Monroe County, IL Housing

The housing market in Monroe, IL County is doing well compared to the US median value. The median value of homes in Monroe, IL County is $242,800, which is significantly lower than the US median of $338,100. Despite this difference, the appreciation rate for homes in Monroe, IL County has been very close to the national rate at 7.96%, just slightly lower than the 8.27% appreciation rate nationwide. This indicates that there is healthy growth occurring in this market and it could be a great investment opportunity for those looking to buy a home.

The median home cost in Monroe County is $242,800. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Monroe County is up 12.4%.

Average Age of Homes

- The median age of Monroe County real estate is 30 years old

The Rental Market in Monroe County

- Renters make up 16.7% of the Monroe County population
- 0.7% 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, Illinois	United States
	14,438.0	139,647,020.0
	32	42
	$242,800	$338,100
	12.4%	16.6%
	34.8%	57.0%
	42.4%	101.1%
	$18.06	$10.98
	$4,087	$2,690
	78.3%	57.4%
	6.6%	11.2%
	15.1%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	0.8%	0.4%
	0.6%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	0.4%	2.4%
	0.7%	2.8%
	1.1%	3.9%
	1.7%	4.5%
	15.8%	11.3%
	20.0%	13.0%
	30.3%	20.1%
	16.4%	13.6%
	8.1%	8.3%
	3.4%	9.7%
	0.6%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	19.6%	13.6%
	19.6%	13.6%
	18.8%	13.6%
	10.1%	13.2%
	9.3%	14.8%
	18.8%	13.6%
	7.3%	10.0%
	3.9%	4.7%
	10.0%	12.2%

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