Is Monticello, IN 47960 a buyer’s or seller’s market?

The Monticello housing market right now

In the three months ending August 31, 2026, 15% of homes in Monticello, IN 47960 sold above their list price, the typical home went under contract in 51 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 103 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold faster (54 days then) and the median sale price rose 8% to $269,883. Overall, Monticello is more competitive than a year ago, so tougher for buyers.

Within White County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in 60%. On our competition score, Monticello ranks #282 of 306 IN ZIP codes with enough sales (score 29 out of 100).

Nearby, buyers who want less competition could look at Burnettsville 47926 (0% sold over asking) or Monon 47959 (11% sold over asking), while Wolcott 47995 (50% sold over asking) and Reynolds 47980 (25% sold over asking) are even more competitive.