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Short Sale Listings in Monticello, IN

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Living in Monticello, IN

Monticello, IN is a delightful small town that offers a blend of recreational activities and community spirit. Located near picturesque lakes and rivers, it provides a rich lifestyle for families and individuals alike. The city's focus on education, combined with its local amenities, makes it an attractive destination for real estate investment.

Current Market Conditions in Monticello, IN

The real estate market in Monticello is currently experiencing steady growth, driven by the area's appeal as a summer destination and its outdoor recreational opportunities. Recent trends indicate an increase in property values, making it an opportune time for investors to consider purchasing rental or vacation properties.

With a mix of affordable homes and higher-end properties along the lakefront, the market caters to a wide range of buyers. The demand for housing is consistent but manageable, ensuring good options for investors looking to enter or expand in the Monticello area.

Home Value Estimator For Monticello, IN

There are currently 7,099 real estate properties in Monticello, IN, with a median automated valuation model (AVM) price of $246,225.00. 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, IN, 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, IN, is $296,195.00, with the most expensive house in Monticello, IN, topping out at $7,110,900.00 and the cheapest home in Monticello, IN, clocking in at $16,773.00. In other words, there’s something for every potential homebuyer or savvy investor in Monticello, IN!

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.

Monticello, IN Short Sale Listings


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