Condo Foreclosures in Monona, WI

Current Market Conditions in Monona, WI

The real estate market in Monona is currently experiencing steady demand, with home prices showing a moderate increase due to the city's appeal as a family-friendly community. Homes here typically sell quickly, reflecting the competitive nature of the market as buyers seek both quality and location.

Trends indicate a growing interest in renovated homes as many buyers prioritize modern amenities while appreciating the city’s historical charm. The ongoing development in nearby Madison continues to draw potential homeowners to Monona, further bolstering the market.

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.