Monroe County, IN Housing

The housing market in Monroe, IN County is booming. The median value of homes in the area is $274,300 which is significantly lower than the US House Median Value of $338,100. This makes it an attractive option for buyers looking to purchase a new home. In addition, house appreciation in Monroe, IN County has been higher than the US average in the past year with an increase of 10.75%, compared to the US 1 year House Appreciation of 8.27%. This creates an ideal environment for homeowners looking to increase their equity or for property investors hoping to benefit from a strong market.

The median home cost in Monroe County is $274,300. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Monroe County is up 16.7%.

Average Age of Homes

- The median age of Monroe County real estate is 33 years old

The Rental Market in Monroe County

- Renters make up 41.5% of the Monroe County population
- 2.4% 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, Indiana	United States
	63,155.0	139,647,020.0
	36	42
	$274,300	$338,100
	16.7%	16.6%
	58.6%	57.0%
	87.2%	101.1%
	$7.22	$10.98
	$1,461	$2,690
	49.5%	57.4%
	9.5%	11.2%
	41.0%	31.4%
Vacant Housing
	2.4%	1.9%
	1.1%	0.4%
	0.7%	0.7%
	0.1%	0.4%
	1.2%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	2.1%	2.4%
	1.3%	2.8%
	2.3%	3.9%
	4.9%	4.5%
	15.6%	11.3%
	19.4%	13.0%
	25.1%	20.1%
	14.0%	13.6%
	5.1%	8.3%
	4.8%	9.7%
	1.0%	3.9%
	0.4%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	14.1%	13.6%
	14.1%	13.6%
	19.7%	13.6%
	13.6%	13.2%
	14.5%	14.8%
	19.7%	13.6%
	7.4%	10.0%
	2.0%	4.7%
	8.5%	12.2%

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