This page includes AI-assisted content reviewed by Mark Gores, Licensed Minnesota Realtor #20486494. Market statistics and trends are based on information from MLS GRID, deemed reliable but not guaranteed.
All information is sourced from the MLS and verified for accuracy.
Living in Montevideo, Minnesota
Overview
Montevideo, Minnesota, is a vibrant small town that offers a perfect blend of community spirit and natural beauty. Situated in the heart of the Minnesota River Valley, Montevideo has become a hub for both new developments and longstanding traditions. The town recently celebrated the opening of a new community center in 2022, which has quickly become a focal point for residents. Additionally, the local hospital's expansion highlights the commitment to providing quality healthcare for the community. With a median home price of $179,900 and an average of 85 days on the market, Montevideo offers an attractive real estate landscape for potential homeowners.
Neighborhoods
Montevideo boasts several charming neighborhoods, each with its unique character. Smith Addition, known for its welcoming atmosphere, is perfect for families looking for a tight-knit community. Park Ridge offers picturesque views and easy access to outdoor activities, making it a favorite for nature enthusiasts. Sunrise Acres, with its spacious lots and modern homes, is ideal for those seeking a balance of privacy and convenience. These neighborhoods provide a variety of options for those looking to settle in Montevideo.
Schools & Education
Education is a cornerstone of the Montevideo community, served by the Montevideo Public School District (ISD 129). The district includes Montevideo Senior High School, known for its strong academic and extracurricular programs, and Sanford Elementary School, which provides a nurturing environment for young learners. The commitment to education in Montevideo ensures that students receive a comprehensive learning experience.
Parks & Recreation
Montevideo is blessed with an abundance of parks and recreational spaces. Lagoon Park offers serene walking trails and a beautiful lagoon for a peaceful escape. Smith Park is a family favorite with its playgrounds and picnic areas. Windom Park is perfect for sports enthusiasts with its athletic fields, while Riverside Park provides stunning river views and fishing opportunities. These parks are integral to the community, offering residents a chance to connect with nature and each other.
Local Events
Montevideo's community spirit shines through its annual events and festivals. Fiesta Days is a vibrant celebration of the town's cultural diversity, featuring music, dance, and delicious food. Riverfest is another highlight, offering activities for all ages along the scenic riverfront. The Montevideo Rodeo attracts visitors from near and far, showcasing thrilling rodeo events and cowboy culture. These events are cherished traditions that bring the community together year after year.
Real Estate Market
The real estate market in Montevideo is stable, with a median home price of $179,900 and a year-over-year change of 0.0%. With 36 active listings and 16 homes sold in the last 90 days, the market remains consistent. Homes typically spend an average of 85 days on the market, providing potential buyers with ample time to find their perfect fit. Whether you're looking for a historic home in a quaint neighborhood or a modern property with all the amenities, Montevideo offers diverse options to suit various tastes and budgets.
Commute & Location
Montevideo's location offers convenient access to the Twin Cities metro area, making it an appealing choice for commuters. With a drive of just over two hours, residents can enjoy the tranquility of small-town living while having easy access to the bustling city life of Minneapolis and St. Paul. This accessibility makes Montevideo a desirable location for those who work in the Twin Cities but prefer to reside in a more relaxed setting.
Local Insight
As a Twin Cities real estate expert, I've noticed that Montevideo is attracting more attention due to its balance of small-town charm and modern amenities. The recent developments, such as the new community center and hospital expansion, reflect the town's growth and commitment to enhancing the quality of life for its residents. Additionally, the local dining scene is thriving, with hidden gems like Valentino's Family Restaurant offering delicious, home-cooked meals that keep locals coming back for more. Montevideo's unique blend of tradition and progress makes it an appealing destination for families and individuals alike.
Frequently Asked Questions
What is the median home price in Montevideo, MN?
The current median home price in Montevideo is $179,900. This represents a 0.0% change from last year. Montevideo offers a range of housing options across its neighborhoods including Smith Addition, Park Ridge, Sunrise Acres.
What schools serve Montevideo residents?
Montevideo is served by Montevideo Public School District (ISD 129), with Montevideo Senior High School as the main high school. Elementary options include Sanford Elementary School. The district is known for its strong academic programs and community involvement.
How long does it take to commute from Montevideo to Minneapolis or St. Paul?
From Montevideo, typical commute times are: 2 hours 23 mins to Downtown Minneapolis (129.9 mi), 2 hours 33 mins to Downtown St. Paul (141.7 mi). Other key destinations include 2 hours 21 mins to Mall of America, 2 hours 22 mins to Minneapolis Airport. These times are based on typical traffic conditions and provide excellent access to the Twin Cities metro area.
How long do homes typically stay on the market in Montevideo?
Homes in Montevideo typically sell within 85 days. With 36 active listings and 16 homes sold in the past 90 days, it's a dynamic market that rewards prepared buyers.