Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Monterey, TN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Monterey, TN and much more. Save thousands at closing with home foreclosure listings in Monterey, TN — up to 75% off market value!
Monterey is located in Putnam, Tennessee, with an estimated municipal population of 2,898 residents. All of the best foreclosed homes for sale in Monterey are located in the following zip code areas on Foreclosure.com: 38574. The estimated population per square kilometer (.62 miles) in Monterey is 369.
So, about how much do homes cost in Monterey? The most recent median value of resident-owned homes in Monterey is 100,366. An estimated 36.3 percent of households in Monterey own their homes, with an average family size of 3.8. The median household income in Monterey is 30,497, with7.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Monterey, the median commute time of resident workers (in minutes) is 29.1. And last, but certainly not least, are you looking for homes to rent in Monterey? If so, the average rent price paid by renters in Monterey is 553, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Monterey, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Monterey is 31.1, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Monterey is 43, with an average family size of 3.8.
The percentage of residents who report their race in Monterey is as follows:
|Black / African American||0.5%|
|American Indian / Alaskan Native||1.2%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Monterey? Or maybe you are searching for 55+ active adult communities in and/or near Monterey?
The percentage of residents who report their age in Monterey is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Monterey with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Monterey.
How do you know that living in -- or moving to -- Monterey is right where you need to be? Perhaps you grew up in Monterey or already live nearby; therefore, the decision to buy a home in Monterey is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Monterey for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Monterey:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Monterey.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Monterey can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Monterey, meanwhile, can field multiple offers from more qualified buyers.