The story of this market
The typical home in ZIP 38570 sells for about $325,000, or $168 per square foot.
Prices are up +4.5% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $754 a month.
ZIP 38570 — Livingston
The housing market in 38570 remains stable with modest price appreciation driven by limited inventory and steady demand from local buyers. While sales volume is low, the market is balanced, reflecting the area's rural character and reliance on the nearby Cookeville economy.
This ZIP is ideal for families and individuals seeking a quieter, rural lifestyle while remaining within a reasonable driving distance of the employment and educational opportunities in Cookeville.
Median prices moved up 4.5% year over year.
Homes spend a median of 58 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 16.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 38570, Putnam County TN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Monterey are generally lower than the national average, with property crime being the primary concern. The area is considered relatively safe compared to larger urban centers in Tennessee.
Schools in the Putnam County School District serving this area generally receive average ratings, with ongoing efforts to improve student performance and facilities.
The area faces moderate risks from severe thunderstorms and occasional high winds, though it is not in a high-risk flood zone. Standard homeowners insurance is readily available but premiums are sensitive to regional weather patterns.
Economic growth is driven by the proximity to Cookeville and Tennessee Tech University, which serve as major employment and educational anchors. Infrastructure development is focused on maintaining rural connectivity while supporting modest residential expansion.
Property taxes are assessed at the county level by the Putnam County Assessor of Property based on a percentage of appraised value. Tennessee does not have a state income tax, which influences the local tax structure.
Residents primarily commute by car to Cookeville for employment, with most trips taking 15-25 minutes via local highways. Public transit options are not available in this rural ZIP code.
The area offers access to outdoor recreation including proximity to Standing Stone State Park and various local fishing spots. Shopping and dining are concentrated in the nearby city of Cookeville.
The rental market is characterized by low vacancy rates and limited inventory, with demand driven by students and workers commuting to Cookeville. Short-term rentals are present but not the dominant market force.
The economy is anchored by manufacturing, healthcare, and education services centered in the broader Putnam County area. Proximity to Tennessee Tech University provides a steady stream of professional and academic employment.
Transportation is heavily reliant on personal vehicles, with I-40 serving as the primary artery for regional travel. Local roads are well-maintained but rural in character.
Development is focused on small-scale residential infill and the expansion of local industrial capacity to support job growth. No major high-density projects are currently under construction.
The Putnam County Assessor of Property conducts periodic reappraisals to ensure assessments reflect current market values. The office maintains public records for all parcels within the county.
Parcels are subject to Putnam County school and general fund taxes, with specific utility districts providing water and sewer services in select areas.
Property insurance remains stable, though homeowners should account for potential wind and storm damage coverage. Market health is consistent with broader Tennessee rural trends.
Data retrieved from data.census.gov using ZCTA 38570 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Offers hiking, fishing, and cabin rentals in a scenic forest setting.
Preserves the local history of the railroad and the town's development.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.