The housing market in Monument, OR is incredibly strong, with a median value far exceeding the US national average of $338,100. In the past year, appreciation rates have been even higher in Monument than the national average; an impressive 12.74%, compared to 8.27%. This is a great indication that house values continue to rise and that now might be a great time to invest in the Monument housing market if you are looking for a long-term investment opportunity.
The median home cost in Monument is $2,508,000. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Monument is up 15.2%.
Average Age of Homes
- The median age of Monument real estate is 65 years old
The Rental Market in Monument
- Renters make up 11.2% of the Monument population
- 3.3% of houses and apartments in Monument, 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.