The housing market in 84754 Monroe, UT is incredibly healthy. The median value of homes is currently $331,500, which is slightly lower than the median house value across the United States as a whole ($338,100). However, the 1-year house appreciation rate in 84754 Monroe, UT still remains strong at 7.86%, only slightly lower than the national average of 8.27%. With such an impressive appreciation rate and affordable median value of homes, this area is an ideal location for potential homeowners looking for a great investment.
The median home cost in Monroe (zip 84754) is $331,500. Home appreciation the last 10 years has been 170.2%. Home Appreciation in Monroe (zip 84754) is up 19.9%.
Average Age of Homes
- The median age of Monroe (zip 84754) real estate is 36 years old
The Rental Market in Monroe (zip 84754)
- Renters make up 11.7% of the Monroe (zip 84754) population
- 1.1% of houses and apartments in Monroe (zip 84754), 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.