Monticello, IA Foreclosures
Current Market Conditions in in Monticello, IA As of April 2026?
In the past month, the Monticello housing market has shown signs of increased buyer interest, resulting in a slight uptick in home prices. Home sales have risen by approximately 15% compared to the previous month, driven by the town's expanding services and amenities. This growing demand, combined with limited available listings, points towards a seller's market, making it an opportune time for those looking to invest in Monticello real estate.
How much do homes sell for in Monticello, IA?
The average home price is currently $248,789.
In Monticello, IA, how many homes are available?
There are currently 37 active home listings available in Monticello.
What’s the average rental cost in Monticello, IA?
The average rental price in Monticello is $1,329.
What is the most expensive home in Monticello?
The most expensive home sold in Monticello had a price of $6,773,149.
What is currently the cheapest priced home in Monticello, IA?
The cheapest home for sale in Monticello is priced at $10,300.
Living in Monticello, IA
Monticello, Iowa, is a charming small town known for its welcoming community and rich history. Located in Jones County, this quaint area offers a blend of rural charm and urban convenience, making it an ideal spot for families and individuals alike. Residents enjoy access to scenic parks, local shops, and a strong sense of community throughout the year.
Buyer vs Seller Market in Monticello, IA
The Monticello real estate market is currently experiencing steady growth, with an increase in home sales and rising property values. This trend is fueled by the town's appealing lifestyle, affordable housing options, and proximity to larger cities like Cedar Rapids.
According to recent data, homes in Monticello are selling relatively quickly, indicating a competitive market. The demand for single-family homes has remained high, making it a great time for sellers to list their properties.
Investors and homebuyers are attracted to Monticello due to its strong sense of community, increasing job opportunities, and its family-friendly environment.
Home Value Estimator For Monticello, IA
There are currently 2,908 real estate properties
in Monticello, IA,
with a median automated valuation model (AVM) price
of $195,474.00. 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, IA, 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, IA,
is $248,789.00, with the most expensive house
in Monticello, IA, topping out
at $6,773,149.00 and the cheapest home
in Monticello, IA,
clocking in at $10,300.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Monticello, IA!
Rent Prices
In Monticello, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Monticello, IA, is on
a rollercoaster ride. The
average rent price in Monticello, IA,
is $1,329.00. Indeed, when looking to rent in
Monticello, IA, you can expect to pay as little
as $760.00 or as much
as $2,340.00,
with the average rent median estimated to
be $1,320.00. The good news is that finding
an affordable and desirable property to rent in Monticello, IA
-- 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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