Foreclosure Homes in Monticello, IL

Current Market Conditions in Monticello, IL

Monticello's real estate market has shown steady growth over the past year, with an increase in home values driven by the town's appealing lifestyle and quality schools. The demand for housing has remained strong, leading to a competitive market for buyers and fewer homes available.

Recent trends indicate a rise in interest from families looking to settle in Monticello for its community-focused lifestyle and strong educational institutions. As remote work becomes more common, many are seeking homes that offer both comfort and access to outdoor activities.

Rent Prices In Monticello, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monticello, IL, is on a rollercoaster ride. The average rent price in Monticello, IL, is $1,436.00. Indeed, when looking to rent in Monticello, IL, you can expect to pay as little as $540.00 or as much as $3,780.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Monticello, IL -- 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.