Median price for residential apartments in Monticello, IA as of Dec, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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9 Monticello, IA 52310, USA apartments for sale
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Monticello
According to statistics, the population in Monticello, IA amounts to 3,817, which shows decline 0% compared to the previous year. The median age of the city’s residents is 40. The average household income is $51,341, shifting growth 2% from the past year, and the average property value in Monticello, IA decline -2% to $115,200 throughout the year.
| Population | 3,817 |
| Median Age | 39.9 |
| Poverty Rate | 8% |
| Household Income | $51,341 |
| Number Of Employees | 1,966 |
| Median Property Value | $115,200 |
Household Income
The average household income in Monticello, IA grew from $50,226 to $51,341 in the past year. This data is an estimate based upon 1,618 households in Monticello, IA . The chart below presents how household income is distributed in Monticello, IA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Monticello, IA shifted from $117,000 to $115,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Monticello, IA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Monticello, IA properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Monticello, IA compared to median property taxes around the country. The prevalent amount of property taxes in Monticello, IA equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Monticello, IA 52310, USA
Average apartment sale in Monticello: $306,633 (+12.7%)
| Apartment Size | Dec | vs Last Month |
|---|---|---|
| 2-bed apartments | $120,000 | +0% |
| 3-bed apartments | $485,000 | +36.2% |
| 4+ bed apartments | $314,900 | +0% |
During Dec 2022, the average price for an apartment in/near Monticello, IA increased by 12.7% to $306,633.
Asking price for 2-bed apartment also increased by 0% and a place of this size will now cost you $120,000. A 3-bed apartment goes for $485,000, it increased by 36.2% lately. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $314,900 for a big-family home.
| Listing Type | Dec | vs Last Month |
|---|---|---|
| Houses for sale | $399,950 | +24% |
| Lofts for sale | $120,000 | +0% |
Price reports demonstrate that house price increased by 24% this month making it up to $399,950. The price statistics of lofts have not significantly changed, it now still goes for $120,000.
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