The median home value in Monterey, IN is $158,500. This is higher than the county median home value of $154,600. The national median home value is $338,100. The average price of homes sold in Monterey, IN is $158,500. Approximately 45.18% of Monterey homes are owned, compared to 48.8% rented, while 6.02% are vacant. Monterey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Monterey real estate agent to arrange a tour today!
Monterey, Indiana has a population of 341. Monterey is less family-centric than the surrounding county with 22.97% of the households containing married families with children. The county average for households married with children is 23.92%.
The median household income in Monterey, Indiana is $34,637. The median household income for the surrounding county is $52,098 compared to the national median of $69,021. The median age of people living in Monterey is 43.8 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 16.1 degrees. The average rainfall is approximately 39.8 inches per year, with 25.4 inches of snow per year.