Current Price

$242,203

1 Month Forecast

â–² $273,282

1-Year Forecast *

â–² $287,515

5-Year Forecast *

â–² $322,839

"Is it a good time to buy homes in Monticello?" "Does investing in real estate in Monticello (Illinois State, Piatt County) worth it?" According to our live Forecast System, buying a house in Monticello is a good short-term (1-year) investment*. The Monticello average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Monticello" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Monticello in Illinois State, Piatt County. If you are looking for homes for sale with good flipping profit, Monticello can be a profitable property investment option. The median price of an average house in Monticello was 242,203 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Monticello" area is 322,839 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +33.29% meaning that investing 100000 USD today may yield a profit of 33,293 USD by 2031.

Current Median Listing Price: 242,203 USD Median Listing Price Per Square Foot: 135 USD

Monticello Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Monticello (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Monticello Price Target

Monticello median home price target in 12 months: $287,515* (upside of 18.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $262,926 $273,070 $262,926 $273,070
2024 $229,668 $242,203 $229,363 $242,203
2023 $237,237 $230,685 $230,685 $237,237
2022 $219,188 $236,857 $219,188 $236,857
2021 $206,421 $216,499 $206,421 $216,499
2020 $192,258 $204,574 $192,258 $204,574
2019 $185,599 $191,112 $185,599 $193,044
2018 $186,438 $184,220 $183,392 $186,891
2017 $181,998 $186,137 $181,998 $186,137
2016 $175,430 $181,784 $175,430 $181,784
2015 $168,756 $175,458 $167,749 $175,773
2014 $167,355 $169,687 $167,355 $171,138
2013 $162,537 $166,734 $161,862 $167,048
2012 $158,478 $163,739 $158,478 $164,625

Questions & Answers about the Monticello Housing Market Forecast

How much does an average home cost in Monticello today?

The value of an average home (the listing price) in Monticello is $242,203 USD.

What is the average price per square foot in Monticello?

According to Walletinvestor the median price per square foot in Monticello is 135 USD.

Will the median listing price of homes in Monticello grow / rise / go up?

Yes. The Monticello home prices may rise from 242,203 USD to 287,515 USD in one year.

Is it profitable to invest in Monticello homes?

Yes. The long-term profit potential is +18.71% in one year.

Will Monticello house prices fall / drop?

No. See above.

What is the predicted price of a Monticello home in 2030?

The predicted home sales price of a Monticello home in 2030 in Monticello is 307,712 USD.

What is the predicted price of a Monticello home in 2035?

The predicted home sales price of a Monticello home in 2035 in Monticello is 371,865 USD.

Will real estate prices decrease in Monticello?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Monticello is the 6346. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Piatt, Monticello decreased, looking at the past 12 months.

According to Walletinvestor's Monticello real estate market research, home values will increase in the next 12 months.

Median home values decreased by 8.846% to 242,203 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 19.718% in 2021
  • 17.058% in 2022
  • 19.848% in 2023
  • 19.218% in 2024
  • 18.198% in 2025
  • 20.538% in 2026

Based on our Monticello real estate market research and report the predicted sales prices will increase by 455.648% in the next 10 years.

Over the last 12 months, the value of homes in Monticello fluctuated: increasing 4 times .

Monticello (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Monticello Housing Market Forecast with Real Estate Prices for 2025
August 2025 273282 245954 300611
September 2025 274386 259295 289477
October 2025 276392 262296 290488
November 2025 278412 259480 297344
December 2025 279635 256146 303124
Monticello Housing Market Forecast with Real Estate Prices for 2026
January 2026 279210 259666 298755
February 2026 278852 263515 294189
March 2026 279343 259789 298897
April 2026 281301 267236 295366
May 2026 283357 259555 307159
June 2026 285428 268873 301983
July 2026 287515 259913 315116
August 2026 289616 261234 317999
September 2026 291733 274229 309237
October 2026 293866 272414 315318
November 2026 294489 274463 314514
December 2026 295108 277992 312224
Monticello Housing Market Forecast with Real Estate Prices for 2027
January 2027 294972 267245 322699
February 2027 295555 276048 315061
March 2027 295313 278185 312441
April 2027 296032 272350 319715
May 2027 296507 273676 319338
June 2027 295996 274093 317900
July 2027 294505 279485 309525
August 2027 292967 273631 312302
September 2027 291766 264924 318609
October 2027 291352 264547 318156
November 2027 290837 270187 311486
December 2027 290766 265760 315772
Monticello Housing Market Forecast with Real Estate Prices for 2028
January 2028 289937 268772 311102
February 2028 289842 267814 311870
March 2028 289493 267781 311205
April 2028 289043 263607 314479
May 2028 287769 266474 309064
June 2028 287386 271292 303480
July 2028 288764 260754 316774
August 2028 290875 276331 305418
September 2028 293001 270147 315855
October 2028 294966 265764 324167
November 2028 296156 269798 322514
December 2028 297173 268050 326296
Monticello Housing Market Forecast with Real Estate Prices for 2029
January 2029 297585 269017 326153
February 2029 298849 281814 315883
March 2029 300566 284636 316496
April 2029 302280 282934 321626
May 2029 304490 288656 320323
June 2029 305945 284834 327055
July 2029 307712 289249 326175
August 2029 309495 287830 331159
September 2029 311128 289971 332284
October 2029 313299 296068 330530
November 2029 315589 289080 342099
December 2029 315835 297832 333838
Monticello Housing Market Forecast with Real Estate Prices for 2030
January 2030 317110 299035 335186
February 2030 319428 301540 337316
March 2030 321763 291518 352009
April 2030 323177 296999 349354
May 2030 322686 295258 350114
June 2030 322272 306159 338386
July 2030 322839 292169 353509
August 2030 325102 302995 347209
September 2030 327478 310449 344507
October 2030 329872 305461 354283
November 2030 332283 302046 362521
December 2030 334712 301241 368183
Monticello Housing Market Forecast with Real Estate Prices for 2031
January 2031 337159 319290 355028
February 2031 339624 314152 365095
March 2031 340343 319923 360764
April 2031 341059 311387 370731
May 2031 340902 316698 365106
June 2031 341575 315274 367877
July 2031 341296 318429 364163
August 2031 342127 312704 371550
September 2031 342675 318688 366663
October 2031 342086 310614 373558
November 2031 340362 321983 358742
December 2031 338584 307773 369395
Monticello Housing Market Forecast with Real Estate Prices for 2032
January 2032 337197 314605 359789
February 2032 336718 308770 364665
March 2032 336123 318644 353601
April 2032 336040 309493 362588
May 2032 335083 305931 364235
June 2032 334973 312530 357417
July 2032 334570 317507 351633

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.