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Monticello, IA Real Estate


According to census data in the year 2000 there were 1,623 housing units in Monticello. This represents a 6.1% growth from 1,529 in 1990.

Of those housing units, 1,451 were located in either urbanized areas or urban clusters, and 172 were located in what is classified as a rural area.

Homeownership rate in Monticello is about 68.5%. Monticello's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.25 people.

The majority of houses, apartments or condos in Monticello were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom12.40%
Two Bedrooms32.70%
Three Bedrooms38.10%
Four Bedrooms13.70%
Five Bedrooms or more3%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1959
Median Value of occupied units$78,200
Median Price asked for vacant units$57,500

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1961
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.60%
Home Equity Loan5.90%
Simple Mortgage43.30%
Debt Free48.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16%