Monterey, MA Foreclosures
How much do homes sell for in Monterey, MA?
The average home price is currently $937,927.
In Monterey, MA, how many homes are available?
There are currently 1 active home listings available in Monterey.
What’s the average rental cost in Monterey, MA?
The average rental price in Monterey is $2,120.
What is the most expensive home in Monterey?
The most expensive home sold in Monterey had a price of $7,787,827.
What is currently the cheapest priced home in Monterey, MA?
The cheapest home for sale in Monterey is priced at $44,852.
Living in Monterey, MA
Monterey, MA, is a quaint town set against the backdrop of the beautiful Berkshire Mountains. With its scenic landscapes and a close-knit community, it offers a tranquil lifestyle. Outdoor activities abound, making it an ideal location for nature lovers and those looking to escape the hustle and bustle of city life.
Current Market Conditions in Monterey, MA
The current real estate market in Monterey, MA, is characterized by a steady demand for homes, primarily driven by the desire for peaceful living away from urban areas. Home values have shown a moderate increase over the past year, influenced by the town's appealing lifestyle and natural settings.
Properties in Monterey tend to sell relatively quickly, particularly during the warmer months when interest peaks. However, the market also showcases a variety of listings, ranging from cozy cabins to more extensive family homes, catering to different budgets and preferences.
Home Value Estimator For Monterey, MA
There are currently 844 real estate properties
in Monterey, MA,
with a median automated valuation model (AVM) price
of $748,902.00. 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, MA, 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, MA,
is $937,927.00, with the most expensive house
in Monterey, MA, topping out
at $7,787,827.00 and the cheapest home
in Monterey, MA,
clocking in at $44,852.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Monterey, MA!
Rent Prices
In Monterey, MA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Monterey, MA, is on
a rollercoaster ride. The
average rent price in Monterey, MA,
is $2,120.00. Indeed, when looking to rent in
Monterey, MA, you can expect to pay as little
as $890.00 or as much
as $4,160.00,
with the average rent median estimated to
be $2,040.00. The good news is that finding
an affordable and desirable property to rent in Monterey, MA
-- 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.