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Foreclosure Homes in Monona, WI

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Monona, WI Foreclosures

How much do homes sell for in Monona, WI?
The average home price is currently $633,836.
In Monona, WI, how many homes are available?
There are currently 10 active home listings available in Monona.
What’s the average rental cost in Monona, WI?
The average rental price in Monona is $1,685.
What is the most expensive home in Monona?
The most expensive home sold in Monona had a price of $40,389,666.
What is currently the cheapest priced home in Monona, WI?
The cheapest home for sale in Monona is priced at $21,771.

Living in Monona, WI

Monona, WI is a picturesque suburban city situated on the shores of Lake Monona, just minutes from downtown Madison. It boasts a tight-knit community with a variety of recreational activities, beautiful parks, and excellent schools. Residents benefit from the proximity to urban amenities while enjoying a peaceful lakeside lifestyle.

Current Market Conditions in Monona, WI

Monona's real estate market is currently experiencing a steady growth trend, with home values seeing a rise as demand increases. The area is attracting families and professionals looking for affordable housing options near Madison. The competitive nature of the market has led to quicker sales and an increase in the number of new listings as families seek to capitalize on the desirable community amenities and scenic surroundings.

The market is characterized by a balanced mix of single-family homes, condominiums, and townhouses. Buyers can find various price points, making it accessible for first-time buyers and those looking for larger family homes alike.

Home Value Estimator For Monona, WI

There are currently 2,803 real estate properties in Monona, WI, with a median automated valuation model (AVM) price of $458,579.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monona, WI, 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 Monona, WI, is $633,836.00, with the most expensive house in Monona, WI, topping out at $40,389,666.00 and the cheapest home in Monona, WI, clocking in at $21,771.00. In other words, there’s something for every potential homebuyer or savvy investor in Monona, WI!

Rent Prices In Monona, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monona, WI, is on a rollercoaster ride. The average rent price in Monona, WI, is $1,685.00. Indeed, when looking to rent in Monona, WI, you can expect to pay as little as $890.00 or as much as $3,060.00, with the average rent median estimated to be $1,630.00. The good news is that finding an affordable and desirable property to rent in Monona, WI -- 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.

Monona, WI Foreclosures


Market Trend for Monona, WI

Total Listings Available: 10

Market Values:

Home Prices from $21,771 to $40,389,666

Average Sales Price: $633,836

Rental Values:

Rental from $890 to $3,060

Average Rent Value: $1,685 / month

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