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Bankruptcy Homes in Monroe, TN

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Monroe, TN Foreclosures

Current Market Conditions in in Monroe, TN As of February 2026?
In the past month, the real estate market in Monroe has shown signs of increased activity as mortgage rates remained stable, encouraging potential buyers to enter the market. Home sales have picked up modestly, leading to a slight decrease in the available inventory but still favoring buyers in the competitive landscape. The average days on market have also decreased, indicating that properties are selling faster compared to the previous months.
How much do homes sell for in Monroe, TN?
The average home price is currently $269,246.
In Monroe, TN, how many homes are available?
There are currently 4 active home listings available in Monroe.
What’s the average rental cost in Monroe, TN?
The average rental price in Monroe is $873.
What is the most expensive home in Monroe?
The most expensive home sold in Monroe had a price of $2,016,279.
What is currently the cheapest priced home in Monroe, TN?
The cheapest home for sale in Monroe is priced at $8,634.

Living in Monroe, TN

Monroe, TN is a quaint town known for its welcoming community and beautiful landscapes. With a low cost of living and access to local amenities, it’s a great place for families and retirees. Enjoy outdoor activities and community events while being just a short drive away from larger cities.

Buyer vs Seller Market in Monroe, TN

The real estate market in Monroe, TN is currently experiencing a buyer's market trend. Prices have stabilized in recent months, with more available listings than buyers. This is making homes more accessible for first-time buyers and those looking to relocate into the area.

Over the past year, Monroe has seen slight appreciation in property values, but overall, the pace of sales has slowed, leading to a greater selection of homes than in previous years. This combination creates a favorable condition for buyers seeking good deals in the area.

Home Value Estimator For Monroe, TN

There are currently 1,067 real estate properties in Monroe, TN, with a median automated valuation model (AVM) price of $212,935.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monroe, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Monroe, TN, is $269,246.00, with the most expensive house in Monroe, TN, topping out at $2,016,279.00 and the cheapest home in Monroe, TN, clocking in at $8,634.00. In other words, there’s something for every potential homebuyer or savvy investor in Monroe, TN!

Rent Prices In Monroe, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monroe, TN, is on a rollercoaster ride. The average rent price in Monroe, TN, is $873.00. Indeed, when looking to rent in Monroe, TN, you can expect to pay as little as $470.00 or as much as $1,970.00, with the average rent median estimated to be $850.00. The good news is that finding an affordable and desirable property to rent in Monroe, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Monroe, TN Bankruptcy Homes

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