Monroe County, AL Housing

The housing market in Monroe, AL County is thriving. The median value of a house in this county is $111,300 which is significantly lower than the US House Median Value of $338,100. Yet despite the lower price tag, the rate of appreciation for houses in this county is higher than the national average. In the past year, the US House Appreciation rate was 8.27% while Monroe County experienced 16.13% appreciation on their houses. This indicates that investing in housing in Monroe County is a great choice right now and could be even more lucrative in years to come as demand increases.

The median home cost in Monroe County is $111,300. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Monroe County is up 18.1%.

Average Age of Homes

- The median age of Monroe County real estate is 34 years old

The Rental Market in Monroe County

- Renters make up 20.8% of the Monroe County population
- 2.2% of houses and apartments in Monroe County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Monroe, Alabama	United States
	10,275.0	139,647,020.0
	38	42
	$111,300	$338,100
	18.1%	16.6%
	51.1%	57.0%
	61.6%	101.1%
	$3.09	$10.98
	$320	$2,690
	51.7%	57.4%
	28.6%	11.2%
	19.7%	31.4%
Vacant Housing
	2.2%	1.9%
	0.8%	0.4%
	0.2%	0.7%
	0.9%	0.4%
	8.9%	3.6%
	15.7%	4.1%
Value of Owner-Occupied Housing
	9.1%	2.6%
	11.4%	2.4%
	8.2%	2.8%
	12.8%	3.9%
	6.7%	4.5%
	19.4%	11.3%
	14.4%	13.0%
	12.4%	20.1%
	4.0%	13.6%
	0.9%	8.3%
	0.4%	9.7%
	0.2%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	10.9%	13.6%
	10.9%	13.6%
	18.0%	13.6%
	21.2%	13.2%
	21.0%	14.8%
	18.0%	13.6%
	7.5%	10.0%
	3.3%	4.7%
	3.9%	12.2%

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