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Monticello Carnegie LibraryPhoto: Nyttend · Public domain
Housing in Monticello

73 homes sold in Monticello in the last year, at a typical $199K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Monticello homes are listed.

Homes sold
73
October 2025 to September 2026
Typical sale price
$199K
median, weighted by sales
Price per square foot
$146
Indiana $149
Paid vs. asking
96.4%
15% sold over asking
For sale now
23
September 2026 · 11 sold that month
What sold · last 12 months

Houses are 0% of Monticello’s sales, at a typical — (year to May 2026)

73 homes sold in the year to September 2026.

14 years of sales

More homes sell than most years, at 2.2 times the 2016 price

73 sales in the last year, against 97 in 2021 and a low of 0 in 2012. The typical sale went from $90K in 2016 to $199K.

Homes soldTypical sale price
0255075100$75K$150K$225K$300K2012: 0 sold, typical —’122013: 1 sold, typical $13K2014: 40 sold, typical $79K’142015: 72 sold, typical $80K2016: 76 sold, typical $90K’162017: 85 sold, typical $92K2018: 71 sold, typical $112K’182019: 70 sold, typical $110K2020: 65 sold, typical $125K’202021: 97 sold, typical $141K2022: 82 sold, typical $156K’222023: 60 sold, typical $168K2024: 73 sold, typical $179K’242025: 52 sold, typical $197KLast 12 months: 73 sold, typical $199KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Monticello are back to pre-pandemic levels, but a quarter fewer homes come up for sale

We read every month of Monticello’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 73 sales.

If you’re buying in Monticello

  • Shop in June. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • Offer under asking. Buyers paid 96.4% of the list price on average; 15% paid over.
  • You’ll usually have time. Only 44% of homes go under contract within two weeks; the typical one takes 47 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

August has the most new listings (about 8 a month), but May is the most competitive: 19% of May sales close over asking. May and June offer nearly as much choice with fewer homes bid up (19%). February has the least competition (7%) but only about 4 new listings.

New listings a monthShare sold over asking
02.557.5107%13%20%Sweet spotJan: 4 new listings a month, 11% sold over asking, 105 days to sellJFeb: 4 new listings a month, 7% sold over asking, 130 days to sellFMar: 5 new listings a month, 12% sold over asking, 101 days to sellMApr: 6 new listings a month, 15% sold over asking, 83 days to sellAMay: 7 new listings a month, 19% sold over asking, 95 days to sellMJun: 7 new listings a month, 16% sold over asking, 90 days to sellJJul: 8 new listings a month, 18% sold over asking, 90 days to sellJAug: 8 new listings a month, 17% sold over asking, 86 days to sellASep: 8 new listings a month, 19% sold over asking, 81 days to sellSOct: 7 new listings a month, 18% sold over asking, 63 days to sellONov: 6 new listings a month, 18% sold over asking, 73 days to sellNDec: 5 new listings a month, 16% sold over asking, 86 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Indiana as a whole

Monticello now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price15%13%29%17%
Gone within two weeksShare of homes under contract within 14 days44%3%2%35%
Price paid vs. askingAverage sale price ÷ list price96.4%95.2%98.4%97.5%
Days to sellMedian days from listing to contract471236238
Supply

23 homes for sale on a typical day

That’s 2.5 times the 2023 low (9), 22% fewer than in 2017–19 and well under 2015’s 55.

2012: 10 for sale’122013: 17 for sale2014: 53 for sale2015: 55 for sale’152016: 37 for sale2017: 35 for sale2018: 29 for sale’182019: 26 for sale2020: 21 for sale2021: 16 for sale’212022: 14 for sale2023: 9 for sale2024: 11 for sale’242025: 13 for saleLast 12 months: 23 for saleNow
Across Indiana

Monticello ranks 99th of 146 busy Indiana markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Monticello is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Monticello home costs about $1,157 a month

Mortgage
Property tax
Insurance
Rent

Price: Monticello’s typical sale, last 12 months. Property tax at Monticello’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Monticello is affordable on local pay is on Cost of living.

Before you buy in Monticello

Six things worth knowing

8

New listings in August

The month with the most choice. February has the fewest, about 4.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $199K home, about $1,430 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Monticello, from test results, graduation and how much students grow.

Schools in Monticello
20 min

Typical commute

The average one-way trip to work for people who live in Monticello.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Delphi, Flora, Wabash Township and Logansport sell for less a square foot; West Lafayette for far more

The busier markets within 25 miles of Monticello, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
West Lafayette247$380K$18314%28
Logansport210$143K$9720%47
Wabash Township142$167K$11022%42
Monticello73$199K$14615%47
Delphi43$234K$13815%32
Battle Ground30$338K$17616%41
Flora29$184K$12225%51

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Monticello, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Monticello. People who follow the town see it, and so do people comparing Monticello with their own town. No commission, no listing fee.

Questions about buying a home in Monticello

What do homes sell for in Monticello, IN?

73 homes sold in the year to September 2026 at a typical $199K, $146 a square foot.

Is Monticello a buyer’s or seller’s market?

A seller’s market: 23 homes were for sale in September 2026 and 11 sold, about 2.1 months of supply. Buyers paid 96.4% of asking on average.

When is the best time to buy in Monticello?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Monticello?

About 0.7% of a home’s value a year. On a $199K home that’s near $1,430.

Where can I see homes for sale in Monticello?

Zillow, Redfin, Realtor.com and Homes.com all carry Monticello’s MLS listings; the search links above open each one filtered to Monticello.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).