The housing median value in Monterey, NE is significantly higher than the national average, at $613,900 compared to $338,100. This is likely due to the desirable location and attractive amenities of the city. Furthermore, Monterey has seen a slight increase in housing appreciation over the past year with an 8.33% increase compared to the national average of 8.27%. With its prime location and increasing home value this make Monterey an attractive place for potential homebuyers.
The median home cost in Monterey is $613,900. Home appreciation the last 10 years has been 92.0%. Home Appreciation in Monterey is up 16.1%.
Average Age of Homes
- The median age of Monterey real estate is 78 years old
The Rental Market in Monterey
- Renters make up 40.2% of the Monterey population
- 0.0% of houses and apartments in Monterey, 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.