38Alpha

Monroe County, TN Housing Market Brief

county · TN · as of May 2026

Buyer's

What is Monroe County, TN’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+13.749
Inventory Health25%
-0.540
Affordability20%
24
Economic Strength20%
+3.144
Rental Yield15%
34

Where is Monroe County, TN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Monroe County, TN is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Monroe County, TN housing market data

MetricValueYoY
Median Sale Price$380K▲ +29.9%
Median Days on Market92 days▲ +19.5%
Months of Supply4.5-28.6%
Homes for Sale259▲ +7.5%
Homes Sold58▲ +52.6%
Median Price / Sq Ft$219▲ +13.4%
Sale-to-List Ratio96.1%▲ +1.4%

How has Monroe County, TN’s Alpha Score moved?

Now: 38
3-period trend
Median sale price · 12 mo

Markets like Monroe County, TN

Frequently asked questions

Is Monroe County, TN a buyer's or seller's market?

As of May 2026, Monroe County, TN is classified as a Buyer's Market, based on its Alpha Score of 38 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Monroe County, TN?

The median sale price in Monroe County, TN is $380K, having risen 29.9% over the past year.

How affordable is Monroe County, TN?

Monroe County, TN scores 24 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Monroe County, TN's Alpha Score?

Monroe County, TN's strongest dimension is Price Momentum (49/100) and its weakest is Affordability (24/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Monroe County, TN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.