Monticello, IN Housing Market 2026: Median Home Price, Last 12 Months

In a market the size of Monticello, individual sales move the needle. The figures below rest on 113 tracked closings over the last 12 months, so read them as the direction of the market rather than a precise price for any one street.

The snapshot

• •Closings tracked, last 12 months: 113
• •Median sold price, last 12 months: $195,000 (low-volume sample)
• •Median sold $/sqft, last 12 months: $144
• •Middle half of sales closed between: $151,900 and $235,000

What the numbers say

Resideline tracked 113 closed sales in Monticello over the last 12 months, with a median closing price of $195,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $151,900 and $235,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 95% of the Monticello closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 113 closings with usable living area, the middle half sold between $98 and $181 per square foot.

Figures last updated October 3, 2026 from closings Resideline tracked.

Median home price in Monticello, IN (October 2026)

The median home price in Monticello is $195,000, measured across the 113 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $151,900 and $235,000.

Where Monticello sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Monticello over the last 12 months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $151,900 and $235,000. Among the 55 Indiana markets with a published band, Monticello's middle-half spread ($151,900 to $235,000) ranks 20th from the narrowest. Where your target property sits inside that spread matters more than the citywide median.

How long a sale takes here

• •Listed to under contract: a median of 37 days, across 61 Monticello closings Resideline tracked in the last 12 months
• •Contract to closing: a median of 17 days, across 63 Monticello closings Resideline tracked in the last 12 months

The Monticello angle

The middle half of sales runs from $151,900 to $235,000, and with a band that wide the citywide $195,000 says very little about a specific parcel. Two properties can both be entirely ordinary for the city and still close far apart. That argues for building the estimate from the comp set outward rather than from the midpoint down. Start with closings that match on property type and living area, and fall back on $195,000 only when you cannot assemble one at all. With 113 closings on record, higher transaction volume creates more potential comps, but the usable set for an individual property still depends on property type, size, condition, location, and recency.

Monticello market data by ZIP code

Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Monticello ZIP codes: 47960.

From market read to offer price

A thin market punishes generic pricing; the way to firm up a number here is the specific property and its handful of true comps. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator, rehab cost estimator, BRRRR calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Monticello address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Monticello, IN
Geography: incorporated municipality, Census place 1850760
Data updated: October 2026
Analysis period: last 12 months
Tracked closings: 113
Median sold price: $195,000
Median sold $/sqft: $144 (113 qualifying)
Property mix: 95% houses
https://resideline.com/blog/monticello-in-housing-market

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<a href="https://resideline.com/blog/monticello-in-housing-market">
  <img src="https://resideline.com/images/embed/monticello-in.png" alt="Monticello, IN home sale price distribution, last 12 months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/monticello-in-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records. This is a low-volume sample: treat the statistics as directional rather than precise estimates of the entire local market.

Every local market figure on this page is computed from closed sales Resideline tracked in Monticello over the last 12 months, and is refreshed when the data is. This is a low-volume market: the figures below rest on 113 closings within the Monticello city limits, so treat the median as indicative rather than precise.