40Alpha

Monroe County, TN Housing Market Brief

county · TN · score computed October 2026

Balanced

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%
●45
Inventory Health25%
●71

Population band 4 of 5 (population 39,232–102,612) · comparable within its band

Affordability20%
●18
Economic Strength20%
●42
Rental Yield15%
●10

Where is Monroe County, TN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Monroe County, TN is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Monroe County, TN?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Monroe County, TN housing market data

MetricValueYoYSource
Median Sale Price$346K▼ -2.6%Redfin
Median Days on Market82 days▲ +6.5%Redfin
Months of Supply4.0▼ -36.5%Redfin
Homes for Sale262▼ -5.4%Redfin
Homes Sold66▲ +50%Redfin
Median Price / Sq Ft$208▼ -5.6%Redfin

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

Now: 40
2-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?

In the scores computed October 2026, Monroe County, TN is classified as a Balanced Market, based on its Alpha Score of 40 out of 100. The classification reflects current price, building, 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 $346K, having fallen 2.6% over the past year, according to Redfin.

How affordable is Monroe County, TN?

Monroe County, TN scores 18 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 Inventory Health (71/100) and its weakest is Rental Yield (10/100). 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.