Monticello, UT Foreclosures
Current Market Conditions in in Monticello, UT As of March 2026?
Over the past month, Monticello’s real estate market has shown a slight increase in inventory levels, allowing buyers more options to consider. The average days on market has increased, indicating that while buyers are still active, they may be taking more time to make decisions. There have been several price adjustments as sellers respond to the changing market conditions, with more homes entering the market at competitive prices. Overall, the market is balancing itself, offering opportunities for both buyers and sellers.
How much do homes sell for in Monticello, UT?
The average home price is currently $325,300.
In Monticello, UT, how many homes are available?
There are currently 5 active home listings available in Monticello.
What’s the average rental cost in Monticello, UT?
The average rental price in Monticello is $1,428.
What is the most expensive home in Monticello?
The most expensive home sold in Monticello had a price of $3,921,600.
What is currently the cheapest priced home in Monticello, UT?
The cheapest home for sale in Monticello is priced at $51,933.
Living in Monticello, UT
Monticello, UT is a charming small town located in the scenic southeastern region of Utah. Known for its outdoor recreational opportunities and beautiful landscapes, Monticello offers a quiet, family-friendly atmosphere. With local amenities and nearby national parks, it attracts those seeking peace and adventure alike.
Buyer vs Seller Market in Monticello, UT
The real estate market in Monticello remains stable with moderate price increases observed over the last year. The area's appeal as a gateway to outdoor adventures and national parks has drawn interest from both locals and out-of-state buyers, bolstering demand. Moreover, the limited inventory of homes has contributed to a competitive market, especially among first-time home buyers and retirees looking for vacation homes or downsizing options.
In recent months, the housing market has shown signs of cooling slightly, with a few price reductions noted. This is mainly due to seasonal fluctuations and a rise in interest rates. However, opportunities still exist for buyers, especially in the lower price brackets. Interest in larger properties with land has increased, particularly from those wanting to invest in agriculture or establish homesteads.
Home Value Estimator For Monticello, UT
There are currently 743 real estate properties
in Monticello, UT,
with a median automated valuation model (AVM) price
of $299,000.00. 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, UT, 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, UT,
is $325,300.00, with the most expensive house
in Monticello, UT, topping out
at $3,921,600.00 and the cheapest home
in Monticello, UT,
clocking in at $51,933.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Monticello, UT!
Rent Prices
In Monticello, UT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Monticello, UT, is on
a rollercoaster ride. The
average rent price in Monticello, UT,
is $1,428.00. Indeed, when looking to rent in
Monticello, UT, you can expect to pay as little
as $670.00 or as much
as $1,820.00,
with the average rent median estimated to
be $1,430.00. The good news is that finding
an affordable and desirable property to rent in Monticello, UT
-- 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.
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