Monroe, WA Housing


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The housing market in Monroe, WA is much higher than the national average. The median home value in Monroe is $652,200, compared to the U.S. median of $338,100. Although appreciation rate for homes in Monroe over the past year has been 6.82%, lower than the US average of 8.27%, this still represents a significant increase in value for homeowners in this area. With housing prices increasing, Monroe remains a desirable place to live and invest in real estate.

The median home cost in Monroe is $652,200. Home appreciation the last 10 years has been 156.9%. Home Appreciation in Monroe is up 14.7%.

Average Age of Homes
- The median age of Monroe real estate is 23 years old
The Rental Market in Monroe
- Renters make up 32.5% of the Monroe population
- 0.3% of houses and apartments in Monroe, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMonroe, WashingtonUnited States
  5,988.0139,647,020.0
  2542
  $652,200$338,100
  14.7%16.6%
  71.5%57.0%
  156.9%101.1%
  $8.62$10.98
  $3,728$2,690
  67.6%57.4%
  2.6%11.2%
  29.8%31.4%
  Vacant Housing
  0.3%1.9%
  0.0%0.4%
  0.4%0.7%
  0.0%0.4%
  1.1%3.6%
  0.8%4.1%
  Value of Owner-Occupied Housing
  0.7%2.6%
  0.0%2.4%
  0.0%2.8%
  0.0%3.9%
  0.0%4.5%
  0.2%11.3%
  1.8%13.0%
  6.2%20.1%
  29.6%13.6%
  35.3%8.3%
  23.8%9.7%
  2.4%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  23.1%13.6%
  23.1%13.6%
  37.3%13.6%
  8.6%13.2%
  4.4%14.8%
  37.3%13.6%
  1.3%10.0%
  1.0%4.7%
  9.5%12.2%
Reviews for Monroe
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Over 15 years ago

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