506
Burks Elementary KG - 08 646 16.6 38574
Pleasant Hill Elementary School PK - 08 542 14.8 38578
Prescott South Elementary PK - 04 555 17.6 38506
Rickman Elementary School PK - 08 681 15.8 38580
Wilson Elementary School PK - 08 198 14.1 38554

Middle Schools near Monterey, TN

School Grades Students P/T Ratio ZIP
Algood Middle School 05 - 08 796 16.9 38506
Prescott South Middle School 05 - 08 750 17.6 38506

High Schools near Monterey, TN

School Grades Students P/T Ratio ZIP
Monterey High School 08 - 12 363 16.5 38574

Ungraded Schools near Monterey, TN

School Grades Students P/T Ratio ZIP
* Putnam County Adult High School 09 - 12 0 0 38506
Vital: Upper Cumberland E-Learning Network PK - 12 9 4.5 38506
White Plains Academy 04 - 12 64 6.4 38506

Demographics near Monterey, TN

Metric City County
Neighborhood Type Small town
Population 2,746 78,955
Population Density 907 197
Median Age 27.4 36.4
People per Household 3.2 2.4
Median Household Income 33,985 49,228
Average Income per Capita 14,999 26,602