Monticello, ME Foreclosures
How much do homes sell for in Monticello, ME?
The average home price is currently $130,404.
In Monticello, ME, how many homes are available?
There are currently 1 active home listings available in Monticello.
What’s the average rental cost in Monticello, ME?
The average rental price in Monticello is $922.
What is the most expensive home in Monticello?
The most expensive home sold in Monticello had a price of $686,300.
What is currently the cheapest priced home in Monticello, ME?
The cheapest home for sale in Monticello is priced at $38,941.
Living in Monticello, ME
Monticello, Maine is a quaint town located in Aroostook County, known for its rustic beauty and close-knit community. With a population of around 800 residents, it offers a peaceful small-town atmosphere ideal for families and retirees alike. The town is characterized by its beautiful landscapes, outdoor recreational activities, and a commitment to community values.
Current Market Conditions in Monticello, ME
The real estate market in Monticello is currently stable, with moderate fluctuations in home prices due to seasonal variations. The town's appeal as a rural community offers a unique opportunity for homebuyers looking for affordability combined with a peaceful living environment. Recent trends indicate a growing interest in rural properties, pushing prices slightly up as more individuals and families seek out Monticello as a retreat from urban living.
Interest in Monticello's real estate is on the rise, particularly among first-time buyers and those looking for vacation homes. The recent developments in broadband internet infrastructure have made it an attractive option for remote workers and those seeking a second home in a serene environment, suggesting a promising future for the local real estate market.
Home Value Estimator For Monticello, ME
There are currently 301 real estate properties
in Monticello, ME,
with a median automated valuation model (AVM) price
of $102,733.00. 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, ME, 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, ME,
is $130,404.00, with the most expensive house
in Monticello, ME, topping out
at $686,300.00 and the cheapest home
in Monticello, ME,
clocking in at $38,941.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Monticello, ME!
Rent Prices
In Monticello, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Monticello, ME, is on
a rollercoaster ride. The
average rent price in Monticello, ME,
is $922.00. Indeed, when looking to rent in
Monticello, ME, you can expect to pay as little
as $830.00 or as much
as $1,230.00,
with the average rent median estimated to
be $830.00. The good news is that finding
an affordable and desirable property to rent in Monticello, ME
-- 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.
Learn more on Foreclosure homes
