The housing market in 12701 Monticello, NY is doing well, with a median value of $210,500. This is significantly lower than the US median house value of $338,100, but it has appreciated faster over the past year at 12.09%, compared to 8.27% for the United States as a whole. Investors and potential buyers should take note of this positive trend in Monticello, as this is indicative of a vibrant housing market that is likely to continue to increase in value over time.
The median home cost in Monticello (zip 12701) is $210,500. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Monticello (zip 12701) is up 14.6%.
Average Age of Homes
- The median age of Monticello (zip 12701) real estate is 50 years old
The Rental Market in Monticello (zip 12701)
- Renters make up 38.5% of the Monticello (zip 12701) population
- 2.1% of houses and apartments in Monticello (zip 12701), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.