In Old Monroe, MO, the median value of houses is quite a bit lower than the US average, at $274,200. However, this does not mean that it is not an attractive place to live. The 1 year house appreciation rate in Old Monroe is actually higher than the national average at 13.08%, indicating that there is potential for significant growth in the area. With its lower cost of living and high appreciation rate, Old Monroe can be an ideal choice for those looking to purchase a home and make a long-term investment.
The median home cost in Old Monroe is $274,200. Home appreciation the last 10 years has been 82.8%. Home Appreciation in Old Monroe is up 13.2%.
Average Age of Homes
- The median age of Old Monroe real estate is 66 years old
The Rental Market in Old Monroe
- Renters make up 14.2% of the Old Monroe population
- 2.7% of houses and apartments in Old 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.