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Rent To Own Homes in Monticello, IA

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Living in Monticello, IA

Monticello, IA is a family-friendly town known for its historical charm and modern amenities. With a supportive community, excellent schools, and ample outdoor activities, it's an ideal place for families looking to settle down. The real estate market features diverse housing options catering to various budgets.

Current Market Conditions in Monticello, IA

The real estate market in Monticello is currently favorable for buyers, with a reasonable inventory of homes available. Prices are generally stable, making it a good time for potential investors to enter the market.

As the community continues to grow, there is increasing demand for housing, driven by the town's appeal as a family-friendly location and its proximity to larger cities like Cedar Rapids.

Home Value Estimator For Monticello, IA

There are currently 2,480 real estate properties in Monticello, IA, with a median automated valuation model (AVM) price of $169,750.00. 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, IA, 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, IA, is $205,094.00, with the most expensive house in Monticello, IA, topping out at $6,773,149.00 and the cheapest home in Monticello, IA, clocking in at $10,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Monticello, IA!

Rent Prices In Monticello, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monticello, IA, is on a rollercoaster ride. The average rent price in Monticello, IA, is $1,338.00. Indeed, when looking to rent in Monticello, IA, you can expect to pay as little as $760.00 or as much as $2,340.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Monticello, IA -- 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, IA Rent To Own Homes

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