Monroe City, MO is an ideal housing market for prospective home buyers. With a median house value of $146,600, it is significantly lower than the US house median value of $338,100. Not only that, but the appreciation rate for homes in the 63456 zip code was 13.45% last year compared to 8.27% nationally. This makes Monroe City one of the best areas to consider when looking for an investment in real estate.
The median home cost in Monroe City (zip 63456) is $146,600. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Monroe City (zip 63456) is up 17.1%.
Average Age of Homes
- The median age of Monroe City (zip 63456) real estate is 33 years old
The Rental Market in Monroe City (zip 63456)
- Renters make up 19.9% of the Monroe City (zip 63456) population
- 1.3% of houses and apartments in Monroe City (zip 63456), 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.