The housing market in Monticello, LA is doing well with the median value of homes being $175,600. This is significantly lower than the US median value of $338,100, but it still shows an appreciation rate of 8.15%, just slightly below the US average rate of 8.27%. Homeowners in Monticello can be reassured that they are making a good investment and that their property values will continue to increase over time.
The median home cost in Monticello is $175,600. Home appreciation the last 10 years has been 49.3%. Home Appreciation in Monticello is up 9.6%.
Average Age of Homes
- The median age of Monticello real estate is 37 years old
The Rental Market in Monticello
- Renters make up 5.1% of the Monticello population
- 3.1% 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.