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Foreclosure Homes in Monroe, NE 68647

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Monroe, NE Foreclosures

How much do homes sell for in Monroe, NE?
The average home price is currently $410,923.
In Monroe, NE, how many homes are available?
There are currently 10 active home listings available in Monroe.
What’s the average rental cost in Monroe, NE?
The average rental price in Monroe is $1,209.
What is the most expensive home in Monroe?
The most expensive home sold in Monroe had a price of $2,376,191.
What is currently the cheapest priced home in Monroe, NE?
The cheapest home for sale in Monroe is priced at $38,958.

Living in Monroe, NE

Monroe, NE is a friendly small town that embraces a rural lifestyle while maintaining essential amenities for its residents. The area is characterized by close community ties, local events, and scenic farmland. Simply put, Monroe is a tranquil escape for those seeking peace and camaraderie.

Current Market Conditions in Monroe, NE

Monroe's real estate market is currently experiencing a modest growth period. Housing prices have stabilized over the past few years, making it a feasible option for first-time homebuyers and investors alike. The demand for family homes continues to be steady, due to the town’s attractive lifestyle and affordability compared to urban areas.

A notable trend is the interest in relocating from metropolitan areas to smaller towns like Monroe, as people seek quieter environments and more space, spurred on by remote work opportunities. In addition, there is an influx of retirees looking for peaceful living conditions.

Home Value Estimator For Monroe, NE

There are currently 284 real estate properties in Monroe, NE, with a median automated valuation model (AVM) price of $251,374.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monroe, NE, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Monroe, NE, is $410,923.00, with the most expensive house in Monroe, NE, topping out at $2,376,191.00 and the cheapest home in Monroe, NE, clocking in at $38,958.00. In other words, there’s something for every potential homebuyer or savvy investor in Monroe, NE!

Rent Prices In Monroe, NE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monroe, NE, is on a rollercoaster ride. The average rent price in Monroe, NE, is $1,209.00. Indeed, when looking to rent in Monroe, NE, you can expect to pay as little as $560.00 or as much as $2,320.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Monroe, NE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Monroe, NE 68647 Foreclosures

Market Trend for Monroe, NE

Total Listings Available: 10

Market Values:

Home Prices from $38,958 to $2,376,191

Average Sales Price: $410,923

Rental Values:

Rental from $560 to $2,320

Average Rent Value: $1,209 / month

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