The housing market in Monroe, MS County is strong. The median value of houses in the county is $126,400, which is significantly lower than the US median house value of $338,100. Despite this lower price point, the one year appreciation rate for houses in Monroe, MS County is 12.50%, which is higher than the US 1 year house appreciation rate of 8.27%. This increase in housing prices means that homeowners and potential buyers alike are seeing a healthy return on their investment. For those looking to invest in real estate or purchase a home in Monroe, MS County, now may be an ideal time to do so.
The median home cost in Monroe County is $126,400. Home appreciation the last 10 years has been 56.9%. Home Appreciation in Monroe County is up 16.0%.
Average Age of Homes
- The median age of Monroe County real estate is 39 years old
The Rental Market in Monroe County
- Renters make up 19.3% of the Monroe County population
- 1.9% 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.