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Monticello, AR Foreclosures

How much do homes sell for in Monticello, AR?
The average home price is currently $160,833.
In Monticello, AR, how many homes are available?
There are currently 5 active home listings available in Monticello.
What’s the average rental cost in Monticello, AR?
The average rental price in Monticello is $929.
What is the most expensive home in Monticello?
The most expensive home sold in Monticello had a price of $2,931,117.
What is currently the cheapest priced home in Monticello, AR?
The cheapest home for sale in Monticello is priced at $10,659.

Living in Monticello, AR

Monticello, Arkansas, is a small yet vibrant town known for its warm community spirit and a variety of outdoor recreational activities. Nestled in the picturesque landscapes of Southeast Arkansas, it features a mix of historical charm and modern amenities. The town provides residents with essential services, shopping, and dining options while being surrounded by the natural beauty of the Ouachita Mountains.

Current Market Conditions in Monticello, AR

The Monticello real estate market has been experiencing a steady growth trend with a reduced inventory of homes for sale. The average price of homes has increased moderately over the past year, driven partly by the town's appeal to new residents seeking a peaceful environment coupled with essential amenities.

Buyers are finding the market competitive but still affordable compared to national averages, with a mix of single-family homes and rental properties available for various budgets. The demand for homes in Monticello indicates a healthy real estate climate with potential for appreciation.

Home Value Estimator For Monticello, AR

There are currently 5,375 real estate properties in Monticello, AR, with a median automated valuation model (AVM) price of $124,689.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monticello, AR, 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 Monticello, AR, is $160,833.00, with the most expensive house in Monticello, AR, topping out at $2,931,117.00 and the cheapest home in Monticello, AR, clocking in at $10,659.00. In other words, there’s something for every potential homebuyer or savvy investor in Monticello, AR!

Rent Prices In Monticello, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monticello, AR, is on a rollercoaster ride. The average rent price in Monticello, AR, is $929.00. Indeed, when looking to rent in Monticello, AR, you can expect to pay as little as $410.00 or as much as $2,400.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Monticello, AR -- 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.

Monticello, AR Search Results


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