Zip 28110 (Monroe, NC) Housing

The housing market in 28110 Monroe, NC is doing quite well, with a median housing value of $345,700. This is significantly higher than the US median at $338,100 and shows that Monroe is an attractive place to buy property. In addition, the 1 year house appreciation rate in Monroe is 18.96%, far above the national average of 8.27%. This indicates that investing in real estate in this area will likely be a wise decision for buyers looking to increase their wealth over time.

The median home cost in Monroe (zip 28110) is $345,700. Home appreciation the last 10 years has been 120.1%. Home Appreciation in Monroe (zip 28110) is up 25.0%.

Average Age of Homes

- The median age of Monroe (zip 28110) real estate is 24 years old

The Rental Market in Monroe (zip 28110)

- Renters make up 24.8% of the Monroe (zip 28110) population
- 1.2% of houses and apartments in Monroe (zip 28110), 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, North Carolina	United States
	19,543.0	139,647,020.0
	27	42
	$345,700	$338,100
	25.0%	16.6%
	79.1%	57.0%
	120.1%	101.1%
	$7.45	$10.98
	$1,650	$2,690
	68.9%	57.4%
	8.2%	11.2%
	23.0%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.1%	0.4%
	0.2%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	1.3%	2.4%
	2.7%	2.8%
	1.5%	3.9%
	2.4%	4.5%
	10.2%	11.3%
	22.2%	13.0%
	30.0%	20.1%
	16.1%	13.6%
	6.0%	8.3%
	3.0%	9.7%
	1.6%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	28.4%	13.6%
	28.4%	13.6%
	27.7%	13.6%
	15.1%	13.2%
	9.1%	14.8%
	27.7%	13.6%
	4.3%	10.0%
	1.5%	4.7%
	2.1%	12.2%

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