The housing market in Monroe, FL County has been growing rapidly, with the median value for homes at $901,500. This is significantly higher than the national median of $338,100. In addition to this high median value, the one-year house appreciation rate in Monroe County is 18.62%, significantly higher than the national rate of 8.27%. This indicates that the housing market in Monroe County is an especially attractive investment option and is likely to continue to experience growth.
The median home cost in Monroe County is $901,500. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Monroe County is up 26.6%.
Average Age of Homes
- The median age of Monroe County real estate is 37 years old
The Rental Market in Monroe County
- Renters make up 21.2% of the Monroe County population
- 6.0% 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.