Homes for Sale Under 500K in Monterey, TN

157 Homes for Sale

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Photo 3 of Single family home for sale at 175 Ridge Rd, Monterey, TN 38574 | MLS# 1353407 | Listing updated on 2026-08-27Photo 1 of Single family home for sale at 175 Ridge Rd, Monterey, TN 38574 | MLS# 1353407 | Listing updated on 2026-08-27Photo 2 of Single family home for sale at 175 Ridge Rd, Monterey, TN 38574 | MLS# 1353407 | Listing updated on 2026-08-27

$450,000

count-img 9

6Bds

2Ba

2,284sqft

Single family home for sale

175 Ridge Rd, Monterey, TN 38574

Triple C Realty & Auction, Llc, Listing provided by East Tennessee Realtors® Mls

Photo 3 of Single family home for sale at 16938 N Hwy 70, Monterey, TN 38574 | MLS# 1353514 | Listing updated on 2026-08-28Photo 1 of Single family home for sale at 16938 N Hwy 70, Monterey, TN 38574 | MLS# 1353514 | Listing updated on 2026-08-28Photo 2 of Single family home for sale at 16938 N Hwy 70, Monterey, TN 38574 | MLS# 1353514 | Listing updated on 2026-08-28

$409,900

count-img 8

--Bds

--Ba

1,856sqft

Single family home for sale

16938 N Hwy 70, Monterey, TN 38574

Tri-Star Real Estate & Auction, Listing provided by East Tennessee Realtors® Mls

Photo 3 of Single family home for sale at 359 E Cove Rd, Monterey, TN 38574 | MLS# 1317165 | Listing updated on 2026-09-24Photo 1 of Single family home for sale at 359 E Cove Rd, Monterey, TN 38574 | MLS# 1317165 | Listing updated on 2026-09-24Photo 2 of Single family home for sale at 359 E Cove Rd, Monterey, TN 38574 | MLS# 1317165 | Listing updated on 2026-09-24

$389,900

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3Bds

3Ba

2,130sqft

Single family home for sale

359 E Cove Rd, Monterey, TN 38574

Weichert, Realtors-The Webb Agency, Listing provided by East Tennessee Realtors® Mls

3D Tour3D Tour
Photo 3 of Single family home for sale at 190 Rhonda Pl, Monterey, TN 38574 | MLS# 1333933 | Listing updated on 2026-04-09Photo 1 of Single family home for sale at 190 Rhonda Pl, Monterey, TN 38574 | MLS# 1333933 | Listing updated on 2026-04-09Photo 2 of Single family home for sale at 190 Rhonda Pl, Monterey, TN 38574 | MLS# 1333933 | Listing updated on 2026-04-09

$279,900

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3Bds

2Ba

1,200sqft

Single family home for sale

190 Rhonda Pl, Monterey, TN 38574

Weichert, Realtors-The Webb Agency, Listing provided by East Tennessee Realtors® Mls

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Monterey, TN Housing Market Overview

Monterey is a balanced market, giving buyers and sellers room to negotiate. With 4.8 months of supply and homes averaging 119 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

119

Inventory

19

Sep 2021Apr 2024Mar 2026

Median Home Price

$256,450Down 0.49%

In Mar 2026 · YoY

Sep 2021Apr 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
19 Up 1.11%
Newly Listed Homes
7 Down 0.00%
Months of Supply
4.8 Down 4.20%

Housing Demand

Homes Sold
4 Up 3.00%
Sale-to-List Ratio
97.9% Down 2.09%
Homes Sold Above List
50% Up 50.00%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

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  • mls-img
    Based on information from the Knoxville Area Association of REALTORS MLS through Oct 10, 2026, 8:45 PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Knoxville Area Association of REALTORS® MLS. All Rights Reserved.

    Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com
    Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
  • mls-img
    Based on information from Realtracs® through Oct 10, 2026, 8:45 PM. Data courtesy of Realtracs® MLS as distributed by MLS GRID. Some IDX listings have been excluded from this website. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by Realtracs® MLS. © 2026 RealTracs Solutions. All Rights Reserved.

    Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com
    Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
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Monterey, TN Housing Marketlink qauare
Homes Available icon

157

Homes Available

Median List Price icon

$ 256,450

Median List Price

Avg on Market icon

119 Days

Avg on Market

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