Foreclosure Homes in Monticello, NY

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Monticello, NY Foreclosures

How much do homes sell for in Monticello, NY?
The average home price is currently $348,881.
In Monticello, NY, how many homes are available?
There are currently 4,082 active home listings available in Monticello.
What’s the average rental cost in Monticello, NY?
The average rental price in Monticello is $1,423.
What is the most expensive home in Monticello, New York?
The most expensive home sold in Monticello had a price of $16,323,000.
What is currently the cheapest priced home in Monticello, NY?
The cheapest home for sale in Monticello is priced at $12,674.

Home Value Estimator For Monticello, NY

There are currently 4,082 real estate properties in Monticello, NY, with a median automated valuation model (AVM) price of $251,547.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monticello, NY, 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 Monticello, NY, is $348,881.00, with the most expensive house in Monticello, NY, topping out at $16,323,000.00 and the cheapest home in Monticello, NY, clocking in at $12,674.00. In other words, there’s something for every potential homebuyer or savvy investor in Monticello, NY!

Rent Prices In Monticello, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monticello, NY, is on a rollercoaster ride. The average rent price in Monticello, NY, is $1,423.00. Indeed, when looking to rent in Monticello, NY, you can expect to pay as little as $710.00 or as much as $5,020.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Monticello, NY -- 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.

Top Reasons To Live In Monticello, NY In 2024

Monticello is located in Sullivan, New York, with an estimated municipal population of 6,385 residents. All of the best foreclosed homes for sale in Monticello are located in the following zip code areas on 12701. The estimated population per square kilometer (.62 miles) in Monticello is 605.

Cost Of Living In Monticello, NY

So, about how much do homes cost in Monticello? The most recent median value of resident-owned homes in Monticello is 95,920. An estimated 30.4 percent of households in Monticello own their homes, with an average family size of 3.44. The median household income in Monticello is 31,723, with13.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Monticello, the median commute time of resident workers (in minutes) is 20.9. And last, but certainly not least, are you looking for homes to rent in Monticello? If so, the average rent price paid by renters in Monticello is 925, according to recent statistics.

Diversity And Demographics In Monticello, New York

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 Monticello, 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 Monticello is 36, split between 52.1 percent male versus 47.9 female. The percentage of residents who report being married in Monticello is 22.2, with an average family size of 3.44.

The percentage of residents who report their race in Monticello is as follows:

White 43%
Black / African American 28.8%
Asian 2.5%
American Indian / Alaskan Native 1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 13%
Other 11.8%

Looking for family-friendly neighborhoods in and/or near Monticello? Or maybe you are searching for 55+ active adult communities in and/or near Monticello?

The percentage of residents who report their age in Monticello is as follows:

Under 10 15.4%
Aged 10-19 9.6%
20s 12.8%
30s 17.1%
40s 9.6%
50s 13.2%
60s 10.8%
70s 7.6%
80+ 4%

Best Schools In Monticello, New York

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 Monticello with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Monticello.

Pros And Cons Of Living In Monticello, New York

How do you know that living in -- or moving to -- Monticello is right where you need to be? Perhaps you grew up in Monticello or already live nearby; therefore, the decision to buy a home in Monticello is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Monticello 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 Monticello:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Monticello.

Reasons To Move To Monticello, New York, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Monticello can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Monticello, meanwhile, can field multiple offers from more qualified buyers.

Monticello, NY Foreclosures


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