The housing market in Monument, CO is very strong. The median value for a house in Monument is $717,600, which is significantly higher than the US House Median Value of $338,100. Appreciation in the housing market has also been strong with the US seeing an appreciation rate of 8.27% and Monument showing an even higher appreciation rate of 9.31%. This demonstrates that home values in Monument are increasing at a faster rate than the national average and point to continued growth in the local housing market.
The median home cost in Monument is $717,600. Home appreciation the last 10 years has been 143.6%. Home Appreciation in Monument is up 13.7%.
Average Age of Homes
- The median age of Monument real estate is 16 years old
The Rental Market in Monument
- Renters make up 13.2% of the Monument population
- 2.6% 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.