Monticello, MO has an above average median housing value of $169,200 compared to the US House Median Value of $338,100. The US 1 year House Appreciation is 8.27%, but in Monticello that appreciation rate shoots up to 13.45%. This means that the housing market here is booming and it's a great time to buy or sell property as values are expected to continue rising. The area also offers great amenities and services that make it an attractive place for homebuyers and sellers alike.
The median home cost in Monticello is $169,200. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Monticello is up 17.1%.
Average Age of Homes
- The median age of Monticello real estate is 50 years old
The Rental Market in Monticello
- Renters make up 5.4% of the Monticello population
- 5.0% 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.