How much does it cost to buy a house in Monterey, IN?

In July 2026 Monterey homes were listed to buy for a median price of $139K, which is a 52% decrease to June 2025 last month, and a 52% decrease to July 2025 last year. The median value of a home listed to buy in Monterey in July 2026 was $148 per sqft, which is a 27% decrease to June 2025 last month, and a 26% decrease to July 2025 last year.

Is it affordable or expensive to live in Monterey, IN?

It is affordable to live in Monterey. Buying a home in Monterey is 0% less expensive compared with the national average.

Is it a good time to buy property in Monterey, IN?

Yes now is a good time to buy property in Monterey, in July 2026, homes in Monterey have decreased in value (price per sqft) by 26% in the last year compared with July 2025.

Is the Monterey, IN housing market slowing down?

The housing market in Monterey is slowing down. In July 2026, homes to buy in Monterey spent an median 51 days on the market, a 54% decrease from July 2025 last year.

How much money should I make to buy a house in Monterey, IN?

In July 2026, Monterey homes were listed to buy for a median price of $139K, with 25% down you would need $802/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $27.4K.

Is it a good time to sell my house in Monterey, IN?

Yes now is a good time to sell your house in Monterey, in July 2026, homes in Monterey have decreased in value (price per sqft) by 26% in the last year compared with July 2025.