Monticello, IN is a charming community with an enviable real estate market. The median value of homes in Monticello is $183,300, significantly lower than the US House median value of $338,100. But this isn't necessarily bad news for homeowners, as the 1 year house appreciation rate in Monticello is 10.75%, higher than the US average of 8.27%. This means that those who buy a home in Monticello are likely to see an increase in their property values over time. With its affordable housing prices and high appreciation rate, Monticello is an attractive option for those seeking a place to call home.
The median home cost in Monticello is $183,300. Home appreciation the last 10 years has been 84.4%. Home Appreciation in Monticello is up 14.6%.
Average Age of Homes
- The median age of Monticello real estate is 53 years old
The Rental Market in Monticello
- Renters make up 26.9% of the Monticello population
- 2.9% 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.