There are currently 926 real estate properties in Monte Rio, CA, with a median automated valuation model (AVM) price of $479,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monte Rio, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Monte Rio, CA, is $544,984.00, with the most expensive house in Monte Rio, CA, topping out at $2,721,000.00 and the cheapest home in Monte Rio, CA, clocking in at $66,250.00. In other words, there’s something for every potential homebuyer or savvy investor in Monte Rio, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monte Rio, CA, is on a rollercoaster ride. The average rent price in Monte Rio, CA, is $1,844.00. Indeed, when looking to rent in Monte Rio, CA, you can expect to pay as little as $1,010.00 or as much as $3,780.00, with the average rent median estimated to be $1,790.00. The good news is that finding an affordable and desirable property to rent in Monte Rio, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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