West Monroe, LA is an attractive place to live with a median housing value of $182,200. While this is much lower than the US House Median Value of $338,100, it has still appreciated by 7.40% in the last year which is slightly lower than the US 1 year House Appreciation rate of 8.27%. The relatively low cost of housing combined with the solid appreciation make West Monroe an attractive option for homeowners looking for a more affordable option.
The median home cost in West Monroe is $182,200. Home appreciation the last 10 years has been 40.8%. Home Appreciation in West Monroe is up 10.1%.
Average Age of Homes
- The median age of West Monroe real estate is 47 years old
The Rental Market in West Monroe
- Renters make up 48.5% of the West Monroe population
- 7.7% of houses and apartments in West 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.