House Prices

House Prices & Home Values Monticello, IL 2026


Average Data

average house price$323,284
average size per house2094 ft²
average price per ft²155 $ / ft²

04/17/2026 - The value range (VR) for house prices in Monticello, IL is $152/ sqft to $152/ sqft. An average home with 2094 sqft costs approximately $318,288 to $318,288. Monticello, IL includes 1 ZIP codes and it is located in Piatt county. The lowest prices are found in ZIP 61856, while the highest are in ZIP 61856. The average price per sqare feet is $155. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Monticello

61856149 $ / ft²




Historical development of home values in Monticello

Year Estimated value (USD) Change vs. 2025
2010 $150,139 -53.6%
2011 $144,333 -55.4%
2012 $143,944 -55.5%
2013 $149,325 -53.8%
2014 $156,750 -51.5%
2015 $164,795 -49.0%
2016 $173,395 -46.4%
2017 $182,754 -43.5%
2018 $192,857 -40.3%
2019 $201,800 -37.6%
2020 $212,232 -34.4%
2021 $241,391 -25.3%
2022 $281,408 -13.0%
2023 $296,757 -8.2%
2024 $313,925 -2.9%
2025 $323,284 0.0%

Graph: estimated home values in Monticello over time (USD)



Example: 100% financing house in Monticello

Loan amount: $323,284

Interest rate: 6.00%

Fixed monthly payment: $1,938.25

Breakdown in the 1st month:
Interest portion: $1,616.42  –  Principal portion: $321.83

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,289.05 $3,969.97 $319,314.03
2 $19,044.19 $4,214.82 $315,099.21
3 $18,784.23 $4,474.79 $310,624.43
4 $18,508.23 $4,750.78 $305,873.64
5 $18,215.21 $5,043.80 $300,829.85
6 $17,904.12 $5,354.89 $295,474.96
7 $17,573.84 $5,685.17 $289,789.79
8 $17,223.20 $6,035.81 $283,753.98
9 $16,850.92 $6,408.09 $277,345.89
10 $16,455.68 $6,803.33 $270,542.56
11 $16,036.07 $7,222.94 $263,319.62
12 $15,590.57 $7,668.44 $255,651.18
13 $15,117.60 $8,141.41 $247,509.77
14 $14,615.46 $8,643.55 $238,866.22
15 $14,082.34 $9,176.67 $229,689.55
16 $13,516.34 $9,742.67 $219,946.88
17 $12,915.44 $10,343.57 $209,603.31
18 $12,277.47 $10,981.54 $198,621.77
19 $11,600.15 $11,658.86 $186,962.91
20 $10,881.06 $12,377.95 $174,584.95
21 $10,117.61 $13,141.40 $161,443.56
22 $9,307.08 $13,951.93 $147,491.63
23 $8,446.56 $14,812.45 $132,679.17
24 $7,532.96 $15,726.05 $116,953.12
25 $6,563.01 $16,696.00 $100,257.12
26 $5,533.24 $17,725.78 $82,531.34
27 $4,439.95 $18,819.06 $63,712.28
28 $3,279.23 $19,979.78 $43,732.50
29 $2,046.92 $21,212.09 $22,520.41
30 $738.61 $22,520.41 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Monticello, IL


1500 sqft3900 sqft
Ø selling price$281,326$598,455
Ø fast selling$255,751$538,610
Ø high price sale$306,900$658,301

In 2026, houses in Monticello, IL will be offered at an average price of $155 per square foot. A 1,500 sqft home priced at $281,326 is 22.54% more expensive per square foot than a 3,900 sqft home priced at $598,455. Home prices in Monticello, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $414,316. Sellers who can wait longer may achieve a higher price of up to $506,386.


Discover Monticello, IL

Located in Piatt County, Monticello, IL is a charming small city celebrated for its historic downtown and natural beauty.

Top Attractions

Allerton Park & Retreat Center offers stunning formal gardens, outdoor art, and miles of trails along the Sangamon River.
The family-friendly Monticello Railway Museum showcases vintage locomotives and seasonal train rides that delight visitors of all ages.

Lifestyle and Amenities

A vibrant, business-friendly core features independent shops, cozy cafes, and farm-to-table dining, all supported by quality services like Kirby Medical Center.
Strong local schools in the Monticello CUSD foster academic success and community involvement.
Residents enjoy well-maintained parks, sports facilities, and signature events such as the lively Monticellobration festival and holiday parades.

Location and Access

Centrally located in Illinois, Monticello sits minutes from Champaign?Urbana and Decatur with quick access via I-72 and US 36.
This convenient location makes commuting easy while keeping a peaceful, small-town pace.

Real Estate and Community

Housing options range from stately historic homes to new builds and acreage, appealing to families, professionals, and retirees.
Whether planning a weekend getaway or a move, Monticello, Illinois blends small-town charm with big amenities and year-round recreation.



FAQ – Home Values in Monticello

What is the median home value in Monticello in 2026?

In 2026, the typical home value in Monticello is about $323,284 for an average home size of 2094 square feet. This corresponds to an average price of roughly $155 per square foot.

What is the average cost per square foot in Monticello?

In 2026, homes in Monticello sell for an average of around $155 per square foot, with a typical range between $152 and $152 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Monticello is about 2094 square feet, with an estimated 2026 value around $323,284.



Locations close to Monticello, IL

Muncie, IL31 $ / ft²
Oakwood, IL61 $ / ft²
Ogden, IL126 $ / ft²
Milmine, IL81 $ / ft²
Mansfield, IL76 $ / ft²
Mahomet, IL135 $ / ft²
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