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Foreclosures in Montello, NV

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Montello, NV Foreclosures

How much do homes sell for in Montello, NV?
The average home price is currently $154,242.
In Montello, NV, how many homes are available?
There are currently 67 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 $1,167,267.
What is currently the cheapest priced home in Montello, NV?
The cheapest home for sale in Montello is priced at $10,743.

Living in Montello, NV

Montello, NV, is a quaint, rural community known for its picturesque landscapes and outdoor recreational opportunities. The area offers a close-knit community atmosphere with essential amenities and educational facilities for families. Nature enthusiasts can enjoy the beauty of the Great Basin and Ruby Mountains, making Montello an ideal retreat for those seeking tranquility.

Current Market Conditions in Montello, NV

The Montello real estate market is currently characterized by a low inventory of homes, leading to increased competition among buyers. Prices have been steadily rising due to the attractiveness of the area for those seeking a peaceful lifestyle away from urban settings.

In recent months, the market has showed signs of stabilization with some new listings being added, but the demand still outstrips supply, making it a competitive environment for potential homebuyers.

Home Value Estimator For Montello, NV

There are currently 75 real estate properties in Montello, NV, with a median automated valuation model (AVM) price of $55,893.00. 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 $154,242.00, with the most expensive house in Montello, NV, topping out at $1,167,267.00 and the cheapest home in Montello, NV, clocking in at $10,743.00. 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.

Montello, NV Foreclosures


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