Monticello, FL is a great place to live for anyone looking for a new home. The median value of housing in the area is currently $253,900, significantly lower than the US median value of $338,100. Furthermore, Monticello’s housing has seen an impressive appreciation rate over the past year at 12.33%, which is higher than the US 1 year house appreciation rate of 8.27%. This makes Monticello an excellent investment opportunity for those looking for an affordable and appreciating home.
The median home cost in Monticello is $253,900. Home appreciation the last 10 years has been 93.9%. Home Appreciation in Monticello is up 16.1%.
Average Age of Homes
- The median age of Monticello real estate is 49 years old
The Rental Market in Monticello
- Renters make up 21.8% of the Monticello population
- 2.5% 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.