Housing in Monticello, MN

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$290,000

Median List Price

$360,000

Price Per Sq Ft

$181

Days on Market

62

Active Inventory

36

Months of Supply

2.6

Seller's market

Zillow Home Value

$320,208

ZHVI — January 2026

Zillow Rent Index

$1,556

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 21.2%List Price 8.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

28.6%

Off Market in 2 Weeks

37.5%

Sale-to-List Ratio

98.8%

Buyer's market

Sold Above Asking
28.6%
Under Contract in 2 Wks
37.5%
Listings with Price Drops
19.4%

Market Activity

Source: Redfin

Homes Sold

14

New Listings

15

Pending Sales

16

Homes Sold 16.7%New Listings 25.0%Pending 23.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$181

Median List $/SF

$195

Sale $/SF 2.3%List $/SF 14.7%Mar 24Jan 26

Monticello vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 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

$298,400

Median Rent

$1,462

Total Housing Units

5,565

Vacancy Rate

1.6%

Owner Occupied

64.9%

Renter Occupied

35.1%

Median Property Tax

$2,580

per year

Monthly Cost (w/ Mortgage)

$1,406

Housing Types

Single Family
67.1%
Multi-Family
23.0%
Mobile Home
9.9%

The current median sale price in Monticello, MN is $290,000 according to Redfin data. Homes spend a median of 62 days on the market. 28.6% of homes sold above asking price. The market has 2.6 months of supply. The median price per square foot is $181. Zillow's observed rent index is $1,556/month. About 64.9% of housing units are owner-occupied. The median year homes were built is 1997. There are 5,565 total housing units.