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Preforeclosure Homes in Monticello, KY

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Monticello, KY Foreclosures

Current Market Conditions in in Monticello, KY As of January 2026?
Over the past month, the Monticello real estate market has seen a slight uptick in home sales, attributed to the summer season and families looking to relocate before the school year begins. This increase in activity has led to a minor rise in home prices, as buyers compete for limited listings. Inventory remains low, particularly for homes in desirable areas close to the lake, which has created favorable conditions for sellers.
How much do homes sell for in Monticello, KY?
The average home price is currently $178,665.
In Monticello, KY, how many homes are available?
There are currently 3 active home listings available in Monticello.
What’s the average rental cost in Monticello, KY?
The average rental price in Monticello is $821.
What is the most expensive home in Monticello?
The most expensive home sold in Monticello had a price of $4,825,244.
What is currently the cheapest priced home in Monticello, KY?
The cheapest home for sale in Monticello is priced at $6,942.

Living in Monticello, KY

Monticello, KY is a picturesque small town that offers a serene lifestyle with easy access to beautiful outdoor spaces, including Lake Cumberland. Known for its friendly community and strong educational focus, Monticello provides a variety of recreational activities and local events that cater to residents of all ages. This tranquil town is perfect for those seeking a relaxing pace of life while enjoying the charm of Southern Kentucky.

Buyer vs Seller Market in Monticello, KY

Monticello's real estate market has shown signs of stability with moderate growth over the past few years. Home prices have remained relatively affordable, making it an attractive option for first-time homebuyers and investors alike. The rental market is also growing, fueled by demand from those seeking temporary housing near the lake.

There has been an increase in interest for properties near Lake Cumberland, as people are drawn to the natural beauty and recreational opportunities provided by the lake. This trend has led to new developments and renovations of existing homes to accommodate the influx of both seasonal residents and permanent movers.

Home Value Estimator For Monticello, KY

There are currently 8,913 real estate properties in Monticello, KY, with a median automated valuation model (AVM) price of $144,487.00. 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, KY, 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, KY, is $178,665.00, with the most expensive house in Monticello, KY, topping out at $4,825,244.00 and the cheapest home in Monticello, KY, clocking in at $6,942.00. In other words, there’s something for every potential homebuyer or savvy investor in Monticello, KY!

Rent Prices In Monticello, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monticello, KY, is on a rollercoaster ride. The average rent price in Monticello, KY, is $821.00. Indeed, when looking to rent in Monticello, KY, you can expect to pay as little as $380.00 or as much as $2,080.00, with the average rent median estimated to be $780.00. The good news is that finding an affordable and desirable property to rent in Monticello, KY -- 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, KY Preforeclosure Homes


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