Is Monticello, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Monticello is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Monticello was a Buyer's Market.

Key Takeaway

Monticello is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Monticello, WI

How much do homes in Monticello, WI cost?

Median Sold Price

$412,500

$166/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$62,500(+17.9%)

Key Takeaway

Homes in Monticello have sold for 17.9% more than they did a month ago.

Summary: The median home sold price in Monticello was $412,500 in October 2024, up 17.9% from last month, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $350K$625K
+78.6%
4 -$200K
N/A
5+ --
N/A

Summary: Monticello housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 78.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Apple River Township
+44.2%
Apple River
+44.2%
Monticello
+17.9%

Housing Supply in Monticello, WI

How many homes are available in Monticello, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1012+20.0%

Summary: The Monticello real estate market had 12 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 57
+40.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Monticello housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Monticello, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Monticello in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Monticello, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Monticello, WI

Nearby Markets to Monticello, WI