The housing market in Monroe, Oregon (97456) is quite strong. The median value for housing in the area is $508,500, which is significantly higher than the national median value of $338,100. In the past year, house appreciation in Monroe has been 8.24%, just slightly lower than the national average of 8.27% growth over the same period of time. With such promising numbers, it's no wonder many people are choosing to invest in real estate in Monroe and its surrounding areas.
The median home cost in Monroe (zip 97456) is $508,500. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Monroe (zip 97456) is up 13.1%.
Average Age of Homes
- The median age of Monroe (zip 97456) real estate is 39 years old
The Rental Market in Monroe (zip 97456)
- Renters make up 27.9% of the Monroe (zip 97456) population
- 0.0% of houses and apartments in Monroe (zip 97456), 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.