Monticello, MN Real Estate
According to census data in the year 2000 there were 3,005 housing units in Monticello.
This represents a 57.5% growth from 1,908 in 1990.
Of those housing units, 2,959 were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.
Homeownership rate in Monticello is about 72%.
Monticello's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Monticello were built after 1987.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 10.40% |
| Two Bedrooms | 34.10% |
| Three Bedrooms | 33.30% |
| Four Bedrooms | 19.50% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.97 |
| Median year structure was built | 1990 |
| Median Value of occupied units | $130,200 |
| Median Price asked for vacant units | $130,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1983 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 13% |
| Home Equity Loan | 15.20% |
| Simple Mortgage | 57.60% |
| Debt Free | 13.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21% |
