MONROE HOUSING MARKET INFORMATION With a population of 19,447, 6,113 total housing units (homes and apartments), and a median house value of $696,780, real estate costs in Monroe are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Washington communities. Single-family detached homes are the single most common housing type in Monroe, accounting for 70.90% of the city's housing units. Other types of housing that are prevalent in Monroe include large apartment complexes or high rise apartments ( 13.89%), row houses and other attached homes ( 9.73%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.89%). The most prevalent building size and type in Monroe are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.26% owning and 38.74% renting. There is a lot of housing in Monroe built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Monroe built between 2000 and later ( 37.61%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.55%). There's also some housing in Monroe built before 1939 ( 8.64%). MONROE HOME APPRECIATION RATES In the last 10 years, Monroe has experienced some of the highest home appreciation rates of any community in the nation. Monroe real estate appreciated 130.22% over the last ten years, which is an average annual home appreciation rate of 8.70%, putting Monroe in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Monroe definitely has a track record of being one of the best long term real estate investments in America through the last ten years. Over the last year, Monroe appreciation rates have trailed the rest of the nation. In the last twelve months, Monroe's appreciation rate has been 6.57%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Monroe were at -0.17%, which equates to an annual appreciation rate of -0.66%. Notably, Monroe's appreciation rate in the latest quarter is one of the lowest in America. Relative to Washington, our data show that Monroe's latest annual appreciation rate is higher than 60% of the other cities and towns in Washington. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Monroe differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Monroe - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Monroe real estate investment or home purchase decisions.