The housing in Monroe, NC is doing very well compared to the US median value. The median value of a house in Monroe is $289,800 compared to the US median of $338,100. Further adding to this success, house appreciation in Monroe over the past year has been 18.98%, which is significantly higher than the US 1 year house appreciation rate of 8.27%. These figures highlight how the housing market in Monroe, NC is performing strongly and may be a good option for those looking to buy or invest.
The median home cost in Monroe is $289,800. Home appreciation the last 10 years has been 120.3%. Home Appreciation in Monroe is up 25.0%.
Average Age of Homes
- The median age of Monroe real estate is 31 years old
The Rental Market in Monroe
- Renters make up 37.5% of the Monroe population
- 1.8% 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.