The housing in Monrovia, IN has been steadily appreciating for the past year. The median value of homes in Monrovia is currently $264,900, which is significantly lower than the US House Median Value of $338,100. Furthermore, over the past year, the house appreciation rate is at 13.55%, which is higher than the US average of 8.27%. This strong appreciation in value reflects an increase in demand for homes in this area and shows a positive outlook for housing in Monrovia.
The median home cost in Monrovia is $264,900. Home appreciation the last 10 years has been 95.7%. Home Appreciation in Monrovia is up 17.9%.
Average Age of Homes
- The median age of Monrovia real estate is 16 years old
The Rental Market in Monrovia
- Renters make up 17.7% of the Monrovia population
- 0.0% of houses and apartments in Monrovia, 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.