The housing market in South Monrovia Island, CA is thriving. The median value of houses in the area is $625,200, well above the US median house value of $338,100. This greater than average housing value has been driven up by a 1 year appreciation rate of 11.31%, which significantly surpasses the national 1 year appreciation rate of 8.27%. With a booming housing market and high demand for fine homes, it's no wonder why South Monrovia Island is such a desirable place to buy property.
The median home cost in South Monrovia Island is $625,200. Home appreciation the last 10 years has been 113.1%. Home Appreciation in South Monrovia Island is up 15.4%.
Average Age of Homes
- The median age of South Monrovia Island real estate is 68 years old
The Rental Market in South Monrovia Island
- Renters make up 29.7% of the South Monrovia Island population
- 0.0% of houses and apartments in South Monrovia Island, 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.