The housing market in Monmouth, CA is thriving. The median value of homes in Monmouth is $140,600, which is significantly lower than the US median house value of $338,100. However, what makes the housing market in Monmouth particularly attractive is the appreciation rate. In the past year, housing in Monmouth appreciated by 10.33%, far outpacing the 8.27% appreciation rate nationally. This makes Monmouth a great place for those looking to invest in real estate or buy a home at an affordable price that will increase over time.
The median home cost in Monmouth is $140,600. Home appreciation the last 10 years has been 149.7%. Home Appreciation in Monmouth is up 16.6%.
Average Age of Homes
- The median age of Monmouth real estate is 50 years old
The Rental Market in Monmouth
- Renters make up 35.2% of the Monmouth population
- 0.0% of houses and apartments in Monmouth, 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.