The housing market in West Monroe, NY is looking very healthy. The median value of a house in the area is $232,000, which is significantly lower than the US median value of $338,100. However, the appreciation rate of houses in West Monroe is higher than the national average at 10.27%, compared to 8.27%. This suggests that housing prices in West Monroe are likely to continue to rise in the coming years, making it an attractive place to invest in real estate.
The median home cost in West Monroe is $232,000. Home appreciation the last 10 years has been 64.7%. Home Appreciation in West Monroe is up 17.6%.
Average Age of Homes
- The median age of West Monroe real estate is 35 years old
The Rental Market in West Monroe
- Renters make up 14.8% of the West Monroe population
- 0.0% of houses and apartments in West 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.