Is Monticello, MN 55362 a buyer’s or seller’s market?

The Monticello housing market right now

In the three months ending August 31, 2026, 31% of homes in Monticello, MN 55362 sold above their list price, the typical home went under contract in 21 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 109 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 36%, homes sold faster (24 days then) and the median sale price rose 3% to $367,291. Overall, Monticello is less competitive than a year ago, which gives buyers more room.

Within Wright County, homes here sell faster than in 64% of the county’s ZIP codes, and sell more often over asking than in 55%. On our competition score, Monticello ranks #94 of 296 MN ZIP codes with enough sales (score 75 out of 100).

Nearby, buyers who want less competition could look at Delano 55328 (22% sold over asking) or Annandale 55302 (25% sold over asking), while Cokato 55321 (47% sold over asking) and Waverly 55390 (38% sold over asking) are even more competitive.