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.
Monte Rio is located in Sonoma, California, with an estimated municipal population of 977 residents. All of the best foreclosed homes for sale in Monte Rio are located in the following zip code areas on Foreclosure.com: 95462 95486. The estimated population per square kilometer (.62 miles) in Monte Rio is 198.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Monte Rio, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Monte Rio is 51.3, split between 59.5 percent male versus 40.5 female. The percentage of residents who report being married in Monte Rio is 25.9, with an average family size of 2.99.
The percentage of residents who report their race in Monte Rio is as follows:
White | 93.6% |
Black / African American | 0% |
Asian | 1.8% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 3.8% |
Other | 0.8% |
Looking for family-friendly neighborhoods in and/or near Monte Rio? Or maybe you are searching for 55+ active adult communities in and/or near Monte Rio?
The percentage of residents who report their age in Monte Rio is as follows:
Under 10 | 7.7% |
Aged 10-19 | 8.2% |
20s | 9.2% |
30s | 14.2% |
40s | 9.9% |
50s | 16.1% |
60s | 25.6% |
70s | 6.8% |
80+ | 2.2% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Monte Rio with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Monte Rio.
How do you know that living in -- or moving to -- Monte Rio is right where you need to be? Perhaps you grew up in Monte Rio or already live nearby; therefore, the decision to buy a home in Monte Rio is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Monte Rio for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Monte Rio:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Monte Rio.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Monte Rio can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Monte Rio, meanwhile, can field multiple offers from more qualified buyers.
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