The housing in 61856 Monticello, IL is slightly above the median value of houses across the United States. The median value of a house in 61856 Monticello is $222,800, compared to the US House Median Value of $338,100. Additionally, the appreciation rate for housing in 61856 Monticello is 8.72%, which is slightly higher than the US 1 year House Appreciation rate of 8.27%. This demonstrates that housing in 61856 Monticello is a great investment and provides a relatively high return on investment when compared to other areas across the country.
The median home cost in Monticello (zip 61856) is $222,800. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Monticello (zip 61856) is up 14.5%.
Average Age of Homes
- The median age of Monticello (zip 61856) real estate is 40 years old
The Rental Market in Monticello (zip 61856)
- Renters make up 14.5% of the Monticello (zip 61856) population
- 1.5% of houses and apartments in Monticello (zip 61856), 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.