Condo Foreclosures in Monticello, MN

Current Market Conditions in Monticello, MN

The Monticello real estate market has seen a steady increase in home prices over the last few years, reflecting a growing demand for housing in suburban areas. This trend can be attributed to the city's appeal to families and young professionals seeking more space and a quality living environment.

Monticello's market is characterized by a balance of available single-family homes, townhouses, and apartments, catering to a diverse range of buyers. The average time on the market for homes has decreased, indicating that properties are being sold at a faster pace than in previous years.

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 $1,453.00. 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.