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Foreclosure Homes in Monterey, IN

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Monterey, IN Foreclosures

Current Market Conditions in in Monterey, IN As of April 2026?
In the past month, the real estate market in Monterey has seen slight fluctuations in home prices, with an uptick in interest from buyers seeking homes with larger spaces for remote work and outdoor activities. The average days on market have decreased, indicating a quicker turnover as buyers are becoming increasingly motivated to invest in homes that offer both comfort and accessibility in nature.
How much do homes sell for in Monterey, IN?
The average home price is currently $197,526.
In Monterey, IN, how many homes are available?
There are currently 33 active home listings available in Monterey.
What’s the average rental cost in Monterey, IN?
The average rental price in Monterey is $951.
What is the most expensive home in Monterey?
The most expensive home sold in Monterey had a price of $1,330,518.
What is currently the cheapest priced home in Monterey, IN?
The cheapest home for sale in Monterey is priced at $11,456.

Living in Monterey, IN

Monterey, IN is a charming small town in Pulaski County that offers a tranquil lifestyle amid beautiful natural surroundings. Its friendly community, access to natural recreational areas, and quality local schools make it an appealing choice for families and retirees alike. With a range of outdoor activities and essential amenities, Monterey fosters a comfortable living experience.

Buyer vs Seller Market in Monterey, IN

Monterey's real estate market remains stable, with a steady demand for cozy homes in this serene setting. The town has seen a modest increase in home values, driven by families seeking a peaceful atmosphere away from urban centers. The local market is characterized by affordable properties, making it accessible for first-time buyers and investors alike.

Overall, the housing market in Monterey is buoyed by the area's natural beauty and close-knit community feel. Home buyers are drawn to the town's tranquility and amenities, contributing to a healthy balance between supply and demand.

Home Value Estimator For Monterey, IN

There are currently 713 real estate properties in Monterey, IN, with a median automated valuation model (AVM) price of $151,770.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monterey, IN, 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 Monterey, IN, is $197,526.00, with the most expensive house in Monterey, IN, topping out at $1,330,518.00 and the cheapest home in Monterey, IN, clocking in at $11,456.00. In other words, there’s something for every potential homebuyer or savvy investor in Monterey, IN!

Rent Prices In Monterey, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monterey, IN, is on a rollercoaster ride. The average rent price in Monterey, IN, is $951.00. Indeed, when looking to rent in Monterey, IN, you can expect to pay as little as $470.00 or as much as $1,900.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Monterey, IN -- 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.

Monterey, IN Foreclosures

Market Trend for Monterey, IN

Total Listings Available: 33

Market Values:

Home Prices from $11,456 to $1,330,518

Average Sales Price: $197,526

Rental Values:

Rental from $470 to $1,900

Average Rent Value: $951 / month

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