The housing market in Monroe, AR County is currently experiencing strong growth and appreciation. The median value of homes in this area is $76,100, significantly lower than the US House Median Value of $338,100. Over the last year, housing appreciation has been 10.13% in Monroe County, higher than the US 1 year House Appreciation of 8.27%. This suggests that the housing market in this area is flourishing and is a good investment for potential homebuyers looking to purchase property in Monroe County.
The median home cost in Monroe County is $76,100. Home appreciation the last 10 years has been 56.0%. Home Appreciation in Monroe County is up 15.2%.
Average Age of Homes
- The median age of Monroe County real estate is 41 years old
The Rental Market in Monroe County
- Renters make up 27.9% of the Monroe County population
- 2.3% 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.