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Monticello real estate Market Report.
Information and statistics on the latest trends in the Monticello real estate market, updated for May 2026. *
The typical home value in Monticello is projected to be $195,460 for the month of April. March's finalized data reported the typical value of a home in the city to be $200,000—down 20.95% over the previous 12 months. For comparison, county-level data pegged home values at $195,000 in Piatt County for the most recent reporting period. That number is expected to float around $185,000 in April.
Monticello had 8 new listings and 17 listings that went under contract in March, and this flat trend left the area's total available inventory at 24—down 0.0% from the previous month. Inventory is projected to remain about the same in April.
Of those 24 active listings, 16.67% reduced their price in the month of March. The median listing price for homes in Monticello fell 56.4% from February to March, bringing the current median listing price to $255,000. Based on projected data for April, listing prices may continue to fall.
The number of days that homes have been on the market prior to going under contract has been fairly steady year-over-year. In March 2026, the median time for a listed property to go pending was 55 days, compared to 59 days in March 2025. However, in recent months the median number of days from listed to pending appears to be falling. That trend is predicted to have carried through to this April.
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Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.
Learn more about what Monticello has to offer.
Monticello offers residents a welcoming, close-knit community with safe neighborhoods, abundant parks and recreational options, and convenient access to shops, schools, and services that support an active, fulfilling life.
Monticello stands out from nearby college hubs like Champaign and Urbana by offering a quieter, small-town rhythm with strong amenities and quick access to both. Centered around a historic courthouse square, the city blends brick storefronts, local dining, and community events into a walkable core that feels rooted and active rather than touristy.
Residents take pride in local institutions. The Monticello Railway Museum draws rail enthusiasts and families, while nearby Allerton Park and Retreat Center provides miles of trails, sculpture gardens, and seasonal festivals. Everyday life revolves around familiar favorites like Steeple Coffee House and the city’s parks system, including Forest Preserve District of Piatt County sites for fishing, hiking, and picnics.
Families value the Monticello Community Unit School District 25 for its academics and extracurriculars, and the Allerton Public Library District supports year-round learning and gatherings. Proximity to Savoy and Decatur broadens job, shopping, and healthcare options while keeping commutes manageable.
The real estate market in Monticello can move quickly, whether you are eyeing a historic home near downtown or newer construction on the edge of town. Understanding current pricing, inventory, and timing is essential. Agent Pronto connects buyers and sellers with the right local real estate agent so you can prepare confidently and act at the right moment in Monticello’s market.
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“After a bad experience with another Realtor, Kathy was recommended to me by a friend and I couldn't of been more pleased that I went with the recommendation. Kathy has great attention to detail when it comes to reviewing the home in person and had a very strategic approach in a multiple bid scenario that won my home at a fair market value. She was also extremely responsive at anytime of the day and was always available to answer any questions!!! It was such a relief to have Kathy as my realtor. Truly best in class service!”
Berkshire Hathaway Chicago
“Kim was outstanding throughout both the sale of our home and the purchase of our new one. Her expertise and guidance were instrumental in making the entire process smooth and stress-free. She brings a wealth of knowledge and experience, which was evident every step of the way. We cannot recommend Kim more, and are grateful that she was part of our new home journey! (Our kids loved her too!)”
Wirtz Real Estate Group, Inc.
“Great job would recommend”
Century 21 Circle
“Great experience! Very attentive, honest, and dedicated. Professional, efficient, and easy to work with. Highly recommended!”
Century 21 Affiliated
“We relocated from an area where we had lived our entire lives, and the prospect of moving to another state can often be quite challenging. However, our experience with Kimberly was exceptionally smooth and seamless. Her expertise, combined with the thoughtful and tailored feedback she provided based on our specific criteria, proved invaluable throughout the entire process. She conducted herself with the utmost professionalism while also making us feel genuinely supported, as though we were family. We would highly recommend her to any prospective buyers or sellers seeking a dedicated and knowledgeable real estate professional.”
Berkshire Hathaway HomeServices Chicago
“Our house could be considered high end property in the neighborhood. Cinny worked hard to get it under the contract in a week and sold our house a little over a month. We are happy about the result. During the process, there were ups and downs which made us nervious. Cinny listened to our concerns and gave us professional advice.”
Century 21 Realty Associates
“Heather Bejda was a great help in our relocation from outside Philadelphia, PA to Oswego, IL. Ms. Bejda had great knowledge of the area and market. She provided excellent help, guidence and service. Would strongly recommend contacting Ms. Bejda if you are planning on relocating or purchasing property in the Naperville, IL area.”
Berkshire Hathaway HomeServices Chicago
“Our experience with Laura was excellent. From the moment we reached out to her everything moved forward quickly. As a first-time seller, I felt comfortable throughout the entire process thanks to Laura's knowledge, accessibility, and responsiveness. She also took the time to understand and cater towards our specific needs. I would highly recommend Laura.”
Berkshire Hathaway Homeservices
“Dayana is the realtor for the buyer looking to purchase in a seller's market. Her expertise was the key to our acquiring the property we now own. From showing us various properties, to continually checking in with us, to putting together a competitive and timely offer, to connecting us with a good attorney, to negotiating the terms of the contract, and otherwise guiding us through the process, Dayana was the best. Thank you Dayana!”
CENTURY 21 Affiliated
“Shawn is a perfect example of everything a new homeowner could want in a realtor. He's patient, informative and passionate about helping you find the right home. Shawn goes the extra mile in preparing detailed documents on every listing you visit and has a vast knowledge of property pros and cons. You also know you'll get a honest and trustworthy professional at your side when you work with him. I can't recommend Shawn enough!”
Berkshire Hathaway HomeServices
“Brittany was wonderful to work with. I always felt like she was trying to help me get the house I wanted. It did not feel like she just wanted to sell me the first house to be done.”
Compass
“Would use Lizette again, very easy to work with & very professional. Would recommend here 100% to Friends.”
REALTY OF AMERICA
“Robert was wonderful to work with as we navigated buying our first home. He gave us clear direction, was an incredible advocate for us, and prioritized our best interest. He was also extremely communicative and encouraged our questions and feedback. We would recommend him to anyone looking to buy a home!”
Keller Williams Platinum Partners
“Renee O'Brien was very understanding, helpful, and kind .... knowledgable in the house situation and problem solving to move the sale along swiftly...”
Keller Williams North Shore West
“Before using Jeffry as my agent, I had looked at several homes with 3 other agents for almost a year. Within 2 months of working with Jeffry, we found the home that I had been looking for and was the perfect fit.”
Berkshire Hathaway Home Services Chicago
“John Campobasso was great to work with in selling our unit. He was professional, knowledgeable, and guided us through every step of the process. We really appreciated how upfront and straightforward he was. He always gave us honest feedback and clear expectations. He made the whole experience feel smooth and much less stressful than we anticipated. We’re so glad we worked with him and would definitely recommend his services to anyone looking to buy or sell.”
Keller Williams Thrive Realty
“Great agent - professional, communicative, and results driven. I would highly recommend Steven to anyone buying or selling a home.”
RE/MAX Suburban
“I highly recommend Emir Vulic as a real estate agent. He is incredibly professional, kind, and truly cares about his clients. Emir always provided personalized attention, great market advice, and made sure every decision was in my best interest. He was responsive, trustworthy, and a pleasure to work with throughout the entire process. I’m very grateful for his guidance and would not hesitate to work with him again.”
Owners.com
“Michelle is an outstanding broker. She is personable, knowledgeable, responsive, and provided us with excellent marketing and negotiation. We highly receommend her without reservation.”
Lakes Realty Group Brokerage Inc.
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Monticello. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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