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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 Type0.90%
One Bedroom10.40%
Two Bedrooms34.10%
Three Bedrooms33.30%
Four Bedrooms19.50%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.97
Median year structure was built1990
Median Value of occupied units$130,200
Median Price asked for vacant units$130,400

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1983

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage13%
Home Equity Loan15.20%
Simple Mortgage57.60%
Debt Free13.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21%