Condo Foreclosures in Monticello, IL

Current Market Conditions in Monticello, IL

The Monticello real estate market has been steady, with a growing interest from potential buyers looking for affordable housing options within a friendly community. Homes in the area typically offer good value, making it an inviting market for first-time homebuyers and families.

In recent months, the Monticello market has shown signs of resilience, with prices stabilizing and a modest increase in inventory. The demand for homes has remained consistent, fueled by the area's desirable amenities, schools, and lifestyle offerings.

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.