38574
Monterey, Tennessee.
Monterey, Putnam County, TN · Cookeville, TN metro · population 9,079
to buy the typical home at today's mortgage rate — +$879 (+138%) since Jan 2020.
- 1 year
- Up $9,827 +4%
- $279,310$289,137 since Sep 2025
- 5 years
- Up $68,408 +31%
- $220,729$289,137 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 38574$1,518
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in zip 38574 rose 3.5% over the past year — faster than the nation's +1.2%.
This zip spans 4 counties: Putnam County, TN 49% · Overton County, TN 33% · Cumberland County, TN 14% · Fentress County, TN 5%
Zillow also publishes an index for the city itself: Monterey, TN — measured over the city limits, which is a different area from this zip.
Typical home value — 38574
Mid-tier homes, smoothed and seasonally adjusted.
- 38574$289,137
- Cookeville$290,625
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 8.4 | 38554 | Crawford | 719 | — | $202,675 |
| 10.2 | 38580 | Rickman | 1,609 | — | $302,864 |
| 12.5 | 38506 | Cookeville | 30,100 | $1,827 | $337,331 |
| 13.0 | 38589 | Wilder | 527 | — | $230,840 |
| 13.0 | 38553 | Clarkrange | 2,521 | — | $268,590 |
| 13.3 | 38571 | Crossville | 14,678 | — | $306,325 |
| 14.7 | 38565 | Grimsley | 1,205 | — | $300,848 |
| 16.6 | 38543 | Alpine | 336 | — | $220,933 |
| 17.1 | 38570 | Livingston | 10,255 | — | $233,203 |
| 17.9 | 38583 | Sparta | 25,584 | — | $279,608 |
| 18.5 | 38501 | Cookeville | 42,471 | $1,403 | $299,092 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.