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Foreclosure Homes in Monticello, IL

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Monticello, IL Foreclosures

Current Market Conditions in in Monticello, IL As of May 2026?
Home values: +1.22% MoM; rent: +0.00% MoM.
How much do homes sell for in Monticello, IL?
The average home price is currently $294,151.
In Monticello, IL, how many homes are available?
There are currently 11 active home listings available in Monticello.
What’s the average rental cost in Monticello, IL?
The average rental price in Monticello is $1,436.
What is the most expensive home in Monticello?
The most expensive home sold in Monticello had a price of $2,387,093.
What is currently the cheapest priced home in Monticello, IL?
The cheapest home for sale in Monticello is priced at $24,604.

Living in Monticello, IL

Monticello, IL is a Piatt County community with small-town character, access to I-72, and proximity to Champaign-Urbana and Decatur. The market data provided shows a median home value of $261,445 and median rent of $1,320 as of 2026-05-14.

Buyer vs Seller Market in Monticello, IL

Median home value: $261,445 as of 2026-05-14.

Median rent: $1,320 as of 2026-05-14.

Home values: +1.22% MoM, +10.60% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Monticello, IL

There are currently 3,188 real estate properties in Monticello, IL, with a median automated valuation model (AVM) price of $261,445.00. 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, IL, 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, IL, is $294,151.00, with the most expensive house in Monticello, IL, topping out at $2,387,093.00 and the cheapest home in Monticello, IL, clocking in at $24,604.00. In other words, there’s something for every potential homebuyer or savvy investor in Monticello, IL!

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.

Monticello, IL Foreclosures

Market Trend for Monticello, IL

Total Listings Available: 11

Market Values:

Home Prices from $24,604 to $2,387,093

Average Sales Price: $294,151

Rental Values:

Rental from $540 to $3,780

Average Rent Value: $1,436 / month

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