The housing market in Monroe North, WA is very strong. The median value of homes in the area is $706,000, substantially higher than the US median value of $338,100. Despite this higher cost, many are still attracted to the area due to its desirable amenities and location. Over the past year, housing appreciation in Monroe North has been 6.82%, slightly lower than the US 1 year house appreciation rate of 8.27%. The slower rate of appreciation may be due to a lower demand in the local market compared to other areas across the country.
The median home cost in Monroe North is $706,000. Home appreciation the last 10 years has been 156.9%. Home Appreciation in Monroe North is up 14.7%.
Average Age of Homes
- The median age of Monroe North real estate is 32 years old
The Rental Market in Monroe North
- Renters make up 10.4% of the Monroe North population
- 0.0% of houses and apartments in Monroe North, 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.