Zip 47557 (Monroe City, IN) Housing

Monroe City, IN, with zip code 47557, has a median housing value of $158,800. This is substantially lower than the US median house value of $338,100. However, Monroe City has one of the highest one-year house appreciation rates in the US at 8.45%, compared to the national average of 8.27%. This means that housing values are increasing quickly in Monroe City, and it could be a great investment opportunity for those looking for a place to buy their next home.

The median home cost in Monroe City (zip 47557) is $158,800. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Monroe City (zip 47557) is up 13.8%.

Average Age of Homes

- The median age of Monroe City (zip 47557) real estate is 57 years old

The Rental Market in Monroe City (zip 47557)

- Renters make up 13.3% of the Monroe City (zip 47557) population
- 0.0% of houses and apartments in Monroe City (zip 47557), 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 City, Indiana	United States
	668.0	139,647,020.0
	57	42
	$158,800	$338,100
	13.8%	16.6%
	45.2%	57.0%
	63.6%	101.1%
	$7.46	$10.98
	$716	$2,690
	61.8%	57.4%
	14.2%	11.2%
	24.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	5.1%	0.4%
	0.0%	3.6%
	9.1%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	5.3%	2.4%
	6.1%	2.8%
	19.4%	3.9%
	6.8%	4.5%
	11.9%	11.3%
	32.2%	13.0%
	11.1%	20.1%
	4.1%	13.6%
	0.0%	8.3%
	2.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	4.2%	0.2%
	2.7%	13.6%
	2.7%	13.6%
	5.1%	13.6%
	7.2%	13.2%
	11.2%	14.8%
	5.1%	13.6%
	14.1%	10.0%
	7.9%	4.7%
	18.0%	12.2%

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