The housing market in Monticello, UT is thriving. The median value of a home in the city is $280,000 which is significantly lower than the US House median value of $338,100. This makes it an attractive option for potential buyers looking to invest in property. In addition to this, the 1 year house appreciation rate for Monticello is 13.51%, which is higher than the US average of 8.27%. This makes Monticello an ideal location for those looking to purchase a new home or to invest in real estate.
The median home cost in Monticello is $280,000. Home appreciation the last 10 years has been 134.7%. Home Appreciation in Monticello is up 19.0%.
Average Age of Homes
- The median age of Monticello real estate is 44 years old
The Rental Market in Monticello
- Renters make up 24.7% of the Monticello population
- 1.3% of houses and apartments in Monticello, 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.