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Rent To Own Homes in Monterey, TN 38574

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Monterey, TN Foreclosures

How much do homes sell for in Monterey, TN?
The average home price is currently $252,236.
In Monterey, TN, how many homes are available?
There are currently 3 active home listings available in Monterey.
What’s the average rental cost in Monterey, TN?
The average rental price in Monterey is $929.
What is the most expensive home in Monterey?
The most expensive home sold in Monterey had a price of $9,418,800.
What is currently the cheapest priced home in Monterey, TN?
The cheapest home for sale in Monterey is priced at $5,756.

Living in Monterey, TN

Monterey, TN, is a charming town known for its welcoming atmosphere and natural beauty. It features a blend of local amenities and outdoor activities, making it a great place for families and retirees alike. The community is characterized by its small-town feel with access to nature and local events.

Current Market Conditions in Monterey, TN

The real estate market in Monterey, TN, has shown steady growth over the past few years. The demand for homes has remained consistent, with many buyers drawn to the affordable housing options and the serene lifestyle the area offers. Expanding job opportunities in nearby towns are also contributing to the increase in home listings and potential buyers.

Currently, home prices are experiencing a gradual increase, reflecting a healthy market for both buyers and sellers. New construction projects in the area and improvements in local infrastructure are making Monterey an attractive place for potential homeowners.

Home Value Estimator For Monterey, TN

There are currently 3,900 real estate properties in Monterey, TN, with a median automated valuation model (AVM) price of $182,019.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monterey, 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 Monterey, TN, is $252,236.00, with the most expensive house in Monterey, TN, topping out at $9,418,800.00 and the cheapest home in Monterey, TN, clocking in at $5,756.00. In other words, there’s something for every potential homebuyer or savvy investor in Monterey, TN!

Rent Prices In Monterey, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monterey, TN, is on a rollercoaster ride. The average rent price in Monterey, TN, is $929.00. Indeed, when looking to rent in Monterey, TN, you can expect to pay as little as $380.00 or as much as $2,300.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Monterey, 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.

Monterey, TN 38574 Rent To Own Homes

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