The median housing value in Monmouth, OR (97361) is $405,900 which is significantly higher than the national median of $338,100. In the last year alone, the housing in Monmouth has appreciated by 9.26%, which is slightly higher than the national average of 8.27%. This shows that real estate in Monmouth is both expensive and increasing in value quickly. With its close proximity to a major university and other local amenities, it's no surprise that this city has seen such an uptick in demand for housing.
The median home cost in Monmouth (zip 97361) is $405,900. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Monmouth (zip 97361) is up 14.2%.
Average Age of Homes
- The median age of Monmouth (zip 97361) real estate is 33 years old
The Rental Market in Monmouth (zip 97361)
- Renters make up 39.8% of the Monmouth (zip 97361) population
- 0.8% of houses and apartments in Monmouth (zip 97361), 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.