The housing market in 28112 Monroe, NC is incredibly strong right now. The median value of a home in this area is $296,200 and that is significantly lower than the national median of $338,100. However, the appreciation over the last year has been much higher than average; 18.96 percent compared to 8.27 percent nationally. This means that those who have recently purchased or sold a home in 28112 Monroe, NC have seen significant increases in their investment values and should be very pleased with their choices.
The median home cost in Monroe (zip 28112) is $296,200. Home appreciation the last 10 years has been 120.1%. Home Appreciation in Monroe (zip 28112) is up 25.0%.
Average Age of Homes
- The median age of Monroe (zip 28112) real estate is 36 years old
The Rental Market in Monroe (zip 28112)
- Renters make up 22.9% of the Monroe (zip 28112) population
- 0.6% of houses and apartments in Monroe (zip 28112), 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.