Monarch, MT Foreclosures
How much do homes sell for in Monarch, MT?
The average home price is currently $397,011.
In Monarch, MT, how many homes are available?
There are currently 77 active home listings available in Monarch.
What’s the average rental cost in Monarch, MT?
The average rental price in Monarch is $1,211.
What is the most expensive home in Monarch?
The most expensive home sold in Monarch had a price of $2,091,000.
What is currently the cheapest priced home in Monarch, MT?
The cheapest home for sale in Monarch is priced at $88,400.
Living in Monarch, MT
Monarch, MT, is a quaint town surrounded by natural beauty and outdoor activities. It offers a peaceful lifestyle with access to hiking and skiing, making it a favorite among nature lovers. Although small, it has a tight-knit community and basic amenities, perfect for those seeking tranquility in a scenic setting.
Current Market Conditions in Monarch, MT
The real estate market in Monarch, MT, is relatively stable, reflecting the broader trends within rural Montana. Recent statistics show a slight increase in home values over the past year, as demand for vacation homes and rural living options continues to grow among buyers seeking tranquility away from urban environments.
New listings are appearing, particularly for cabins and homes with land, as more people are attracted to rural lifestyle options post-pandemic. However, inventory levels remain lower than desired, which contributes to maintaining or slightly increasing prices in the area.
Home Value Estimator For Monarch, MT
There are currently 260 real estate properties
in Monarch, MT,
with a median automated valuation model (AVM) price
of $334,970.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Monarch, MT, 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 Monarch, MT,
is $397,011.00, with the most expensive house
in Monarch, MT, topping out
at $2,091,000.00 and the cheapest home
in Monarch, MT,
clocking in at $88,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Monarch, MT!
Rent Prices
In Monarch, MT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Monarch, MT, is on
a rollercoaster ride. The
average rent price in Monarch, MT,
is $1,211.00. Indeed, when looking to rent in
Monarch, MT, you can expect to pay as little
as $630.00 or as much
as $2,290.00,
with the average rent median estimated to
be $1,180.00. The good news is that finding
an affordable and desirable property to rent in Monarch, MT
-- 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.
Learn more on Foreclosure homes
