The housing market in Monroe, MA has a median value of $126,600, which is significantly lower than the US House median value of $338,100. Despite this difference in value, the 1 year house appreciation in Monroe is 8.53%, slightly higher than the US 1 year House Appreciation of 8.27%. This means that despite being lower priced than the national average, homes in Monroe are still increasing in value at a rapid rate. Therefore, investing in Monroe real estate could be a good option for those looking to reap financial rewards from their investment.
The median home cost in Monroe is $126,600. Home appreciation the last 10 years has been 65.4%. Home Appreciation in Monroe is up 13.1%.
Average Age of Homes
- The median age of Monroe real estate is 62 years old
The Rental Market in Monroe
- Renters make up 17.1% of the Monroe population
- 0.0% 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.