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2024 Compare Cities Housing:
Monroe, NC vs Wake Forest, NC

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Highlights
- The median age of a home in Monroe is 50.0% older than the median age of a home in Wake Forest.

Housing
 Monroe, NCWake Forest, NCUnited States
 Median Home Age321642
 Median Home Cost$289,800$483,600$338,100
 Home Appr. Last 12 months25.0%25.0%16.6%
 Home Appr. Last 5 yrs.79.2%72.1%57.0%
 Home Appr. Last 10 yrs.120.3%108.1%101.1%
 Property Tax Rate$8.7$10.2$11.0
 Homes Owned52.9%68.3%57.4%
 Housing Vacant8.4%4.2%11.2%
 Homes Rented38.7%27.5%31.4%
 space
 Avg Rent For Home Or Apartment
 Monroe, NCWake Forest, NCUnited States
 Average Rent$1,490$1,710$1,840
 Studio Apartment$1,030$1,210$1,080
 1 Bedroom Home or Apartment$1,050$1,250$1,180
 2 Bedroom Home or Apartment$1,190$1,410$1,430
 3 Bedroom Home or Apartment$1,510$1,730$1,860
 4 Bedroom Home or Apartment$1,940$2,290$2,160
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 Vacant Housing
 Monroe, NCWake Forest, NCUnited States
 Vacant For Rent1.8%1.0%1.9%
 Vacant Rented0.0%0.4%0.4%
 Vacant For Sale0.6%0.6%0.7%
 Vacant Sold0.4%0.4%0.4%
 Vacant Vacation0.2%1.0%3.6%
 Vacant Other5.4%0.7%4.1%
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 Owner-Occupied Housing Value
 Monroe, NCWake Forest, NCUnited States
 Less Than $20,0002.3%1.2%2.6%
 $20,000 to $39,9991.5%0.6%2.4%
 $40,000 to $59,9991.8%0.4%2.8%
 $60,000 to $79,9992.2%0.7%3.9%
 $80,000 to $99,9993.4%0.7%4.5%
 $100,000 to $149,99916.5%3.6%11.3%
 $150,000 to $199,99926.7%7.6%13.0%
 $200,000 to $299,99924.3%26.2%20.1%
 $300,000 to $399,99912.9%31.8%13.6%
 $400,000 to $499,9995.4%17.0%8.3%
 $500,000 to $749,9992.3%7.8%9.7%
 $750,000 to $999,9990.5%2.1%3.9%
 $1,000,000 to $1,499,9990.1%0.2%2.2%
 $1,500,000 to $1,999,9990.2%0.0%0.8%
 $2,000,000 and over0.1%0.1%1.1%
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 Housing Units By Year Built
 Monroe, NCWake Forest, NCUnited States
 2015 and Newer0.2%0.5%0.2%
 2010 to 201417.9%35.4%13.6%
 2000 to 200917.9%35.4%13.6%
 1990 to 199924.7%16.1%13.6%
 1980 to 198915.1%6.4%13.2%
 1970 to 197911.0%3.6%14.8%
 1960 to 196924.7%16.1%13.6%
 1950 to 19599.7%0.9%10.0%
 1940 to 19491.9%1.0%4.7%
 1939 or Earlier5.1%1.7%12.2%

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Reviews for Monroe    5 Reviews

Moved to Monroe approx 6 years ago. It has been one excuse after the other for the high incidence of assault and battery as well as property crime. The mayor and city  More

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I have lived in Monroe since 2015. I have been welcomed by my neighbors and the community. Monroe is rapidly growning. The downtown area is family friendly and has added  More

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I’m so glad to be moving away from this little Charlotte wanna be Town run by rednecks! I’ve been here for 15 years and have been stopped by Sheriff’s about 8 times!  More

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Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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ZIPS IN MONROE, NORTH CAROLINA
28110 28112
ZIPS IN WAKE FOREST, NORTH CAROLINA
27587

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