The housing market in Monico, WI is very strong. The median value of homes in Monico is $205,100, which is significantly lower than the US median value of $338,100. Despite this difference, the one-year appreciation rate for houses in Monico has been twice as high as the US rate at 16.22%, showing a healthy and growing market. This growth could be due to several factors such as wages increasing, population growth or recently built homes driving up the average price. Overall, it looks like buying a home in Monico now would be a smart move for potential buyers.
The median home cost in Monico is $205,100. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Monico is up 28.9%.
Average Age of Homes
- The median age of Monico real estate is 42 years old
The Rental Market in Monico
- Renters make up 7.6% of the Monico population
- 3.2% of houses and apartments in Monico, 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.