Monticello, AR Foreclosures
Current Market Conditions in in Monticello, AR As of February 2026?
In the past month, Monticello's housing market has experienced a modest increase in home prices due to persistent buyer interest and a limited inventory of homes for sale. Investors and first-time buyers are actively searching for properties, leading to quicker sales and competitive offers in popular neighborhoods. The market showcases a healthy mix of listings, indicating that while prices are rising, opportunities still exist for smart buyers looking to invest in the area.
How much do homes sell for in Monticello, AR?
The average home price is currently $161,481.
In Monticello, AR, how many homes are available?
There are currently 47 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 $2,928,152.
What is currently the cheapest priced home in Monticello, AR?
The cheapest home for sale in Monticello is priced at $10,771.
Living in Monticello, AR
Monticello, AR is a quaint city that combines small-town charm with modern amenities. Known for its friendly community and rich agricultural heritage, it's a great place for families and retirees alike. Outdoor activities abound, with parks, lakes, and walking trails offering ample opportunities for recreation.
Buyer vs Seller Market in Monticello, AR
The Monticello real estate market has seen steady growth over the past year, with new developments and an increase in home purchases. The city offers a range of housing options, from affordable starter homes to more upscale properties, catering to a diverse demographic. Investors are beginning to take note of Monticello's potential, especially given its growing population and improving local economy.
In the last month, the housing market in Monticello remains stable, with a consistent number of listings coming on the market. The interest rates have slightly influenced buyer behavior, leading to a more competitive environment for desirable homes. Home prices are gradually increasing as demand continues to rise, making this a potentially lucrative area for sellers.
Home Value Estimator For Monticello, AR
There are currently 5,375 real estate properties
in Monticello, AR,
with a median automated valuation model (AVM) price
of $125,749.00. 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 $161,481.00, with the most expensive house
in Monticello, AR, topping out
at $2,928,152.00 and the cheapest home
in Monticello, AR,
clocking in at $10,771.00. 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.
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