The housing market in Monarch, MT is thriving compared to the national average. According to current data, the median value of housing in Monarch is $261,300 and is significantly lower than the national median value of $338,100. However, when looking at 1 year appreciation of houses in Monarch it is much higher than the national average at 20.18%, compared to only 8.27%. This suggests that investing in real estate in Monarch could prove to be a lucrative decision as house values are appreciating faster than the national average.
The median home cost in Monarch (zip 59463) is $261,300. Home appreciation the last 10 years has been 80.8%. Home Appreciation in Monarch (zip 59463) is up 20.3%.
Average Age of Homes
- The median age of Monarch (zip 59463) real estate is 43 years old
The Rental Market in Monarch (zip 59463)
- Renters make up 2.2% of the Monarch (zip 59463) population
- 5.1% of houses and apartments in Monarch (zip 59463), 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.