Monticello, UT Foreclosures
How much do homes sell for in Monticello, UT?
The average home price is currently $322,673.
What’s the average rental cost in Monticello, UT?
The average rental price in Monticello is $1,428.
What is the most expensive home in Monticello?
The most expensive home sold in Monticello had a price of $3,921,600.
What is currently the cheapest priced home in Monticello, UT?
The cheapest home for sale in Monticello is priced at $55,387.
Living in Monticello, UT
Monticello is a charming small town located in southeastern Utah, known for its spectacular views of the surrounding mountains and vast open spaces. The area offers a rich history and a tight-knit community, making it a welcoming place for families and outdoor enthusiasts alike. Residents enjoy access to numerous recreational activities, including hiking, fishing, and exploring nearby national parks.
Current Market Conditions in Monticello, UT
The real estate market in Monticello has shown a steady upward trend over the past year, with an increase in home prices reflecting the growing interest in remote living and outdoor recreation. Properties here remain in high demand, particularly among buyers seeking vacation homes or permanent residences away from urban areas.
In recent months, Monticello's market has become increasingly competitive. Home inventory is low, leading to quick sales, often above the listed price. The town has seen an influx of interest from those relocating for work or remote lifestyles, creating opportunities for sellers.
Home Value Estimator For Monticello, UT
There are currently 627 real estate properties
in Monticello, UT,
with a median automated valuation model (AVM) price
of $297,919.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Monticello, UT, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Monticello, UT,
is $322,673.00, with the most expensive house
in Monticello, UT, topping out
at $3,921,600.00 and the cheapest home
in Monticello, UT,
clocking in at $55,387.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Monticello, UT!
Rent Prices
In Monticello, UT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Monticello, UT, is on
a rollercoaster ride. The
average rent price in Monticello, UT,
is $1,428.00. Indeed, when looking to rent in
Monticello, UT, you can expect to pay as little
as $670.00 or as much
as $1,820.00,
with the average rent median estimated to
be $1,430.00. The good news is that finding
an affordable and desirable property to rent in Monticello, UT
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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