Monticello, MS has an impressive housing market with a median value of $116,300. This is significantly lower than the US housing median value of $338,100. Furthermore, house appreciation in Monticello over the past year has been 12.50%, which is higher than the national average of 8.27%. This makes Monticello an attractive option for those looking to invest in a growing and stable housing market.
The median home cost in Monticello is $116,300. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Monticello is up 14.5%.
Average Age of Homes
- The median age of Monticello real estate is 48 years old
The Rental Market in Monticello
- Renters make up 32.8% of the Monticello population
- 4.6% 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.