Monroe County, TN home prices
Monroe County, TN: the typical home is worth $289,288 as of 2026-05, up +5.3% over the past year and n/a since 2000. Listings run about $236/sq ft. Rent…
Monroe County is cooling and fairly valued — affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1995: $94,336 → 2026: $289,288 (3.1×) pre-2000 estimated via FHFA index
Market read
At $289,288, homes in Monroe County sit 12% above the Tennessee median ($258,138) and 24% above the US median ($233,954). That ranks #35 of 95 Tennessee counties by price.
Prices are holding steady (+5.3% in the last year) — a balanced market.
Homes here take a while to sell — a median 65 days on the market, with 22% of listings cutting their asking price.
At 4.9× local income, that's pricier than the typical US county (~3.8×).
Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.
Rent and buy are close — ~$1,428/mo to buy (P&I, 20% down) vs $1,483/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Loudon County, TN ($450,560) · McMinn County, TN ($261,683) · Cherokee County, NC ($274,117) · Graham County, NC ($226,064) · Blount County, TN ($394,874) · Polk County, TN ($256,006)
Frequently asked questions
What is the average home price in Monroe County, TN?
Are home prices in Monroe County rising or falling?
Is Monroe County affordable?
What is the rental yield in Monroe County?
How fast do homes sell in Monroe County?
| Year | Median home value |
|---|---|
| 2009 | $115,458 |
| 2010 | $116,308 |
| 2011 | $113,660 |
| 2012 | $116,594 |
| 2013 | $119,230 |
| 2014 | $127,145 |
| 2015 | $136,184 |
| 2016 | $144,398 |
| 2017 | $153,004 |
| 2018 | $159,847 |
| 2019 | $177,143 |
| 2020 | $188,789 |
| 2021 | $224,682 |
| 2022 | $256,880 |
| 2023 | $266,073 |
| 2024 | $279,692 |
| 2025 | $276,907 |