Monticello, KY is a great place to look for housing. The median value of houses in the area is $132,900, which is much lower than the US house median value of $338,100. Additionally, the one year house appreciation rate in Monticello is 12.90%, significantly higher than the US average of 8.27%. These factors make Monticello an attractive place to buy a home and could lead to greater profits for future investors.
The median home cost in Monticello is $132,900. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Monticello is up 16.7%.
Average Age of Homes
- The median age of Monticello real estate is 41 years old
The Rental Market in Monticello
- Renters make up 43.2% of the Monticello population
- 3.5% 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.