Home prices
The median home value in Monticello is $98,900. Compared to the surrounding areas this is about $8,100 (7%) lower.It is roughly $118,600 (54%) lower compared to the rest of the nation, and is roughly $8,200 (9%) higher compared to the city of Jackson.
Rents
The median rent in Monticello is $589 a month. Compared to nearby areas it is about $181 (23%) lower.Compared to the rest of the country it is approximately $473 (44%) lower, and it is approximately $258 (30%) lower compared to the city of Jackson.
Nearby places
Prentiss
Prentiss is about 13 miles east from Monticello. Real estate prices there are somewhat less expensive. Prentiss's median home price is $88,000, which works out to $10,900 (12%) lower than Monticello. Its rents are a bit more expensive. In Prentiss the median rent is $623 per month, which works out to $34 (5%) higher than Monticello.
New Hebron
New Hebron is roughly 15 miles northeast of Monticello. The real estate prices there are somewhat less expensive. The price of the median home in New Hebron is $90,000, which comes out to $8,900 (9%) lower than Monticello. The rent there is significantly more expensive. The median monthly rent in New Hebron is $867, which comes out to $278 (32%) higher than Monticello.
Brookhaven
Brookhaven is roughly 17 miles west from Monticello. Its housing prices are pretty similar. The median home in Brookhaven costs $100,300, which comes out to $1,400 (1%) higher than Monticello. Its rents are a bit more expensive. The median monthly rent in Brookhaven is $720, which is $131 (18%) higher than Monticello.
Wesson
Wesson is about 18 miles northwest from Monticello. The real estate prices there are a bit more expensive. The median home in Wesson costs $136,500, which is $37,600 (27%) higher than Monticello. The rent there is a bit more expensive. The median rent in Wesson is $856 a month, which comes out to $267 (31%) higher than Monticello.
Bassfield
Bassfield is about 19 miles east of Monticello. Its housing prices are a bit more expensive. The median home price in Bassfield is $120,200, which works out to $21,300 (17%) higher than Monticello. The rent there is a little more expensive. Bassfield's median rent is $782 per month, which comes out to $193 (24%) higher than Monticello.
