Monticello, MS has a median housing value of $117,600 which is significantly lower than the median US housing value of $338,100. Despite this difference, Monticello has seen greater house appreciation in the past year at 12.50%, compared to the national rate of 8.27%. This means that while housing in Monticello may be more affordable than other locations, it is still a sound investment for those looking to grow their portfolio or buy their first home.
The median home cost in Monticello (zip 39654) is $117,600. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Monticello (zip 39654) is up 14.5%.
Average Age of Homes
- The median age of Monticello (zip 39654) real estate is 39 years old
The Rental Market in Monticello (zip 39654)
- Renters make up 19.8% of the Monticello (zip 39654) population
- 2.5% of houses and apartments in Monticello (zip 39654), 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.