The housing market in Monroe, GA is currently flourishing, with the median house value being $321,000. This is slightly lower than the US median house value of $338,100, but the 1 year house appreciation rate in Monroe is much higher at 15.68%, compared to the US average of 8.27%. This means that houses in Monroe are appreciating faster than the national average. All signs point to a continuing growth in housing values in Monroe, making it an attractive place for potential investors and homeowners alike.
The median home cost in Monroe is $321,000. Home appreciation the last 10 years has been 140.4%. Home Appreciation in Monroe is up 25.1%.
Average Age of Homes
- The median age of Monroe real estate is 33 years old
The Rental Market in Monroe
- Renters make up 48.8% of the Monroe population
- 3.2% of houses and apartments in 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.