Bill Hill
Monticello Real Estate
Bill Hill provides direct guidance for buyers and sellers navigating the Monticello, Minnesota real estate market. He focuses on clarity over sales pressure.
Monticello offers a distinct mix of housing options, ranging from established riverside properties to new developments. According to the U.S. Census Bureau, the median year homes were built is 1999. Bill Hill assists clients with single-family homes and townhouses, ensuring they understand the reality of the property before making an offer.
The local market remains steady with 65% of homes being owner-occupied. Bill Hill takes a no-nonsense approach to the process. He believes houses sell themselves, so his role is to manage the logistics and negotiations rather than pushing a sale. He specializes in first-time buyers and new construction projects throughout the city.
Understanding the financial landscape is critical for those moving to Monticello. Property owners here paid a median annual property tax of $2,773 according to Census ACS data. Bill Hill provides the facts needed to make an informed decision without the fluff. If a property is not a good fit, he will say so immediately.
By the numbers
Monticello, MN at a glance
| Population2020–2024 ACS 5-year estimates | 14,858 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 5,766 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $323,700 |
| Median monthly rent2020–2024 ACS 5-year estimates | $1,405 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $2,773 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 65% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 52% |
| Median year homes were built2020–2024 ACS 5-year estimates | 1999 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 60% |
| Home price change, 1 year (Wright County)2024 to 2025 | +1.8% |
| Home price change, 5 years (Wright County)2020 to 2025 | +38.0% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the median home value in Monticello, MN?↓
The median home value for owner-occupied units in Monticello is $323,700 based on the U.S. Census Bureau 2020–2024 ACS 5-year estimates. This figure reflects the variety of housing stock found throughout the city. Bill Hill uses these data points to help clients evaluate listing prices fairly.
How much has property value changed recently in the area?↓
In Wright County, which includes Monticello, home prices saw a 1.8% change over one year according to the Federal Housing Finance Agency House Price Index for 2024 to 2025. Over a five-year period from 2020 to 2025, the index shows a 38.0% increase. These trends provide a clear picture of long-term market movement for local homeowners.
What kind of commute can I expect from Monticello?↓
Data from the U.S. Census Bureau shows that 60% of residents have commutes under 30 minutes. The city is positioned well for those working locally or in nearby regional hubs. Bill Hill helps buyers identify neighborhoods that align with their daily travel needs.
What are the common housing types in Monticello?↓
Single-family detached homes make up 52% of the housing in Monticello according to the U.S. Census Bureau. The city also features townhouses and new construction opportunities. Bill Hill specializes in navigating these different property types to find the right match for his clients.
What is the current mortgage rate environment for buyers?↓
The average 30-year fixed mortgage rate in the U.S. was 7.03% for the week of 2026-09-24, compared to 6.26% a year earlier. Bill Hill monitors these Freddie Mac Primary Mortgage Market Survey figures to help buyers understand their purchasing power. He focuses on providing clear numbers so clients can plan their budgets accurately.
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