Montello, NV Foreclosures
How much do homes sell for in Montello, NV?
The average home price is currently $100,744.
In Montello, NV, how many homes are available?
There are currently 59 active home listings available in Montello.
What’s the average rental cost in Montello, NV?
The average rental price in Montello is $893.
What is the most expensive home in Montello?
The most expensive home sold in Montello had a price of $1,198,355.
What is currently the cheapest priced home in Montello, NV?
The cheapest home for sale in Montello is priced at $12,312.
Living in Montello, NV
Montello, NV is a quiet town located in the northeastern part of Nevada, surrounded by picturesque landscapes. This small community offers a charming rural lifestyle, complete with breathtaking views of the Ruby Mountains and plenty of outdoor activities. Residents enjoy a close-knit community feel, making it an ideal retreat for those looking to escape city life.
Current Market Conditions in Montello, NV
The real estate market in Montello, NV has shown stability, with a steady demand for properties as more people seek to escape urban areas. The limited supply of homes, combined with interest in the rural lifestyle, has kept property values relatively stable, making this an attractive area for long-term investment.
With the rise in remote work opportunities, an influx of out-of-state buyers is bringing attention to Montello's affordable properties compared to larger cities. This trend is expected to continue as more individuals seek affordable housing coupled with a serene environment.
Home Value Estimator For Montello, NV
There are currently 54 real estate properties
in Montello, NV,
with a median automated valuation model (AVM) price
of $51,700.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Montello, NV, 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 Montello, NV,
is $100,744.00, with the most expensive house
in Montello, NV, topping out
at $1,198,355.00 and the cheapest home
in Montello, NV,
clocking in at $12,312.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Montello, NV!
Rent Prices
In Montello, NV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Montello, NV, is on
a rollercoaster ride. The
average rent price in Montello, NV,
is $893.00. Indeed, when looking to rent in
Montello, NV, you can expect to pay as little
as $610.00 or as much
as $1,050.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Montello, NV
-- 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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