Cheap Homes in Monona, WI

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.

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.