Current Price

$258,344

1 Month Forecast

â–² $280,705

1-Year Forecast *

â–² $303,062

5-Year Forecast *

â–² $357,175

"Is it a good time to buy homes in Monterey?" "Does investing in real estate in Monterey (Tennessee State, Putnam County) worth it?" According to our live Forecast System, buying a house in Monterey is a good short-term (1-year) investment*. The Monterey average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Monterey" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Monterey in Tennessee State, Putnam County. If you are looking for homes for sale with good flipping profit, Monterey can be a profitable property investment option. The median price of an average house in Monterey was 258,344 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Monterey" area is 357,175 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +38.26% meaning that investing 100000 USD today may yield a profit of 38,255 USD by 2031.

Current Median Listing Price: 258,344 USD Median Listing Price Per Square Foot: 144 USD

Monterey Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Monterey (Tennessee State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Monterey Price Target

Monterey median home price target in 12 months: $303,062* (upside of 17.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $274,349 $278,756 $274,349 $278,756
2024 $246,873 $258,344 $246,562 $258,434
2023 $233,431 $247,545 $233,431 $247,545
2022 $222,666 $233,980 $222,666 $238,007
2021 $183,133 $218,173 $183,133 $218,173
2020 $165,739 $181,512 $165,739 $181,512
2019 $147,106 $163,951 $147,106 $163,951
2018 $138,245 $146,312 $138,245 $146,312
2017 $132,483 $137,706 $132,483 $137,706
2016 $122,176 $131,877 $122,176 $131,877
2015 $115,158 $121,036 $114,676 $121,036
2014 $111,519 $115,686 $111,519 $116,224
2013 $108,664 $111,618 $108,264 $111,642
2012 $107,115 $109,382 $107,115 $110,177

Questions & Answers about the Monterey Housing Market Forecast

How much does an average home cost in Monterey today?

The value of an average home (the listing price) in Monterey is $258,344 USD.

What is the average price per square foot in Monterey?

According to Walletinvestor the median price per square foot in Monterey is 144 USD.

Will the median listing price of homes in Monterey grow / rise / go up?

Yes. The Monterey home prices may rise from 258,344 USD to 303,062 USD in one year.

Is it profitable to invest in Monterey homes?

Yes. The long-term profit potential is +17.31% in one year.

Will Monterey house prices fall / drop?

No. See above.

What is the predicted price of a Monterey home in 2030?

The predicted home sales price of a Monterey home in 2030 in Monterey is 335,162 USD.

What is the predicted price of a Monterey home in 2035?

The predicted home sales price of a Monterey home in 2035 in Monterey is 420,950 USD.

Will real estate prices decrease in Monterey?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Monterey is the 5984. largest city in the United States, located in Tennessee State.

During the last 12 months the real estate prices in Putnam, Monterey decreased, looking at the past 12 months.

According to Walletinvestor's Monterey real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.590% to 258,344 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 15.909% in 2021
  • 18.459% in 2022
  • 15.349% in 2023
  • 17.789% in 2024
  • 15.999% in 2025
  • 18.509% in 2026

Based on our Monterey real estate market research and report the predicted sales prices will increase by 393.549% in the next 10 years.

Over the last 12 months, the value of homes in Monterey fluctuated: increasing 3 times and decreasing 1 times.

Monterey (Tennessee) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Monterey Housing Market Forecast with Real Estate Prices for 2025
August 2025 280705 256565 304846
September 2025 282668 257228 308108
October 2025 284644 261872 307415
November 2025 286634 266283 306985
December 2025 288638 270453 306822
Monterey Housing Market Forecast with Real Estate Prices for 2026
January 2026 290655 274088 307223
February 2026 292687 271028 314346
March 2026 294734 277050 312418
April 2026 296794 281064 312524
May 2026 298869 277350 320387
June 2026 300958 283804 318113
July 2026 303062 282151 323974
August 2026 305181 277715 332647
September 2026 307040 284012 330068
October 2026 309106 293032 325179
November 2026 309708 282454 336963
December 2026 309256 290392 328121
Monterey Housing Market Forecast with Real Estate Prices for 2027
January 2027 308053 292034 324072
February 2027 306854 279851 333858
March 2027 305742 276085 335399
April 2027 304906 278074 331738
May 2027 304191 285939 322442
June 2027 304810 288960 320660
July 2027 306763 282529 330998
August 2027 308908 285740 332076
September 2027 311067 293026 329109
October 2027 313242 289749 336735
November 2027 314850 295329 334371
December 2027 316491 291488 341493
Monterey Housing Market Forecast with Real Estate Prices for 2028
January 2028 318173 293038 343309
February 2028 319515 294273 344757
March 2028 320506 295186 345826
April 2028 320834 296772 344897
May 2028 319963 300446 339481
June 2028 319560 301345 337775
July 2028 320516 298400 342632
August 2028 322757 301132 344382
September 2028 325013 307788 342239
October 2028 327285 294557 360014
November 2028 329573 307822 351325
December 2028 330150 299446 360854
Monterey Housing Market Forecast with Real Estate Prices for 2029
January 2029 328866 300912 356819
February 2029 328203 300634 355772
March 2029 328038 295562 360514
April 2029 330164 313326 347003
May 2029 332472 304545 360400
June 2029 334691 313605 355777
July 2029 335162 305332 364991
August 2029 334543 311125 357961
September 2029 335038 301869 368207
October 2029 335753 317622 353883
November 2029 337813 320247 355379
December 2029 340175 322145 358204
Monterey Housing Market Forecast with Real Estate Prices for 2030
January 2030 342553 308297 376808
February 2030 344948 320111 369784
March 2030 347359 312623 382095
April 2030 349787 317257 382318
May 2030 352233 324406 380059
June 2030 354695 326674 382716
July 2030 357175 327887 386463
August 2030 359672 333056 386288
September 2030 362186 343715 380658
October 2030 364718 345753 383684
November 2030 367268 336050 398486
December 2030 369836 345796 393875
Monterey Housing Market Forecast with Real Estate Prices for 2031
January 2031 372088 342693 401483
February 2031 374592 341253 407931
March 2031 375322 346422 404222
April 2031 374774 340670 408879
May 2031 373316 352410 394222
June 2031 371864 340255 403472
July 2031 370516 338281 402750
August 2031 369502 344376 394628
September 2031 368636 338776 398495
October 2031 369386 335402 403369
November 2031 371753 342757 400750
December 2031 374352 348896 399808
Monterey Housing Market Forecast with Real Estate Prices for 2032
January 2032 376969 350581 403357
February 2032 379605 357588 401622
March 2032 381553 344542 418564
April 2032 383542 363981 403102
May 2032 385581 361289 409872
June 2032 387207 362426 411988
July 2032 388408 357724 419092

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.