Housing in Monroe, WI County is highly valued. According to the US House Median Value, it is at $338,100. The median value of housing in Monroe, WI County is significantly lower than the national average at $203,300. This means that residents of Monroe, WI can benefit from the relatively lower cost of living and take advantage of these prices when considering buying a home. Additionally, this area has experienced a 15.50% appreciation rate for homes in the last year compared to the 8.27% appreciation rate nationwide. This could be an indicator that more people are looking to buy homes in Monroe, WI due to its low cost and high appreciation rate which could potentially lead to future growth and prosperity for its citizens.
The median home cost in Monroe County is $203,300. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Monroe County is up 14.8%.
Average Age of Homes
- The median age of Monroe County real estate is 40 years old
The Rental Market in Monroe County
- Renters make up 30.2% of the Monroe County population
- 2.5% of houses and apartments in Monroe County, 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.