The housing market in Monroe Center, IL (zip code 61052) is currently valued at $193,900 which is significantly lower than the US median value of $338,100. The appreciation rate of this area in the past year has been 7.18%, slightly lower than the national average of 8.27%. This indicates that the housing market in Monroe Center may be slower to appreciate than other markets, but it also makes it an attractive option for those looking to buy a home on a budget.
The median home cost in Monroe Center (zip 61052) is $193,900. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Monroe Center (zip 61052) is up 14.1%.
Average Age of Homes
- The median age of Monroe Center (zip 61052) real estate is 44 years old
The Rental Market in Monroe Center (zip 61052)
- Renters make up 8.7% of the Monroe Center (zip 61052) population
- 7.7% of houses and apartments in Monroe Center (zip 61052), 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.