The median home in Monterey, Tennessee is valued at $278,504, up 3.8% year over year. Monterey is part of the Cookeville, TN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$278,504

+3.8%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$55,701 on $278,504

Example: $75,000 household income. Change it above to see your own.

Affordable27.8% of income

Under the 28% guideline.

PITI$1,740

P/I27.8%

Afford$280K

Room+$2K

P&I $1,408Tax $165Ins $167

6.50% 30yr, 20% down, county tax + TN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Tennessee

Compare Monterey with other housing markets across Tennessee.

Brentwood$1.39M College Grove$1.23M Arrington$1.13M Lookout Mountain$977K Franklin$904K Nolensville$819K Thompsons Station$728K Eads$681K

Full Cookeville, TN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Cookeville, TN metro.

View Cookeville, TN metro

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Monterey, TN