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Condo Foreclosures in Monterey, IN

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Monterey, IN Foreclosures

Current Market Conditions in in Monterey, IN As of March 2026?
Over the last month, there has been a minor uptick in home sales within Monterey, attributed to the beautiful fall weather attracting buyers looking to relocate. With an increase in viewings and open houses, sellers are seeing quicker sales, particularly for well-maintained properties. The overall market remains competitive, although prices have stabilized after a previous surge.
How much do homes sell for in Monterey, IN?
The average home price is currently $199,308.
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 $1,335,070.
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, Indiana, is a quiet small town known for its beautiful lakefront views and outdoor recreational opportunities. With a tight-knit community atmosphere and access to essential amenities, it's an ideal area for families looking for peace and nature. The surrounding landscape provides numerous activities for residents and visitors alike.

Buyer vs Seller Market in Monterey, IN

The real estate market in Monterey is currently stable, with a steady demand for homes primarily driven by families and retirees seeking a peaceful environment. Recent trends indicate a gradual increase in property values as more people discover the charm of living near scenic lakes and outdoor activities.

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 $153,800.00. 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 $199,308.00, with the most expensive house in Monterey, IN, topping out at $1,335,070.00 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 Condos

Market Trend for Monterey, IN

Total Listings Available: 0

Market Values:

Home Prices from $11,456 to $1,335,070

Average Sales Price: $199,308

Rental Values:

Rental from $470 to $1,900

Average Rent Value: $951 / month

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