The housing market in Monroe, OR is thriving. The median value for a home in the area is $476,200, which is significantly higher than the US average of $338,100. Homes have appreciated 8.24% in the past year, just slightly lower than the US one year appreciation rate of 8.27%. This demonstrates that Monroe is a desirable place to live and invest in real estate.
The median home cost in Monroe is $476,200. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Monroe is up 13.1%.
Average Age of Homes
- The median age of Monroe real estate is 43 years old
The Rental Market in Monroe
- Renters make up 35.3% 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.