Search Results in Monticello, IN

Current Market Conditions in Monticello, IN

The real estate market in Monticello has shown a steady demand for homes over the last few months, with both buyers and sellers actively participating. There is an increasing interest in waterfront properties, particularly those near Lake Shafer, as more individuals seek second homes or retirement opportunities in scenic locations. Pricing remains competitive, reflecting the area's desirability and quality of life.

As more families and young professionals discover the advantages of living in smaller towns, Monticello has witnessed a gradual increase in home prices, driven by limited inventory and a surge in demand. New developments and housing projects are in the pipeline, aiming to accommodate the growing population while maintaining the unique charm of the city.

Rent Prices In Monticello, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monticello, IN, is on a rollercoaster ride. The average rent price in Monticello, IN, is $1,205.00. Indeed, when looking to rent in Monticello, IN, you can expect to pay as little as $520.00 or as much as $3,300.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Monticello, IN -- 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.