Housing in Monticello, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$300,306

Median List Price

$239,900

Price Per Sq Ft

$138

Days on Market

70

Active Inventory

20

Months of Supply

2.0

Seller's market

Zillow Home Value

$262,941

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 54.0%List Price 11.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

97.3%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
20.0%

Market Activity

Source: Redfin

Homes Sold

10

New Listings

7

Pending Sales

8

Homes Sold 42.9%New Listings 0.0%Pending 11.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$138

Median List $/SF

$137

Sale $/SF 17.9%List $/SF 3.5%Mar 24Jan 26

Monticello vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Monticello is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$196,000

Median Rent

$1,030

Total Housing Units

2,817

Vacancy Rate

4.5%

Owner Occupied

84.3%

Renter Occupied

15.7%

Median Property Tax

$3,405

per year

Monthly Cost (w/ Mortgage)

$1,256

Housing Types

Single Family
88.1%
Multi-Family
9.9%
Mobile Home
1.9%

The current median sale price in Monticello, IL is $300,306 according to Redfin data. Homes spend a median of 70 days on the market. 20.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $138. The median rent is $1,030 per month (Census ACS). About 84.3% of housing units are owner-occupied. The median year homes were built is 1976. There are 2,817 total housing units.