The housing market in Monument, PA is attractive to potential buyers due to its comparatively low median home value of $42,600. This is significantly lower than the US median home value of $338,100. Additionally, Monument's 1 year house appreciation rate is 10.39%, higher than the national average of 8.27%. This makes investing in Monument real estate more profitable and increases the city’s appeal as a place to live and invest. With a low median home price and growing appreciation, Monument homes offer an excellent opportunity for those looking for an affordable investment in real estate.
The median home cost in Monument is $42,600. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Monument is up 6.4%.
Average Age of Homes
- The median age of Monument real estate is 76 years old
The Rental Market in Monument
- Renters make up 0.0% of the Monument population
- 0.0% of houses and apartments in Monument, 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.