Market Intelligence Report — IN-900

Monticello, IN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IN-08
As of the latest 2026 data
Cooling

Median Listing

$299K
-13.8% YoY

Pending Ratio

0.40
+4.5% YoY

Active Inventory

114
+23.9% YoY

Median DOM

58 Days
-17.3% YoY

Primary Intelligence Tool — Sold Score™

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The Monticello market is cooling, characterized by a pending ratio of 0.40, indicating demand absorption is lagging inventory. Active listings have expanded significantly year-over-year, contributing to more constrained market conditions.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Monticello market right now.

Active listings have expanded by 23.9% over the past year, alongside a 28.6% increase in new listings, contributing to a greater supply of available properties. Despite this, the median listing price has declined by 13.8% year-over-year, reflecting downward pressure. The pending ratio currently stands at 0.40, showing a modest year-over-year increase of 4.5% from a low base, yet remains at a level indicative of reduced demand intensity relative to available supply. Median days on market decreased by 17.3% year-over-year, while the share of price-reduced listings rose by 4.0%.

Historical Analysis

Market Trends

Median Price

$299K-1.4% MoM

Active Inventory

114+23.9% YoY

Days on Market

58-17.3% YoY

Sold Score™

43+4.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

43
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With active listings increasing and a pending ratio of 0.40, negotiating leverage has shifted. The increased inventory suggests that demand absorption is tempered, creating more room for price discipline on available properties. The growth in price-reduced listings further indicates that sellers are adjusting expectations in response to market conditions.

Luxury Segment

Average listing prices declined by 15.3% year-over-year, a steeper rate than the 13.8% decline in median listing prices. Additionally, the median $/sqft saw a 7.8% year-over-year reduction. These dynamics suggest some softening at higher price points within the market segment.

Supply Dynamics

114 active listings represent the current floor, with new supply arriving at roughly 36 per month.

Pricing Pressure
30.3%

of active listings carry a price reduction, +4.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -7.8% year-over-year.

Absorption
0.40

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Monticello, IN? Homes here are taking 12 days less to sell than last year.

Monticello, IN is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
40%
Median Days on Market
58 days
Inventory YoY
+24%

Monticello, IN is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Monticello, IN
CBSA Code
33900
State
IN

ZIPs in Monticello, IN

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Monticello?+

    As of the latest 2026 data, the Monticello metro is classified as Cooling. Pending ratio is 0.40 with median days on market at 58.

  • Are home prices dropping in Monticello?+

    Median listing price is $299K, -13.8% year over year. 30.3% of active listings carry a price reduction.

  • How fast are homes selling in Monticello?+

    The typical listing sits 58 days on market, a -17.3% change YoY. New listings are arriving at 36 per month.

  • What's happening in the Monticello luxury market?+

    Average listing prices declined by 15.3% year-over-year, a steeper rate than the 13.8% decline in median listing prices. Additionally, the median $/sqft saw a 7.8% year-over-year reduction. These dynamics suggest some softening at higher price points within the market segment.

  • Where can I find a trusted Monticello real estate expert?+

    Primpted maintains a vetted registry of Monticello agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 33900 · 36mo history