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Foreclosure Homes in Monticello, AR

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Monticello, AR Foreclosures

How much do homes sell for in Monticello, AR?
The average home price is currently $155,553.
In Monticello, AR, how many homes are available?
There are currently 49 active home listings available in Monticello.
What’s the average rental cost in Monticello, AR?
The average rental price in Monticello is $929.
What is the most expensive home in Monticello?
The most expensive home sold in Monticello had a price of $2,469,000.
What is currently the cheapest priced home in Monticello, AR?
The cheapest home for sale in Monticello is priced at $10,873.

Living in Monticello, AR

Monticello, Arkansas, is a welcoming town with a rich history and a vibrant community life. The area is surrounded by natural beauty, providing ample opportunities for outdoor activities. With a variety of local amenities and educational institutions, Monticello is an excellent choice for families and individuals looking to settle in a serene environment.

Current Market Conditions in Monticello, AR

The real estate market in Monticello is currently experiencing steady growth, with an increase in demand for both single-family homes and multi-family properties. This trend is being driven by the area's affordable housing options and the community’s appealing lifestyle.

Investors will find the market to be competitive but still favorable, as prices remain relatively low compared to neighboring regions. It’s a great opportunity for investors to capitalize on local economic growth and increasing interest in the area.

Home Value Estimator For Monticello, AR

There are currently 4,963 real estate properties in Monticello, AR, with a median automated valuation model (AVM) price of $126,283.00. 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, AR, 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, AR, is $155,553.00, with the most expensive house in Monticello, AR, topping out at $2,469,000.00 and the cheapest home in Monticello, AR, clocking in at $10,873.00. In other words, there’s something for every potential homebuyer or savvy investor in Monticello, AR!

Rent Prices In Monticello, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monticello, AR, is on a rollercoaster ride. The average rent price in Monticello, AR, is $929.00. Indeed, when looking to rent in Monticello, AR, you can expect to pay as little as $410.00 or as much as $2,400.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Monticello, AR -- 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.

Monticello, AR Foreclosures


Market Trend for Monticello, AR

Total Listings Available: 49

Market Values:

Home Prices from $10,873 to $2,469,000

Average Sales Price: $155,553

Rental Values:

Rental from $410 to $2,400

Average Rent Value: $929 / month

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