Foreclosure Homes in Monterey, IN 46960

Current Market Conditions in Monterey, IN

The real estate market in Monterey is stable, with a mix of single-family homes and opportunities for land development. Recent trends indicate a growing interest in rural properties as more people seek quiet and affordable living options away from urban centers.

While the market sees a consistent turnover, homes in Monterey are often available at prices lower than those found in larger cities, which attracts new buyers looking to settle in idyllic settings.

Rent Prices In Monterey, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monterey, IN, is on a rollercoaster ride. The average rent price in Monterey, IN, is $955.00. Indeed, when looking to rent in Monterey, IN, you can expect to pay as little as $470.00 or as much as $1,900.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Monterey, IN -- 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.