37774 — Monroe County, Tennessee Market Snapshot
Housing market data for zip code 37774 in Monroe County, Tennessee. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 4 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Monroe County county page for broader data.
Market Sales Data
4 sales in 2026 (year to date)
Median Sale Price
$318,250
Days to Sell
172
Homes Sold
4
Inventory
1
Conforming Loan Available
Most homebuyers in 37774 can comfortably use conventional financing. The median home price of $318,250 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 172 days on average, 37774 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Conforming Loan Feasibility
Most homebuyers in 37774 can comfortably use conventional financing. The median home price of $318,250 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 37774 are set at the county level.
2026 Loan Limits — Monroe County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 37774
To purchase the median home at $318,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,588.
Monthly Payment
$2,588
Income Required
$110,929
Principal & Interest
$1,961/mo
Down Payment (5%)
$15,913
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 37774.
Estimated Monthly Payment
$2,120
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