The housing market in Monroe City, MO is thriving. The median value of a house in the city is $155,900 while the US median value is significantly higher at $338,100. Furthermore, the US house appreciation rate over the last year is 8.27%, whereas in Monroe City it was even higher at 13.45%. This data shows that housing in Monroe City is more valuable than other places across the country and continues to steadily grow in value.
The median home cost in Monroe City is $155,900. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Monroe City is up 17.1%.
Average Age of Homes
- The median age of Monroe City real estate is 43 years old
The Rental Market in Monroe City
- Renters make up 31.8% of the Monroe City population
- 2.3% of houses and apartments in Monroe City, 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.