Foreclosure Homes in Monticello, MN

Current Market Conditions in Monticello, MN

The real estate market in Monticello is currently seeing a moderate demand with steady growth. As families continue to seek affordable housing options near the Twin Cities metro area, prices have been gradually increasing. The average home price remains competitive, making it an attractive option for first-time homebuyers and those looking to relocate.

There has been a noticeable trend of increased interest in Monticello's real estate, with homes spending less time on the market compared to previous years. The blend of suburban living and easy access to urban centers is appealing, particularly post-pandemic when many seek more space and a connection to nature.

Rent Prices In Monticello, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monticello, MN, is on a rollercoaster ride. The average rent price in Monticello, MN, is $1,454.00. Indeed, when looking to rent in Monticello, MN, you can expect to pay as little as $680.00 or as much as $3,240.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Monticello, MN -- 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.