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Updated May 2026 · Redfin · 3-month window

38574 Real Estate Market Update: Monterey, TN, May 2026

The latest housing-market numbers for ZIP code 38574 in Monterey, Tennessee, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 38574 · Monterey, TN · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$440K▲ +1.8%▲ +7.3%
Days on market124• 0.0%▲ +20.4%
Homes for sale62▲ +6.9%▲ +14.8%
Sale-to-list96.2%▼ -1.2%▼ -1.9%
Homes sold37▲ +27.6%▲ +60.9%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 38574 numbers say

Prices in Monterey's 38574 ZIP are still climbing. The median sale price reached $439,900, up 7.3% year over year. The market has loosened: a typical listing now takes around 124 days to go under contract, with sellers getting 96.2% of list price.

Based on 37 recent sales, 38574 is currently an active market.

What this means if you sell in 38574

Use these figures to set expectations early. Lead a listing appointment with the median price and the 124-day pace, show the year-over-year direction, and frame 38574 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 38574 housing market

What is the median home price in ZIP 38574 (Monterey, TN)?
As of May 2026, the median sale price in ZIP 38574 is $439,900 (+7.3% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 38574 a buyer's or seller's market right now?
ZIP 38574 is currently an active market, based on a 96.2% sale-to-list ratio, about 124 days on market for May 2026.
How long do homes take to sell in ZIP 38574?
A typical listing in 38574 goes under contract in about 124 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 38574 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

More Tennessee markets

All Tennessee ZIP codes →All US ZIP-code updates →

Nearby Tennessee ZIP codes

37042 · Clarksville37122 · Mount Juliet37064 · Franklin38401 · Columbia37043 · Clarksville37066 · Gallatin37087 · Lebanon37128 · Murfreesboro37075 · Hendersonville37013 · AntiochAll Tennessee ZIP codes →

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<a href="https://getlokal.io/tn/zip/38574/" rel="dofollow">38574 Monterey real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.