Monticello, MN Home Values & Market Trends
Real estate market trends reflect that there have been 312 transactions over the past year in Monticello. The median value for residential home transactions that occurred over the previous year is $324,736.97. The number of current listings in Monticello is 26, and the percentage of properties for sale in the city is 26.00%. Monticello, MN currently has 11 properties in foreclosure, 2 bank owned properties, 9 properties headed for auction, and 26 properties for sale.
Monticello, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55362 | $ 337,200 $ 161/sqft |
Housing Market Summary for Monticello, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $338K | $309.5K | -8.43% |
| Median Sold Price | $317.5K | $309.5K | -2.51% |
| Homes For Sale | 23 | 27 | 17.39% |
| Homes Sold | 113 | 150 | 32.74% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Monticello, MN
Browse Homes in Monticello, MN
Monticello home values range from $48,874 to $2,165,580. The median estimated value of a home in Monticello is $324,736.97. The median list price of a home is 332,450, and the total count of properties in the city is 6,125.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Monticello, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Monticello, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Monticello, MN ranges from the highest value of $265,750 in 55362 to the lowest value of $217,602 in 55362. Bank owned homes and properties account for 0.03% of properties in Monticello, MN. There is 1 zips within Monticello, MN; 55362 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55362 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Monticello, MN. Auction homes and other auction properties account for 0.15% of all properties in Monticello, MN. There is 1 zips within Monticello, MN; of that zips, the median estimated home value for homes going to auction ranges from $398,889 in 55362 to the lowest value of $223,333 in 55362.
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