Year over year, Monroe County is seeing more activity with homes sold up roughly 28 percent and new listings higher by about 28 percent as well. Active listings have also climbed around 10 percent from last year, giving buyers more options. At the same time, typical home values are slightly higher than a year ago, and July’s median sale price of about $324,000 sits below the statewide median of roughly $384,000.
In the latest monthly snapshot for July 2026, supply has expanded, with about 355 active listings and months of supply rising to 5.1. Conditions line up with a neutral market reading, as Tennessee as a whole shows a similar supply level near 5.5 months. Homes are taking longer to sell, with the median days on market stretching to 68 days, yet closings are still strong compared to last year. A modest share of properties, just over 14 percent, is selling above list price, and the average sale-to-list ratio sits around 96 percent.
Recent monthly trends show prices easing from May’s peak even as buyer interest holds steady, with 76 pending sales in July and a solid increase from earlier in the year. Inventory has generally trended higher over the past several months, giving buyers more room to compare while asking prices have moved up from last year. With mixed signals on pricing and timing, both buyers and sellers in Monroe County can benefit from Agent Pronto’s help finding a local agent who understands these shifting dynamics.
