Housing in Monroe Center, IL is quite reasonable compared to other areas of the United States. The median housing value in Monroe Center is $199,200 which is much lower than the national median house value of $338,100. In the past year, homes in Monroe Center appreciated by 7.18%, slightly lower than the national average of 8.27%. It is clear that Monroe Center remains an attractive investment option for those looking for reasonable housing options.
The median home cost in Monroe Center is $199,200. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Monroe Center is up 14.1%.
Average Age of Homes
- The median age of Monroe Center real estate is 64 years old
The Rental Market in Monroe Center
- Renters make up 14.7% of the Monroe Center population
- 0.0% of houses and apartments in Monroe Center, 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.